Word: tighteners
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...federal government will tighten record-keeping on legal manufacture of the drugs, while expanding educational and rehabilitation programs...
...whole is cordoned off from the world by the Andes on one side and the Pacific on the other. Direct action is out, and the U.S. has little indirect leverage to apply. Cut off aid? This year's total, $2,500,000 in loans, would scarcely be missed. Tighten the economic screws? Chile sells little of its copper in the U.S.: 90% of it goes to Japan and Western Europe. In the end, says Sol Linowitz, former U.S. ambassador to the Organization of American States, "the U.S. role in this entirely Chilean affair is to keep hands off-entirely...
...colonial headquarters fended off a flood of transocean phone calls from anxious shareholders in many far-off countries. Emerging from one meeting, Vice President Joseph Jordan delivered a pep talk to worried USIF salesmen. "We are solvent," he said. "If we have to, we'll clear the deck-tighten our belts, cut officers' salaries, drop employees. I get nothing. The shareholders will get paid." That, of course, remains to be seen. Gramco places such generous valuations on its properties that some U.S. real estate men doubt that they could be sold now-except at a loss...
...after the near foundering of Bernard Cornfeld's Investors Overseas Services Ltd., the mess is sure to heighten European misgivings about all U.S.-controlled financial institutions. More important, the bank's closing will doubtless influence the Swiss Senate, which begins debate this week on a bill to tighten the country's banking regulations. "The scandal can only help make the changes in the law more severe," says R.C. Harpham, First National City Bank's vice president in Switzerland...
Although the Crimson would have appreciated a tougher battle from the Lindenhurst team, it did get some idea of the strengths and weaknesses of its new formation. If it can improve its passing and tighten play in the middle, the 1970 season might prove to be a succession of friendly scrimmages...