Word: dampers
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Earl G. Latham '30, visiting professor of Government, in a brief talk preceding Williams' address, questioned whether Congress had provided the decisive liberal leadership which was predicted when a large margin of Democrats was elected in 1958. Williams later held that the constant complaint of "inflation" put a damper on everything the Congress sought...
...where some newspapers printed exaggerated accounts of an informal gathering between Orthodox delegates and the Roman Catholic observers in the early stages of the meeting. Bearded Eugene Cardinal Tisserant, secretary of the Sacred Congregation for the Oriental Church, which would be most involved in any reconciliation talks, turned the damper on by describing the meeting at Rhodes as little different from other contacts in past years between Roman Catholic and non-Roman Catholic scholars. He denied that the Vatican was planning a full-dress conference with Orthodox leaders in the next year or two. But he hastened to add: "Certainly...
...decision put a damper on speculation that Thomas S. Gates, Jr., whom President Eisenhower nominated Monday as deputy secretary, had been persuaded to stay in government service so he could step into McElroy's shoes...
...would "bar the pipelines from utilizing the means best calculated to give them the necessary rate flexibility" and "would ultimately hurt the consumer instead of protecting him." Since the FPC usually takes anywhere from six months to two years to make up its mind, the Memphis decision put a damper on the expansion plans of many gas companies; they feared it would take too long to get needed rate increases. In asking the Supreme Court to reaffirm the FPC's longstanding rate-fixing practice, the solicitor general noted that "a substantial portion" of the $283 million in planned pipeline...
...joined the ranks of the worriers. Noting that customer credit had increased by $746 million in the first half of the year, it raised margin requirements (i.e., the minimum cash payment required on stock purchases) from 50% to 70%. While the Fed thought its action would act as a damper on speculation, changes in margins have usually had almost no effect on the market (see chart). After a brief dip last week, the market closed the week at 510.13, only 11 points under the alltime bull market top. Stock Exchange President G. Keith Funston complained that...