Word: stringent
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...Freeman but Willard Cochrane, 48, a professor of agricultural economics on leave from the University of Minnesota. Cochrane was Governor Freeman's agricultural adviser back in Minnesota. When Freeman went to Washington, he took Cochrane along as director of agricultural economics. As Cochrane sees it, price supports make stringent controls inescapable. "We offer the farmers price supports in return for cuts in production." he says. "It's a mutual thing. If they don't want effective controls, that's their prerogative. They can vote them out any time they choose. But it's not fair...
...With loans at work in 24 developing nations, the IMF swings considerable weight from the Nile to the River Plate. Last week the IMF announced that it will grant larger loans to nations whose economies suffer from temporary declines in prices of their exports-and do so with less stringent demands for internal corrective policies. The world's underdeveloped nations welcomed the news, but no one expected the IMF to relax much of its vigilance over national economies. The source of the fund's power is its $15 billion treasury, raised from 83 member nations, each of which...
...friends abroad hardly allayed his headaches at home. Racked by severe inflation, Denmark last year saw its trade deficit dangerously increased to $486 million, while its currency reserves were cut in half. In the last four years, Danish wages have risen 40%, production less than 20%. The stringent new economic program drew anguished cries from employers and the political opposition, but Krag curtly rejected the traditional Danish compromise. Krag's coalition government can undoubtedly squeeze the bill through Parliament by its usual one-vote majority, and the Danes will have to tighten their belts for years of austerity ahead...
...among the five largest U.S. farmers). Their development is zealously checked against "maturity guide charts," unique documents that are considered the company's secret weapon. To ensure a uniform pea, whether it is grown in Wisconsin or Washington, sugar content, size and color must meet the charts' stringent standards...
...average stay in the nation's convention hotels from 4 days to 2½. And most hotelmen are convinced that Federal Tax Chief Mortimer Caplin's crackdown on expense accounts will cut the average hotel bill still more. "If the IRS rules remain as stringent as they are now, it'll murder us roomwise," worries Manager Ed Crowley of Los Angeles' Sheraton-West. "Guests who usually bring their wives or stay an extra day or two themselves just aren't doing it anymore...