Word: tightened
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...quiet, almost icily cool man with a craggy bald head and an elegant drawing-room slouch, Lovett had long since proved to be as effective with a diplomat or a Congressman as he was with a general or an industrialist. In his new job he could be expected to tighten still further the liaison between State and Defense which had already improved perceptibly since the departure of Louis Johnson...
What should the Government do to help check the new inflation? The Federal Reserve Board was for raising interest rates to tighten credit. The other great fiscal arm of the Government, the Treasury, thought that this would be a treacherous stab in the back. As the nation's biggest borrower, it wanted cheap money and easy credit to keep down the cost of interest on the $257 billion national debt...
...orders were bound to force some cutback in civilian production. The word from Washington was that President Truman, in his speech to Congress, would ask for powers to allocate steel, crude rubber, manganese and tin to manufacturers with war orders. And the President also wanted powers to tighten credit (e.g., charge accounts, installment buying, etc.). But industry got assurance that the President would ask only as much power as the emergency requires...
Other things besides stocks were bouncing up. The impact of increased industrial production and Government stockpiling had begun to tighten the supply of metals, driving up the prices of such raw materials as zinc, lead and copper. Despite the great grain surplus, the prices of corn, wheat and other grains also rose because of exports, Government buying and bad weather. As a result, the Dow-Jones index of commodity futures last week rose to the highest level since December 1948. Traders who thought they saw a general rise in prices ahead once more began to talk about buying stocks...
...British immigration officials have already begun to tighten the fence against "undesirables." Typical was the case of one Nikola Martinovic, who flew into London from Switzerland last week, described himself as a political refugee from Tito's Yugoslavia seeking asylum in Britain. When immigration inspectors told him that his visa had expired, he shouted wildly: "I don't want to go back! I will commit suicide if you send me back to Yugoslavia!" After a night under guard, Martinovic was put on a plane bound for Switzerland. Over St. Quentin, France, he opened a door of the plane...