Word: tightenings
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Gellhorn's solution to the morass into which loyalty and security provisions have plunged the nation's laboratories is a program which would (1) be confined to scientific work which was very closely connected with national defense and (2) put the burden of proof on those measures which would tighten security rules. Such "scandals" as the Fuchs spy case emphasize the need for intensive measures directed against espionage, not heterodoxy. The extensive loyalty investigations and "black-lists" have turned up no spies, Gellhorn asserts, but have dangerously weakened the morale of our scientists and our confidence in free inquiry...
...Tightening Up. Last week FRB, which had been tightening up on credit since last summer, thought the time had come to tighten up some more. Bank loans, which expand credit and to some extent feed the fires of inflation, rose $108 million in the New York City area, to an all-time high of $5.7 billion (topping the previous peak of 1948). There was little doubt that loans around the nation were also...
Meanwhile, FRB got ready to tighten up further on consumer credit. It thought that Regulation W, which had gone into effect three weeks ago, was too mild. Consumer credit in August had climbed to an alltime peak of $20.9 billion, up $614 million from July...
...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...