Word: cutback
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...Japan, which has almost no oil of its own, the fuel crisis is waning also as imports increase. The Tokyo government, which had decreed a 15% reduction in fuel supplies to industry, last week ordered the cutback eased to 10% starting March...
Many businessmen do not doubt that the energy shortage is real and acute. Officials of Consolidated Edison put the New York City area on a round-the-clock 5% voltage cutback because the company had only a 9½-day stock of fuel left; that supply was dwindling steadily, and late last week FEO officials agreed to help Con Ed increase its reserves to a twelve-day supply. Airlines were also running short of fuel. Figuring that conventional sources of energy will remain scarce and costly, executives of RCA announced in Manhattan a major investment in solar energy. Next year...
...History may seem insignificant. The attitudes towards educational priorities that are reflected in this choice, however, are not insignificant. Even though faced with a very grim financial picture, the University's first slice of the axe should not be off teachers' budgets. Budget priorities that allow for a cutback in teaching staff at the same time as a projected increase in the size of undergraduate classes are irresponsible...
...This cutback in teachers would be acceptable only if it were definitely a last resort. And this could only be ascertained if the University did as graduate students have been asking for several years now, and opened up its books to public scrutiny. The university has recently found money for such necessities as flower boxes for the Yard, the refurbishment of Robinson Hall and seemingly innumerable glasses of sherry for seemingly innumerable gatherings. Harvard's earmaking of funds for special purposes, not a real shortage, is apparently the problem...
Wallace T. MacCaffrey, chairman of the History Department, said yesterday the cutback would probably mean a loss of two or three teaching fellow positions. He also said that the department next year will replace only two of the four assistant professors who will have left by the end of this year...