Word: tighteners
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...recent vast growth of this debt has led to new concern by Government and economists about just how far it can go without danger. The Government has threatened to tighten credit immediately if there are signs that it is getting out of hand, and Joseph W. Barr, chairman of the Federal Deposit Insurance Corp., has suggested that Congress next year undertake a thorough examination of the whole credit situation. Such an examination might prove enlightening, but few businessmen and bankers, who are mostly the ones who grant the credit, feel that it is necessary. So long as incomes and employment...
...risk an economic slowdown by stepping up interest rates. Lately it has issued warnings about that possibility in the hope of talking businessmen out of overbuying, or boosting prices too much. Though the board is usually as secretive and unpredictable as the CIA, broad hints that it may soon tighten money were voiced last week by three insiders-the presidents of the New York and Cleveland Federal Reserve banks and the board's economic advisor, Guy Noyes. Chairman William McChesney Martin Jr. seemed somewhat more sanguine. Said he: "Actually, the price situation is healthy today except for an incipient...
...black sarongs and practice a karate-like form of combat. About 100 of them brought up the rear of a procession as it made its way last week from Singapore's rambling old cricket field through the center of town, when a Chinese traffic cop ordered them to tighten their ranks so as not to obstruct traffic. A few of the Silat knocked him flat, and in an instant the rest of the Malay crowd reminded everyone that amok is a Malay word...
...African unity, was instantly cold-shouldered by most of the delegates, who realize that though federation is a fine hope for the future, it cannot work now. The grand items on the agenda promised the customary condemnation of Africa's remaining white-dominated nations, a pledge to tighten the existing boycott on the Union of South Africa, and plenty of high-flown words on the benefits of pulling together...
...Publishers' Association, which was formed in 1945, now regards a strike against one paper as a strike against all. The publishers hired as negotiator one Robert C. Butz, a man who had earned a reputation as a tough antilabor type. The Detroit publishers also declared their intention "to tighten controls in contracts"-in short, to eliminate union work practices, such as the paid 15-minute washup, that management considered extravagant...