Word: controller
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Dates: during 1950-1950
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...Blocked federal aid to medical schools ("danger of federal control"--although many schools need immediate support, and the AMA admits that the country will be short 15,000 doctors...
...matter is the clearly unsatisfactory traffic control at the intersection of Cambridge, Kirkland and Broadway streets (in front of Littauer and Phillips Brooks House). With crowded traffic, crossing that intersection is indeed a terrifying and dangerous experience. While a policeman is stationed there sometimes, he is absent at other times when he is really needed. Perhaps the answer is a pedestrian push-button traffic light or perhaps longer hours for the policeman...
...money to start it, Hecht formed Parents Institute Inc., and got a $325,000 grant from the Laura Spellman Rockefeller Memorial Fund by agreeing to assign control of his company to four universities (Yale, Columbia, Iowa and Minnesota). The odd partnership gave canny Publisher Hecht academic alliances which brought an impressive array of famous educators to Parents' masthead as "advisory editors." It also brought the schools a golden flow of income from Parents and a handful of new magazines. By 1949, when Publisher Hecht finally bought up control of Parents Institute, the colleges had already taken out substantial profits...
...accomplish the cutback, said the builders, is not by direct price, wage and materials controls, but by credit restrictions. In fact, said the builders, inflation in general must be attacked not by direct controls, but by "higher taxes, the control of credit [and by] stopping all unnecessary Government spending...
They quit the J. Arthur Rank Empire two years ago because, says Launder, "the organization was heading for more centralization and more control . . . we were for decentralization." They even give each other plenty of leeway. When one of them gets an idea for a movie, he consults closely with the other, then does the script and direction himself, drawing freely on his partner's advice...