Word: backdown
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Dates: during 1970-1979
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...backdown on forecasts of disaster may embarrass the Administration, which has been using the threat of drastic shortages as the main argument for a bill to decontrol prices of newly drilled natural gas rapidly and permanently. Last week the FPC granted rate increases that by July will raise the price of "old" gas in production before 1973 by 6?, to 29½? per 1,000 cu. ft. "New" gas from recently developed wells is going up 1?, to 52? per 1,000 cu. ft. But the Administration contends that these rises are insufficient to spur production of natural gas, which...
...major reason for the S.L.A.'s backdown on the food issue, however tentative, may well have been the scorn heaped on the original demand by a vast majority of those designated as beneficiaries. Many welfare recipients said that they would refuse to take any food paid for with "blood money." Chavez sent a message to the Hearsts that "my prayers are with you." Leftists from Black Panther Leader Huey Newton to Actress Jane Fonda condemned the S.L.A.'s use of violence as damaging to the radical cause. Some too conveniently forgot the New Left's more-than-occasional condoning...