Word: cautioningly
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...system. The buildup in reserves will probably continue. Total bank loans are expected to rise strongly during 1976, if only because economic recovery will stir more demand for credit and the Federal Reserve Board will increase the nation's money supply enough to meet that demand. But caution and quality, rather than hot pursuit of growth opportunities, are the banks' new watchwords...
...caution extends beyond loan policy. Most bank managers have ceased, at least temporarily, their ardent pursuit of the Great God Growth. Expansion in the U.S. and abroad and diversification into other businesses have drastically slowed at almost all banks. As far back as a year ago, A.W. Clausen, head of Bank of America, warned his fellow bankers: "Recent rates of growth can be sustained only at a possible risk of eroding future strength and stability." Now J. Richard Fredericks, a bank analyst in San Francisco, puts it more pithily: "Gogo banking...
...Market; the paper gave less space to Chou's death than it did to a Cabinet shuffle in Ecuador and a Burmese campaign against smuggling. The brevity of the announcements and the absence, at week's end, of official comment indicated that the Russians were proceeding with their customary caution. Like Washington, Moscow presumably expects no immediate shift in China's stance toward the Soviet Union. Still, Moscow knows well that there are those in Peking, especially in the military, who feel that a continued confrontation with the Soviet Union is unproductive and expensive...
...gentleman kept up the display into January. But even after it was taken down and packed away for the next pursuit of the millenium, the traffic signs the police department had thoughtfully placed remained. To avoid accidents caused by gawking motorists, Christians and heathens alike, the yellow diamonds read "Caution Slow Christmas Display Ahead." Perhaps they are there still, stopping cars well in advance of next year...
Even as late as the 19th century, Crichton says, physicians were writing with strength and conviction. Now, however, "voices are passive, modifiers are abstract and qualifying clauses abound. The general tone is one of utmost timidity, going far beyond sensible caution." Crichton finds it all very puzzling. "An eminent surgeon strides purposefully into the operating room each day," he says, "but to read his papers, you wonder how he finds the courage to get out of bed in the morning." Crichton has a theory about the use of obfuscating medical language. In explaining it, however, he unwittingly demonstrates that jargon...