Word: toughs
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Dates: during 1960-1969
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...continuing investigations, Addonizio-and Newark-is in trouble. Federal authorities have left to State Attorney General Arthur Sills the decision of whether to enforce a New Jersey law providing for the removal from office of public officials who refuse to waive immunity before a grand jury. Addonizio faces tough opposition if he decides to seek re-election in May. While the city's blacks are politically divided, Addonizio has a determined challenger on the right. City Councilman Anthony Imperiale, an Independent whose anti-black stand has won him wide support from Newark's white lower middle class...
...major fault: wherever it is used in large numbers, its internal-combustion engine contributes mightily to air pollution problems. As a result, automakers have already been sued on various grounds for degrading the environment. Moreover, they will have to move with unaccustomed speed to meet the minimum requirements of tough federal laws that go into effect in 1971. Instead of merely waiting for the next anti-pollution blow to fall, however, Henry Ford II has a better idea...
...board is split by a rare public debate over whether, when and by how much to expand the money supply. Last week Vice Chairman James L. Robertson called for "tighter and more painful controls" to eradicate the nation's "inflation psychosis." Such tough talk reflects a serious worry that is still shared by the majority of the board's members. They fear that even the slightest move toward easier money or lower interest rates would be misinterpreted by businessmen as a signal to get set for another jolt of inflation. In the minority at present, Board Members Sherman...
...road to recovery from runaway prices." Paul McCracken's original year-end deadline for arresting the price trend faded quietly into oblivion. "We underestimated the inflationary expectations," says Under Secretary of the Treasury Charls Walker. "They were deeply ingrained. We didn't expect that it would be so tough...
...Ford) have already curtailed production a bit, and some retail merchants figure that they will have to hustle to maintain their sales volume. "The consumer is beginning to stiffen up," says Ralph Lazarus, chairman of front-ranking Federated Department Stores. "We expect that after Christmas he will become a tough buyer, more value-conscious than in a long time...