Word: adjustment
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Dates: during 1970-1979
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Leaders of the resettlement program are confident that eventually sponsors will be found for all the Vietnamese and that they will adjust as well as the Cubans, the Hungarians and other earlier refugee waves. Donald MacDonald, a State Department officer at Fort Chaffee, Ark., claims that there is a waiting list of potential sponsors but that the staffs of the volunteer agencies are too small to handle all the work. Says he: "If we could double those staffs, we could double the number of placements...
Although floating rates have not lived up to expectations, they did help currency values adjust to the shock of quintupled oil prices in 1973 and early 1974. Partly for that reason, there is no agreement that others should now follow France's lead and shift back to fixed rates. Says Treasury Secretary William Simon: "The old system was abandoned | for one simple reason. It didn't work." Clearly, it did not work at all well during the late 1960s and early 1970s, when the industrialized nations I lurched from one chaotic monetary crisis to another. Members...
...blades can be "feathered" (or turned on their axes), by manual control; they will continue to whirl at a steady 40 r.p.m. even as the wind varies. In future NASA models, chip-sized computers developed for spacecraft will monitor the performance of the windmills and automatically command them to adjust to wind changes...
...revival of the new-issue market has spread less cheer on Wall Street than might have been expected, because it comes while brokers and exchanges are struggling to adjust to far-reaching reforms imposed by the Securities and Exchange Commission. The changes aim at forcing more competition among brokers and breaking the dominance of the New York Stock Exchange over the nation's securities trading, in part by totally abolishing the Big Board's ancient system of fixed minimum commissions on stock transactions...
...envelope). By whatever name, bribery and associated tactics-outright payoffs to clerks and customs inspectors, "contributions" to political parties, the hiring of government officials as "consultants" -have long been accepted in many countries as the normal, natural way to get any business done. U.S. companies operating overseas must somehow adjust to that atmosphere. But the biggest scandal in American business right now is that too many seem to have become a part...