Word: braked
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Johnson, superb politician that he is, has taken advantage of almost everything Goldwater has said. Campaigning for re-election as the great peace keeper, he keeps invoking "national security" as a brake on what he can say. But he has not said all he could, and he has indulged in some imprecision himself. He gets across the notion, for instance, that Goldwater is irresponsible and reckless because he has suggested that NATO's supreme commander ought to be given some sort of contingency authority for using tactical nuclear weapons-at a time when General Lemnitzer, under a delegation...
...addition to his anti-inflation arsenal: for the first time in 34 years, France will have a balanced budget in 1965. Moreover, he reported, the stabilization plan had cut the consumer-price-index increase in one year to 2.9% v. the 4.9% rise the year before without any appreciable brake on the economy's overall growth. In the new budget, government credits for badly needed superhighways will increase by 26%, investment in France's antiquated telephone system will go up 11.5% and minimum old-age pensions will be boosted...
...even Los Angeles is toying with the idea. San Francisco, having broken ground for a three-county, $925 million system - the nation's biggest in more than half a century - is testing four systems of computer-controlled train operation proposed by General Electric, Westinghouse Electric, Westinghouse Air Brake and General Signal. With all this going on, industry experts predict that annual sales of all types of transit equipment will soar from today's $100 million to $660 million...
Washington and Wall Street have wondered whether Lyndon Johnson would brake the SEC by picking a less aggressive chairman. Last week, making clear that the SEC will continue on its energetic course, the President selected a chairman who is at least as vigorous as Gary: SEC Careerist Manuel Frederick Cohen, 51. "There is no chance of any soft stuff taking place," said Manny Cohen. "The program we have started will be continued...
...president moved slowly at first, was accused of copycat management because he adopted many innovations of the government-owned Canadian National. But Crump steadily picked up momentum, has become a hard man to brake. He has entirely dieselized the road, shorn off many of its unprofitable branch lines and short-haul passenger trains, aggressively adopted piggybacking and bought the world's largest railroad-owned computer to direct freight and handle accounting. Result: in 1963's expanding economy, after a monotonous downgrade run, C.P.R.'s earnings rose 24% to $40.1 million, the highest since 1957. Canadian Pacific Airlines...