Word: panels
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...venerable old line. Throwing a switch on a signal box (see cut), he formally opened a new 163-mile, electronically regulated stretch of double track between Cleveland and Buffalo. With the new system, the longest in the U.S., only two men seated before a light-studded control panel at Erie can automatically control all traffic between Cleveland and Buffalo...
Speaking at a Catholic Labor Guild panel, Soloway supported a graduated income tax instead of the proposed three percent sales tax, and asserted the income tax would raise more revenue and distribute the tax burden more equitably than a sales...
...into FRB's present policies but into the whole U.S. financial system, public and private. Members of the American Bankers Association and such experts as Allan Sproul, retired president of the Federal Reserve Bank of New York, have recently called for a study. A month ago an advisory panel of bankers and economists to the Senate Banking Committee backed the idea. Last week Texas Representative Wright Patman introduced a resolution into Congress calling for a sweeping look at the whole credit problem. ∙ The basic question is whether drastic changes should be made in the methods used...
...Instead of a congressional hearing, the advisory panel to the Senate Banking Committee wants an independent, completely nonpartisan National Monetary Commission of twelve to 17 members. About one-third of them would be drawn from Congress, and the rest chosen by the President from all walks of business and finance. Though FRB is not actively pushing for such a study, it would gladly go along with the idea...
...later Djilas was seized in his Belgrade home and sent to the prison Belgraders call Sing Sing. Early one morning last week granite-hard Djilas, flanked by two tall guards, was brought into Belgrade's Circuit Court, an austerely timbered room resembling a southern Baptist Church, where a panel of three judges sat under a large portrait of Tito. Smiling confidently, and nodding to his wife in the public benches, Djilas listened to the prosecutor read the indictment: "Milovan Djilas ... a Montenegrin . . ." Djilas interrupted: "Not a Montenegrin, a Yugoslav." Then the court was cleared and 32 foreign correspondents were...