Word: tightening
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...gourmet eminence, S.S. Pierce ran into trouble when supermarkets began stocking rival specialty foods to lure the well-to-do. Sales have stagnated around $35 million a year for a decade, and profits have lately dwindled to the vanishing point. Incoming President Williams hopes to beef up merchandising, tighten up controls on distribution, expand outside New England. All that makes outgoing President Pierce beam. "The market is there," says he, "if we get off our duffs. But we couldn't continue to carry the costs of operating alone...
Toward new Chancellor Kiesinger, Adenauer was more kindly disposed. Kiesinger moved to tighten ties with France and, in Adenauer's view, acted a little more aloof from Washington. These were policies that followed der Alte's own counsel; trust in the wisdom of others was never one of Adenauer's virtues. That the changing nature of Communism in Europe, and of Europe itself, might be outrunning his own concept of Realpolitik did not seem to have occurred to him. But then, it hardly mattered. Adenauer's certainty of purpose at a time when Germany most needed...
What the Johnson Administration wants, the Federal Reserve Board has not always delivered-at least not while the economy was booming. In late 1965, when the President wanted an easy-money policy, the Fed seemed to go out of its way to tighten things up. But ever since business turned sluggish last winter, the President and the Reserve Board have been working in tandem. The Federal Reserve sliced required bank reserves to make money more available. The Administration pushed the reinstatement of the 7% investment credit on corporate capital spending, pumped money into a drooping mortgage market, stepped up highway...
Johnson is more certain than ever that the air war is badly hurting Hanoi and that the best way to get peace talks started is not to relax the pressure but to keep it up. Accordingly, he moved to tighten the screws "another notch or two," as he put it. From bases in Thailand, U.S. F-105s streaked to the big Thai Nguyen steel complex 28 miles north of Hanoi and damaged it severely (see THE WORLD...
...moral mess. Powell, but for his braggodocio, was not different from many of his colleagues. There are many more ethical abuses committed on Capitol Hill than the enumerated sins of Powell. If the House is serious about reforming the behavior of its members, it would do better to tighten up its rules rather than illegally venting its wrath on Adam Clayton Powell...