In its struggle to dam the dollar outflow, the Administration has cut tourists' take-home liquor, curbed bank loans, substituted scrip for soldiers' cash salaries in Viet Nam and even persuaded federal junketeers to stop at U.S.-run hotels abroad. Lately, it has not only leaned hard on investment by U.S. business in foreign plants and companies but has been warning that businessmen will be expected to do still more next year to help the U.S. achieve "equilibrium" in its balance of payments.
A Bone for Banks. This week the White House spelled out the new rules tightening and expanding the Administration's "voluntary" restraints...
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