Word: defers
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Dates: during 1970-1979
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...members and community residents have for a long time opposed construction of the Kennedy museum in Cambridge but endorsed the location of the archives here. President Bok, however, steadfastly refused to criticize (or for that matter say anything about) the desirability of the tourist-drawing museum, preferring instead to defer all criticism to the Kennedy Library Corp. If Bok had led a "surgical air strike" on the museum several years ago, before construction costs made splitting the museum from the archives financially impractical, he might have succeeded. By taking a stand, he could have fused the university's interests...
...President imposed the first $1-per-bbl. tariff and planned to raise it by another $2-$1 in March, another $1 in April. Congress swiftly passed a bill temporarily suspending the President's authority to post the increases. Ford vetoed the bill, but struck a compromise: he would defer adding the second dollar until May 1. As that deadline approached last week, it was clear that if the President boosted the tariff, Congress would dust off the vetoed legislation and try to override him. If nothing else the President's delay gives both sides a little more time...
Public Outcry. That could break Chisso. Because of the compensation payments, the company lost $12 million last year. Indeed, it has been able to remain in business only by selling $40 million worth of its $250 million total assets and persuading banks to defer for up to three years interest and amortization payments on $90 million in outstanding loans. To add to Chisso's troubles, another of its plants was partially destroyed by an explosion in 1973. Company officials last year quietly asked the Japanese government's development bank for a low-interest $13 million loan to repair...
...Henry Jackson and Edward Kennedy had sponsored a Senate resolution to postpone the tariff increase for 60 days; in the meantime Congress, if it has the will, would be able to draft its own energy-saving program. In the House, Pennsylvania Democrat William Green offered a similar motion to defer the hike for 90 days, which the House Ways and Means Committee promptly voted, linking the deferral to an increase in the federal debt limit to $531 billion...
...Project Independence has mainly yielded a barrel of complaints about equipment shortages that are delaying new production. Driller George Mitchell, head of a large Houston exploration company, voices a typical wildcatter's lament: "We've got six good prospects offshore Texas that we've had to defer for six to eight months already for lack of equipment." Another independent oilman, A.V. Jones of Albany, Texas, estimates that he could increase his company's new drilling by 50% if he had the necessary material. As it is, he says, "if all the wells...