Word: cancels
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Richard Nixon has often insisted that jawboning particular industries to hold down prices is not an effective way to fight inflation-but last week he resorted to it anyway. The President opened a campaign to persuade automakers to cancel a proposed price boost on 1973-model cars, even though the increase seems justifiable under the guidelines of the Government's own Price Commission. By week's end he had won a partial victory. General Motors, whose price moves are usually followed by the other automakers, offered to trim its increases by more than a third, to an average...
...Amin declared that "Uganda will not stop functioning without British assistance." Perhaps not, but its economy could virtually come to a halt without the Asians. Amin warned his countrymen last week that there will be grave scarcities of goods and other hardships "while Uganda consolidates its position"-which may cancel out any political benefit he gains by expelling the Asian merchants...
Weiss brought the agreement to the attention of the Summer School Administration, which decided last Wednesday to follow the agreement and cancel the summer series of popular films
...Pompidou told us it was going to be his conference or no conference," said Belgian Foreign Minister Pierre Harmel. Under those conditions, Harmel added, the Belgians would just as soon stay home. "Pompidou is bluffing," said a Dutch Foreign Ministry official. "All right, let's cancel it for the time being." The West Germans, facing the possibility of a general election this fall, are no longer keen about having the summit at the same time. The British, who were initially enthusiastic about the conference, have been disenchanted by Pompidou's maneuvers. Though French officials now say that their...
...GUARANTEED Insurance Loan Program (GILP)--established under Title IV of the Higher Education Act of 1965--was originally intended to induce banks and other private lenders to provide student loans. Under GILP, the Office of Education guarantees loans in full. It will cancel loans in case of death or total disability; provide interest subsidies for low-income students; and pay the lender an interest supplement intended to make student loans as attractive as alternative investments...