Word: restricted
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Dates: during 1950-1959
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With the same goal in mind, Britain's Chancellor of the Exchequer R. A. ("Rab") Butler last week slashed away festoons of government controls that restrict sterling transaction?. Since the war, there have been two major classes of sterling owned by residents outside the sterling and dollar areas: "transferable-account" sterling held by residents of 18 nations such as Italy, Holland and Russia; "bilateral-account" sterling in 24 nations such as Brazil, France, Belgium and Japan. Residents of transferable-account nations could not spend their sterling in bilateral-account nations, and residents of bilateral-account nations could not even...
...Hardest Blow. At the President's further urging, the Republican policy committee of the Senate brought out suggestions for changes in committee rules, designed to restrict McCarthy's reckless hunt for headlines. The changes-chiefly designed to prevent McCarthy from conducting one-man hearings-might not be enough to hold him in line, but they were important because they showed the attitude of the responsible Republican leadership. Sound, clear, public voice was given to that attitude by Vermont's Republican Ralph Flanders in a speech on the Senate floor (see Col. 2) and by Pres ident Eisenhower...
...concept of individual rights as established and guaranteed by law is the basis of all true conservatism. We do not condone any effort by self-appointed investigators to coerce individuals or to restrict their enjoyment of these rights. We cannot understand why men who say they are ashamed of Harvard and its academic freedom continue to attend the college...
Under the support plan suggested by former Secretary of Agriculture Brannan in 1949 the second method would have been used. But to prevent farmers from flooding the market, raising the cost of the support program prohibitively, the Brannan Plan included a quota system to restrict crop production. The response of Mid-Western farmers and conservative farm organizations was prompt and negative. The alleged "regimentation" and dependence on a yearly Congressional appropriation were so repulsive that the proposal had to be shelved...
Another important aspect of the curriculum is the restriction of the amount of courses offered to students. A look at the Princeton catalogue shows that there are only about half the number of courses in corresponding departments at Harvard. The basis for this policy again goes back to Wilson who felt a need for a counterbalance to the free-elective system, originated at Harvard by President Eliot and spread through other universities. As Wilson saw it, Harvard under Eliot had performed the function of liberation, but had left education in disorder. Wilson decided that it was Princeton...