Word: restricted
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Dates: during 1950-1959
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Securities and Exchange Commission Washington, D.C. ¶ TIME and Investigator Allen Raymond erred in implying that the new SEC proxy rule has already been adopted. But some financial reporters still hold that, if adopted, it could restrict reporting of proxy fights...
...regard inflation as a public enemy of the worst type. But we have not hesitated, either, to ease or restrict the basis of credit when need was indicated. The full force of monetary policy has been made effective more promptly than ever before to better respond to natural demands. This has been done by the timely use of monetary policy and credit; by the return to the public of purchasing power through the biggest tax cut in the history of the nation; by cutting unjustified Government spending; by timely encouragement to construction, home building and needed improvements...
Randall condemned "American business [which] cannot operate without a high protective tariff. You cannot benefit one segment of the American people by a high protective tariff unless some other segment pays for it. You can restrict the flow of Venezuelan oil to the United States. When you do that, you make all of New England take a higher power cost because its fuel will cost more. The ultimate payoff is with the consumer...
...various local authorities have squirmed out from under the fenders recently to offer various solutions. High on their list, of course, is the standard reaction of throwing both hands up into the air and declaring--with a disgusted sigh--that one of these days the University will have to restrict undergraduate cars. This point of view, though it has a certain mathematical logic, is simply unacceptable to most members of the University. A hands-off policy toward student cars has long symbolized Harvard's desire to treat its students as adults, and no one wants to see this policy abandoned...
...words of caution. With the economy straining at near capacity, future rises would "probably become more moderate." It also foresaw some possible trouble spots in the economy in the excessive rise in consumer credit and mortgage debt. The Chamber thought that the Government's efforts to restrict credit were all to the good, and concluded: "A general tightening of credit now . . . would allow elbow room to loosen credit next year to buoy up the economy if necessary...