Word: cautiousness
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Dates: during 1960-1969
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...interest-sensitive Eurodollars-U.S. dollars on deposit in foreign banks-poured back into the U.S. last year. If falling U.S. rates reverse that flow, it would deepen the already worrisome U.S. balance of payments deficit, putting further strains on the dollar abroad. Similarly, the British dared only a cautious cut in rates to help stagnating industry lest a bigger step put new pressure on the pound. The Chequers "miniSummit" produced a mere gentleman's agreement, but it recognized as never before the growing interdependence of the economies of the U.S. and Europe, and so of the need...
...Tending." His major surprise-and it was a mild one-was his request for a surcharge of 6% on both corporate and individual income taxes to go into effect July 1 and last for two years, or less if the Viet Nam war ends. Beyond that, the speech was cautious and uncontroversial...
...than in any other two decades before." The Daily Telegraph editorialized that Galbraith's propositions were based on "sleight of mouth." Economist Colin Clark was amazed at Galbraith's "grand and illusory dreams of all-powerful industrial corporations untouched by competition," and suggested that he observe a "cautious unwillingness to extend theory beyond its safe limits...
...weapons in Vietnam, and it is the U.S. which refused to ratify the 1925 Geneva Protocol which deplores the use or even development of such weapons. The Protocol was written by the U.S., signed by the U.S., but not ratified by the Senate. America has nonetheless always had a "cautious respect" for the treaty, according to Meselson...
...much the same manner, the cautious Harvard undergraduate never meets the Administrative Board...