Word: tighten
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Dates: during 1960-1969
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...risk an economic slowdown by stepping up interest rates. Lately it has issued warnings about that possibility in the hope of talking businessmen out of overbuying, or boosting prices too much. Though the board is usually as secretive and unpredictable as the CIA, broad hints that it may soon tighten money were voiced last week by three insiders-the presidents of the New York and Cleveland Federal Reserve banks and the board's economic advisor, Guy Noyes. Chairman William McChesney Martin Jr. seemed somewhat more sanguine. Said he: "Actually, the price situation is healthy today except for an incipient...
...black sarongs and practice a karate-like form of combat. About 100 of them brought up the rear of a procession as it made its way last week from Singapore's rambling old cricket field through the center of town, when a Chinese traffic cop ordered them to tighten their ranks so as not to obstruct traffic. A few of the Silat knocked him flat, and in an instant the rest of the Malay crowd reminded everyone that amok is a Malay word...
...African unity, was instantly cold-shouldered by most of the delegates, who realize that though federation is a fine hope for the future, it cannot work now. The grand items on the agenda promised the customary condemnation of Africa's remaining white-dominated nations, a pledge to tighten the existing boycott on the Union of South Africa, and plenty of high-flown words on the benefits of pulling together...
...Publishers' Association, which was formed in 1945, now regards a strike against one paper as a strike against all. The publishers hired as negotiator one Robert C. Butz, a man who had earned a reputation as a tough antilabor type. The Detroit publishers also declared their intention "to tighten controls in contracts"-in short, to eliminate union work practices, such as the paid 15-minute washup, that management considered extravagant...
...bankers have taken on too many chancy construction loans. On the other hand, the fact that the bankers have lent out so much reduces the prospect of economic excess. Because the banks have only a small supply of liquid funds, the Federal Reserve now has greater power to tighten up on credit should strong signs of inflation appear...