Word: stringent
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Dates: during 1950-1959
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Ever since the disastrous collapse of Samuel Insulls financial empire in 1932, Washington has viewed bank holding companies with suspicion but done little to curb their power. Last week the Senate and the House passed and sent to President Eisenhower a bill that would apply stringent curbs. Directed at the 39 U.S. companies that control two or more banks apiece, the bill would make them get rid of all their nonbanking interests, and would forbid buying new banking properties without approval of the Federal Reserve Board. Primary purpose of the bill is to protect independent banks from the interstate branch...
...real barriers to increases in US-Soviet trade far surpass licensing requirements. The "strategic" classification itself is so stringent as to prohibit exportation of anything Russia seeks to import. In addition to keeping out of the USSR anything helpful to Soviet military potential, export controls also ban commodities which could in any long-run, remote way be useful to Red industrial development. Naturally Russia has little yearning for baby bibs and dentures, so there are declared non-strategic. With supply and demand stubbornly entrenched back to back, US-USSR trade had consequently dwindled to practically nothing. An unencouraging US official...
While all the legal proposals are designed simply to expedite enforcement of the Fourteenth Amendment efficiently and speedily, they are under sharp attack from Southern lawmakers who are wary of any increase in Federal power. On the other side, many Northern liberals feel that the proposals are not stringent enough...
Last week Trustbuster Barnes gave G.M. his bluntest warning to date. Unless G.M. checks its approaching monopoly, said Barnes, the Government may have to take "extreme action," including "some rather stringent legislation." General Motors, suggested Barnes, could best reverse the trend by voluntarily spinning off one or more of its divisions as independent corporations...
...indicated, however, that the bill would apply only to elections, not primary campaigns. Johnson said the proposed bill will provide "stringent" requirements for the reporting of campaign contributions. It will also provide federal tax exemption for up to $100 of individual political contributions. The idea of this is to encourage more people to make comparatively small donations and thus broaden financial participation in election campaigns...