Word: cautions
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...manage U.S. monetary policy recognized the need for caution last December. Then, after the Federal Reserve Board boosted the discount rate, Chairman William McChesney Martin got only growls from the White House. Today, even the liberal minority on the board that opposed Martin concedes that he made the right move-though many businessmen are now worried that money has become too tight. Last week Manhattan's Morgan Guaranty Trust Co. led the way to a further tightening of credit by raising the "prime rate"-the interest charged on loans to the bank's biggest and most reliable customers...
Optimism & Caution. Neither Fairbank nor Columbia Political Scientist A. Doak Barnett would accept the Fulbright line that the war in Viet Nam would lead to full-scale hostilities with China, with the proviso-which the Administration has repeatedly endorsed-that the U.S. does not intend to destroy what the Chinese consider a buffer regime in North Viet Nam. Both, however, cautioned against bombing Hanoi or Haiphong. Indeed, Administration experts whose policies embody the same reservations advanced by Fairbank and Barnett, expressed mystification last week at Fulbright's recent assertion that "certain China experts in our Government think the Chinese...
...final note of caution: each article is written by a CRIMSON writer living in the House. Despite a certain attempt at objectivity, the articles represent the personal impressions of the writer...
...ousted last month, China's sphere of international influence has seriously diminished. As Peking's fond hopes of impending victory in Viet Nam have gone glimmering, China's principal party organ, People's Daily (Jen Min Jih Pao) has had to inject more and more caution about the "upheavals" and "reversals" facing the Communists. "Like a seagull flying in a rainstorm," the paper exhorted last week, "Marxists dare to face boldly the turbulence in the current world...
...recent months, Gamal Abdel Nasser has been the very model of sweet reasonableness. He has counseled caution in Arab threats of war against Israel, taken steps to end the war in Yemen and toned down his blasts at the U.S. Perhaps the strain of moderation was too great, for last week he was back at his old propaganda stand, happily blasting everyone in sight...