Word: dampering
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...atomic weapons, but it will cost nothing like as much to produce . . ." Did the knowledge of the new weapons have anything to do with passage of the $5 billion? "Of course," said Subcommittee Chairman Joe O'Mahoney of Wyoming. South Carolina's Burnet Maybank added a slight damper. Appropriations for "the weapons," he said, were "small compared to $5 billion." Most of the money in the $5 billion item was specifically ticketed for direct expansion of U.S. air power-to increase the Navy's air arm as well as to start building the Air Force...
...cities; rings of huge sausages festoon the show windows of butcher shops. Even the sidewalk vendor of frankfurters has reappeared in Frankfurt. West German industrial production stands at 87% of the 1936 level, steel output has soared to nine million tons a year. But the anniversary triumph requires a damper of caution. West Germany is beset by some alarming economic difficulties...
While the Western allies were still congratulating themselves on an important measure of progress toward a democratically ordered Europe, the damper came...
Secretary of the Treasury John Snyder disagreed. At a credit conference in Chicago, Snyder told 1,083 representatives of the American Bankers Association that "business apprehension," which "is getting to be a seasonal affair," had, in effect, already put a damper on overbuying, overborrowing, and overexpansion. There was no need for any additional broad controls against inflation...
...Swollen Stream. Controls authorized by the special session of Congress, to go into effect Sept. 20, would put only a small damper on time-buying. The new regulation on auto purchases, for instance, calls for one-third down, the rest of the payment in 15-18 months. On household appliances, the down payment is only 20%, the rest in 15-18 months...