Word: dampener
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Dates: during 1970-1979
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Harvard's strong freshman teams journeyed to New Haven yesterday hoping to end their seasons on a bright note against Yale in a prelude to The Game. Unfortunately, the Elis and a continual downpour conspired to dampen their spirits, as the football team lost, 10-3, and the soccer squad bowed, 3-1, to Yale's JV team...
...Economists, foresees an increase "perhaps to 8½% by year's end." Meanwhile, Chase Econometrics, a subsidiary of the Chase Manhattan Bank, believes short-term rates could go another one to 1¼ percentage points higher. If the cost of money does indeed reach that level, it could dampen consumer and corporate spending, pinch off the fragile turn-around in housing and-at the very least-slow the economic recovery...
...White House and the Democratic congressional majorities differ deeply not just on details but in their philosophical approach to the problem of holding down imports and making the U.S. less dependent on foreign crude. The President would like to rely almost exclusively on higher prices and taxes to dampen demand for oil and encourage production of more domestic petroleum. Generally, the Democrats favor reducing fuel consumption by conservation measures and some form of Government allocation. But the Democrats are so deeply divided on the best mix of measures that their progress toward drafting any energy legislation has been tortuously slow...
...Cornell baseball team came up with two runs in the eighth inning to overcome the Crimson by a 4-2 margin yesterday at Ithaca and further dampen Harvard's chances to defend the Eastern Intercollegiate Baseball League title...
...sale was at least a partial success for the Treasury. The gold, worth only $32 million at the $42.22 per oz. "official" price (used between governments), went for $124,841,256 in the auction-a tidy 300% profit. More important, as Washington had intended, the sale helped to dampen further the hopes of speculators that great numbers of Americans would rush to trade dollars for the yellow metal after it became legal for them to own bullion on Dec. 31. Bullion bulls in Europe and the Middle East were only temporarily distressed by the American disinterest, however. In a show...