Word: restriction
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Dates: during 1960-1969
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...ANTITRUST. To what extent can manufacturers restrict franchise retailers? Chevrolet dealers in Los Angeles sold new cars at bargain rates through dis count houses. By stopping them, argues the Government, General Motors restrained trade and violated the Sherman Act. The trustbusters insist that such franchise agreements hobble merchants across the country...
...which perhaps will lead to creation of an international currency to supplement dollars, pounds and gold (TIME cover, Sept. 10). The rich nations in the so-called Group of Ten instructed their Deputy Finance Ministers to start negotiating now on "an intensified basis." Though the continentals had hoped to restrict the talks to the clubby Ten, they now seem to agree that, at some time in the near future, the 30-nation IMF executive board should be brought in. Even those agreements, while not earthshaking, would have seemed impossible just two months ago-before Joe Fowler went to Europe...
Metropolitan District yesterday ordered and other Boston community restrict their use of water the current drought...
...newly elected President, Juan Bosch, whose promises of reform won wide praise but whose attitude toward Communists was highly permissive. Bosch declared an amnesty for all exiles, permitted scores of far leftists to return from Cuba and Europe?"the better to watch them," he said. When Bosch refused to restrict the Communists' right to travel and even allowed trips to Cuba, Wessin y Wessin demanded that the President outlaw the Communist Party. Bosch refused and demanded Wessin y Wessin's resignation. Instead, in September 1963, the general staged the bloodless coup that ousted Bosch and sent him into...
...John Connor, the Commerce Secretary, left the presidency of Merck & Co. to find himself suddenly doctoring the nation's money ailments. He uses his chummy ties with the nation's top businessmen to persuade them to restrict foreign investing, last week received the first reports from 623 corporate chiefs on what they are doing to retrench. White House aides grumble that he has stolen too much of the spotlight in the payments-balancing act, and that he too vigorously defends the business establishment. Unlike the last several Commerce Secretaries, Connor has become a major adviser to the President...