Character and Candor Requirements for FCC Licensees

The Communications Act explicitly makes the applicant\u27s character an element in licensing. Applications must set forth such facts as the Commission by regulation may prescribe as to the citizenship, character, and financial, technical, and other qualifications of the applicant to operate the station. Even in the absence of such guidance, the Commission could scarcely ignore evidence of bad character in making its ultimate determination whether a grant will serve the public convenience, interest, or necessity. The Act mentions the related problem of misrepresentation only in connection with the Commission\u27s power to revoke licenses. Misrepresentation, or lack of candor, may, nevertheless, be treated as a defect of character, or as an independent ground for finding that public interest does not call for licensing someone who deceives the licensing authority. There is, it will appear, not much question about the Commission\u27s power to demand high standards of truthfulness and candor as well as of character. There is also little doubt that, at least for the last decade, the Commission has set high standards. The questions that merit attention are rather these: 1) In what circumstances is the power exercised? 2) Is it abused, either by the Commission or by parties who bring before the Commission unwarranted charges of bad character or of deception? 3) If there are abuses, how can they be checked? It may be said at the outset, without trying to prefigure any recommendations in conclusion, that there appear to be two forms of excessive concern with character and candor. The first is a tendency of parties, in hard-fought comparative proceedings, to dredge up remote and far-fetched charges of any conceivable kind of wrongdoing. The second, in which the Commission has taken the lead, is to make questionable inquiries about radical or subversive political associations. Examples of these practices will emerge from the discussion that follows

RURAL COMMUNITIES IN AN INDUSTRIALIZED AGRICULTURE

Community/Rural/Urban Development,

Dye laser remote sensing of marine plankton

Dye laser, emitting four wavelengths sequentially in time, has been incorporated into helicopter-borne lidar flight package, for performing studies of laser-induced fluorescence of chlorophyll A in algae. Data obtained by multicolor lidar technique can provide water-resource management with rapid-access wide-area coverage of the impact of various environmental factors for any body of water

Inside Information and Public News: R-Squared and Beyond

This paper finds that the majority of stock price movements remain unexplained after controlling for both public and private information. This suggests that economists’ inability to explain asset price movements is the result of either noise or naive asset pricing models.asset pricing; news; private information

Sources of Funds and Quality Effects in Higher Education

Economists have suggested that the quality of higher education is not independent of the sources of funds used to fund that education. This paper examines the relationship between student measures of teaching quality and institutional revenue sources. The results indicate that a greater reliance on private subsides is associated with higher measures of teacher quality. A greater reliance on public subsidies, however, leads to lower teacher quality ratings. The importance of these results for shaping public policy decisions is also discussed.higher education; educational finance

The circumferentially notched cylindrical bar as a fracture toughness test specimen

A brief review is given of the application of the notched cylinder as a screening specimen for use in sorting materials in respect to their relative levels of plane strain fracture toughness and a discussion of fracture mechanics applications including Irwin's important contributions in this area. In addition, practical problems encountered in application of this specimen will be presented

Geological evaluation of radar imagery - San Andreas fault zone from Stevens Creek, Santa Clara County to Mussel Rock, San Mateo County, California

Geologic interpretation of side-looking radar imagery using aerial photographs of Californi