Word: snyders
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Dates: during 1950-1959
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...expected, FRB Chairman William McChesney Martin insisted that the FRB had been right in pulling the peg on Government bonds (i.e., stopping rigid support), and that the FRB's whole program of credit restrictions had helped check inflation. There was one surprise: Secretary of the Treasury John W. Snyder, at least on paper, was far closer to the FRB's own position than his previous remarks had indicated...
...Secretary of the Treasury John W. Snyder...
CONWAY W. SNYDER...
Crimson sophomore Mary Sandler and Dick Fouquet should be able to lead Indians Paul Mack and Duke Snyder in the quarter-mile race. Springfield freshman Jack Mayers is strong in the 200-yard backstroke, where sophomore Don Mulvey currently leads the Crimson, and in the 150-yard individual medley...
...blunderbuss methods, unsheathed a rapier aimed at the heart of inflation: the enormous supply of money and credit. FRB tightened up its installment curbs, then boldly touched off the financial fight of the year; it challenged the cheap-money policy of the Fair Deal and Treasury Secretary John Snyder. In the showdown, it forced Snyder to retreat from his cheap-money policy and let the interest rates on Government bonds-which affect all other interest rates-start slowly upwards, thus tightening the money and credit supply and choking off spending.While spending dropped, manufacturers poured out goods as fast as ever...