Flemming backs tighter pollution controls on Potomac
Secretary Flemming outlines stronger enforcement under the Federal Port Control Act and supports shifting federal sewage grant financing to the states. He cites the Potomac as a symbol of national pollution failure and urges rapid action, with continued federal backing if states lag.
MENTIONED IN THIS ARTICLE
Washington
Arthur
Flemming
Joint Action Committee
Potomac
Robert E. McLaughlin
Board of Commissioners of
District of Columbia
Potomac River
Virginia
Maryland
Federal State Joint Action Committee
Water Pollution Control Advisory Board
Eldon
Margin rules prompt debate at United States monetary policy talks
At Ar den House 69 conferees debate whether raising stock buying on credit helps or hinders the Fed's money and credit management. Ralph A. Young cites cash 90 percent and 10 percent credit as a restraint that may dampen demand and curb speculation amid inflation fears.
MENTIONED IN THIS ARTICLE
Harriman
Federal Reserves Board
American ‘Assembly
United ‘States
Arden House
Wall Street
Ralph A. Young
Division of Research and Statistics
Board of Governors
Federal Reserve System
Margin rules drew little stock effect in market report
In a late October 1958 briefing, officials said new margin requirements would curb excessive credit use in stock speculation. Wall Street viewed the move as only marginally affecting prices and cash-based trading, with total broker and bank credit loans to carry securities near 1044 billion by September. Fort Knox course and a Maryland serviceman’s training were noted amid regional items, alongside a Spanish visitor’s death jump from a Paris arch. One fact states Florida produces about a quarter of U.S. watermelons.
MENTIONED IN THIS ARTICLE
Frederick
Maryland
Wall Street
Young
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