Word: restrictions
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Dates: during 1950-1959
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Despite a number of polio cases in Amherst, Mass., there will be no added precautions taken here to restrict University of Massachusetts students from attending the game...
...barrel last week. Defense Mobilizer Arthur S. Flemming warned them that unless oil imports are cut voluntarily, the President may slap a rigid quota on imports to protect small U.S. producers. Flemming's suggestion: the oil companies should get together and work out an industry plan to restrict imports. The oil companies, which have had more than their share of antitrust suits, were not eager to work out any scheme that would, in effect, slice up a market between them. Furthermore, they do not agree with Flemming that imports have reached a dangerous level...
...some politicos, who have always found bankers a popular target, the merger trend is cause for alarm. Cried Brooklyn Democrat Emanuel Celler, chairman of the House Judiciary Committee: "An alarming concentration of financial power in the hands of a few banks." Celler is busily pushing a bill to restrict mergers, and has lined up top Administration support behind it. Both Trustbuster Stanley N. Barnes, who has investigated some of the mergers, and Federal Reserve Board Chairman William McChesney Martin have come out in favor of the bill. While they feel that the mergers probably have not caused any lessening...
...restrict the spending spree, Rab Butler slapped restrictions on installment buying of autos, large appliances, etc., warned banks to clamp down on loans, appealed to private businessmen to postpone capital spending that would not boost exports...
...with production. I would be sur prised if we don't go through the third quarter at 100% of capacity." Grace an nounced that even though the Justice Department has disapproved of a plan to merge his company with Youngstown Sheet & Tube on the ground that it would restrict competition, the two companies are going ahead with their merger plans. If they do merge, said Grace, the new company will add 3,000,000 tons to the capacity of Youngstown mills...