Word: cancellous
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School Superintendent William Lannon told the council last night that if the funds are not approved, the school department will be forced either to cancel the last nine days of classes or lay off 382 regular and 46 substitute employees...
...last week, they will incur a penalty: they will have to deposit a sum equal to 15% of the additional amount into a special reserve drawing no interest. How to stay within this requirement is entirely up to the lenders. They can refuse to extend additional credit to consumers, cancel the unused portion of existing credit lines, or go ahead and offer more credit, pay the penalty, and pass the cost along to the borrowers. "Secured" loans-those taken out to buy houses, cars, refrigerators and other appliances-will not be affected...
...cease-fire for the transfer of power last fall. Like Carrington, Soames worked without bias, constantly dangling the bloody alternative to order and compromise--the scuttling of the elections and the resumption of war--before the conflicting parties. He censured Mugabe's secretary for unfair electioneering and threatened to cancel the elections in the most unruly districts. He successfully compelled the three major black candidates to adhere closely to fair campaign guidelines and the procedures for military disbandment. His efforts crowned a 15-year British effort to prod white Zimbabweans into accepting the political and moral reality of black rights...
...plot concerns a string of sex murders, and the main setting is Manhattan's unsavory demimonde of sadomasochistic homosexual bars. Last summer, gay activists picketed Cruising's locations, charging that the film would stir anti-gay violence. Two weeks ago, a big theater chain threatened to cancel Cruising 's bookings on the grounds that the film merited an X rather than its official R rating. When the movie opens nationwide this week, more protests may follow. Certainly Cruising will continue to get a bonanza of free publicity...
...flag and anthem, a right denied by the International Olympic Committee when it voted to accept the team from mainland China. On another front, I.O.C. began considering the request from the U.S. Olympic committee, made at the behest of President Carter after the Soviet invasion of Afghanistan, to cancel, postpone or move to another site the Summer Olympics scheduled for Moscow...