Word: curtailments
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Dates: during 1970-1979
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...price hikes clearly nettled many foreign buyers. The roughly 3,000 Japanese in attendance seemed undaunted, but most American firms were forced to curtail purchases severely, if they made any at all. A U.S. garment buyer, asked to pay $32 each for cashmere sweaters that sold at last November's fair for $9, bristled: "I can get them cheaper in Taiwan." Some exceptions to the nonbuying rule: Sears, Roebuck, Bloomingdale's and Macy's made purchases of furniture, rattan and handicrafts, and West Coast importers Huntington & Rice placed orders for Chefoo white wine, which will retail...
...dual character. As Plato suggests, the physician is a friend to his patient as both a technophile (friend of medicine) and an anthropophile (friend of man). We seek an answer to the contradicitions in the physician's oath: Is the doctor foresworn primarily to prolong life or to curtail suffering? Is he bound primarily to a legal code or his own conscience? Furthermore, the sacred age-old injunctions to confidentiality and non-criticism inside the medical profession are not always the most pragmatic or desirable self-regulations. Is not the exorbitant cost of medical care a contradiction of the physician...
...committee recommended that the trustees abstain from voting on a resolution calling for American Metal to curtail its investments and operations in Namibia, South Africa...
...that step is taken, Administration officials are convinced that the nation can get through the summer suffering nothing worse than localized gasoline shortages and some rise in prices. There is one major hitch: if refineries produce enough gasoline to meet peak demand this summer, they may have to curtail heating-oil output enough to threaten more chillouts next winter...
Apart from the eternal problem of making what by their very nature are high-risk investments, venture capitalists face some other dangers. Rising interest rates are beginning to hurt those who supplement their own capital by borrowing money. Support is growing in Congress for proposals that would curtail the present liberal tax treatment for capital gains-now one of the prime incentives for wealthy investors to form venture capital groups. But as long as cash-strapped entrepreneurs dream of building giant companies, and wealthy investors savor the excitement of backing new ideas, the venture capital industry will be around...