Word: counteractivity
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Through the week there was no violence and there were no anti-Dutch incidents. In Djakarta Dutchmen lolled in rattan chairs on their verandas, purposefully ignoring the sump-oil insults smeared on their house walls a fortnight ago. To counteract charges that the Dutch were being physically hustled out of Java, the government refused to allow foreign airlines to lay on special planes, made clear that the ejection of the Dutch would be gradual and proper...
...York Federal Reserve Bank was a little more helpful. He hinted broadly that "other actions are on the fire." Two days later it became apparent what some of those actions are. The Fed, which has kept heavy pressure on member banks, eased the pressure. It did not counteract an increase in the "float," i.e., uncollected checks in transit between commercial banks, for which bankers get an automatic Fed credit. This was used by mem ber banks to cut their debt to the Fed by $158 million and made possible further borrowings from the Fed, thus could give banks more cash...
With the same energy, Bovet threw himself into work on a new problem. "I was fascinated," he says, "by the fact that in nature, in the human body, no product existed to counteract the excessive effects of histamine." These effects are allergic reactions such as hay fever and hives. From 1937 to 1941 Bovet did 3,000 experiments, worked out the chemical formulas on which are based most of the infinite variety of antihistamines now widely prescribed...
...counteract the CCA-inspired referendum, the Mayor, through the efforts of State Senator Francis X. McCann, has managed to put an anti-proportional representation referendum on the ballot. By getting a "yes" vote on this question, the Mayor hopes to win the school appointments referendum at the same time. The CCA, relying as it does on proportional representation to elect its candidates, hopes to turn its "no" votes on the school question into a defeat of the anti-PR referendum...
...King in New York impressed most critics as being less a labor of love than one of hate. To counteract this general impression, Chaplin told a Foreign Press Association luncheon in London: "I love America even now . . . I made the film for laughter." Unfortunately, Chaplin seems to have forgotten that the most unhumorous thing a humorist can do is to lose his sense of humor...