Word: regulatee
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Last week, as his latest shipment of sheep was okayed by federal inspectors, U.S. sheep raisers called for quotas, higher tariffs, or anything else that would stop the shipments. Said rival California Rancher Clay Broadbent: "Either we stop the Australian sheep-or regulate the flow of them-or it will...
Hooked. The pickings are fat because the U.S. has no national control of education, and sparse state control (only 18 states and the District of Columbia regulate degree giving). In one of 13 states that tolerate "nonprofit" colleges without a charter or license, the typical mill's campus is...
When the New Deal asked Congress to regulate the nation's stock exchanges in 1934, Wall Street and leading industrialists fought the bill with such fervor that Texas Democrat Sam Rayburn called their opposition "the most powerful lobby ever organized against any bill which ever came up in Congress...
Later, Man. The beatniks were wise enough to rest their case heavily on respectable-but not square-lawyer Matthews, angel of the Gas House. Defending his friends (and his investment, such as it is), he argued that the beatniks were really harmless. "The fundamental rule," said he, "is 'Thou...
For a country that likes to think of itself as Europe's citadel of unfettered free enterprise and trade liberalism, West Germany has been acting mighty odd. In the latest of a series of attempts to set prices and regulate trade, roly-poly Economics Minister Ludwig Erhard last week...