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...even the chairman of the Federal Reserve Board," said he. As for Fowler's imputation that the board failed to mesh its policies with those of the White House, Martin disclosed that he had tried from September 1965 on -three months before the board finally acted to tighten money-to persuade the Administration to go along. After that, according to secret minutes also disclosed last week, the Reserve Board on eight separate occasions between July 15 and Sept. 2 last year rejected requests from Federal Reserve Banks to lift the discount rate from its present...

Author: /time Magazine | Title: The Economy: With Statistics That Are Steadier than the Arguments | 2/17/1967 | See Source »

Swanger accepted the government's $5000 increase by telephone yesterday, but he said the Harvard program will have to "tighten its belt," More books will have to be shared, fewer trips will be taken--a proposed summer excursion to Montreal has already been cancelled--and the students may undertake fund-raising operations like talent shows and dances...

Author: NO WRITER ATTRIBUTED | Title: Federal Office Rejects Upward Bound Request | 2/7/1967 | See Source »

Such clashes would severely test all the remarkable devices Mao and Defense Minister Lin Piao have developed in the last seven years to tighten their political grip on the military. Since Lin became Defense Minister in 1959 he has tried to turn the PLA into a "Great School" of Maoist thought. He and Mao disapproved of the 1950's soldier, whose mind was directed toward tactics more than politics. The two of them could, with more justification than the Pentagon, use as their slogan for the 1960's: "Join the NEW Army." It is possible, from the scattered evidence...

Author: By T. JAY Mathews, | Title: China's 'New' Army Eyes Growing Crisis | 2/1/1967 | See Source »

...usually fires the patriotism of a beleaguered citizenry. In the case of Cuba, the U.S. embargo supplied Castro with the perfect excuse to explain to the Cuban people the failures of his revolution. The U.N. boycott of Franco Spain, which lasted from 1945 until 1950, led Spaniards to tighten their belts and close ranks behind him. Like the members of a quarreling family, they simply would not tolerate outside meddling in their own affairs. There is every indication that Rhodesia's embattled whites feel the same...

Author: /time Magazine | Title: World: SANCTIONS: THE HOLLOW WEAPON | 12/23/1966 | See Source »

...major accomplishment of the Free Speech Movement two years ago -- had by last spring become effectively dominated by its faculty majority, and still the administration felt free to ignore it. Instances of attempted intimidation of students -- usually threatened suspension -- have been frequent. Generally the administration has moved to tighten the reins on its opponents when a means has been available...

Author: NO WRITER ATTRIBUTED | Title: The Berkeley Strike | 12/6/1966 | See Source »

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