Word: countering
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Dates: during 1970-1979
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...cities is also likely to be reduced. The 95th Congress failed to renew counter cyclical assistance, which provides money for jobs when unemployment in an area reaches 4.5%. The White House will probably ask for a renewal of the program, but with the unemployment trigger pushed up higher, to 6% or 6.5%. The Administration expects to continue to support other parts of its urban program, including the proposed development bank to finance job-intensive projects in cities. But fewer funds will be provided...
...egalitarianism in Tiffany Chairman Walter Hoving, whose often stated political views would make Marie Antoinette's sound like Vanessa Redgrave's. In fact, money talked. In a lopsided swap, Avon offered $45 worth of its stock for each share of Tiffany, which had been hovering at $19 over the counter. Hoving owns 18% of the Tiffany shares, and overnight their value shot from $7.5 million to $18 million...
Your article on big-time farming [Nov. 6] was a refreshing insight into a business that few people regard as such. The amazing bounty that agricultural scientists like Mr. Benedict are able to produce is a tremendous hope to starving people the world over, and the best way to counter our rising import costs...
...annual armed forces day parade. Traditionally, the festivities are an occasion for full-dress reviews and elegant tea parties for officers and their wives. This time, however, it was a day for showing strength and loyalty to Shah Mohammed Reza Pahlavi. Two weeks ago, in a desperate effort to counter rising opposition to his autocratic rule, the Shah formed a military government headed by General Gholam Reza Azhari, chief of staff of the armed forces...
...walked into a drug store in Harvard Square, clutching a pair of broken spectacles. Ignoring the line at the counter, he held up the spectacles and said to the assistant, "I want something that will mend these, stick them back together...