Word: affectation
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Board) to set ceilings for a year on interest rates paid to depositors by banks and by savings and loan associations. The limit of 5% on bank certificates of deposits of under $100,000 obviously will affect individuals more than corporations. It will force several hundred banks that have been paying up to 51% to roll back interest rates on new deposits. Mutual savings banks will be held to 5% on all deposits. In most cases, savings and loan associations will be limited to 4¾% on passbook savings accounts. S & Ls in California, Nevada and Alaska, which have suffered...
...decision will affect only undergraduate Houses and dorms. Tutors and graduate students are served by a separate maid service...
Lyndon Johnson's anti-inflation package unveiled last week (see THE NATION) received a mixed reaction among the businessmen whom it will immediately affect. Most were relieved that the President had finally taken some kind of action to cool the economy. But they also felt that, in an election year, industry had been singled out to bear the main burden imposed by Johnson's request for a suspension of the 7% investment tax credit...
...Modest Milestone" [Aug. 19] notes Senator Dirksen's opposition to the fair-housing bill and the concern that civil rights legislation may affect the right to sell property to whomever one chooses. Let me put this "right" in focus in the light of my experience, which convinces me that federal laws have become as necessary to protect free trade in property as to protect free suffrage in Mississippi and Alabama...
...scene. His city had attracted national attention with the Watts riots, and a second McCone report last month drew attention once more to the needs of the Negro there. Yorty, who disdains reading from prepared texts, appeared with an assortment of somewhat disorganized exhibits that seemed to affect the committee much as a red flag affects a bull. And, not least, Bobby Kennedy and Abe Ribicoff, who as Governor of Connecticut had been among the first to support Jack Kennedy's presidential bid, saw before them a maverick Democrat who supported Richard Nixon in 1960 and wrote a pamphlet...