Word: drastically
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Dates: during 1960-1969
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...violence. Gua temala's right-wing newspaper, El Im-parcial, praised Paul's words on the subject as "particularly opportune" and expressed the hope that they would "contribute to the Latin American people's growing resistance to ideological struggle." The attitude of the upper class to drastic social reform was best reflected in Bogota's leading "liberal" daily, El Tiempo. "What is this 'reform of structure' that the church's reform ers speak so much about?" the newspaper asked. "Is it modifying society so that we shall all be poor...
Forbidden Sales. The shrinking volume gave Wall Street a breather to dig into its massive paperwork pileup. Despite Wednesday trading recesses, which will continue at least for the rest of the month, the problem of undelivered securities and accounting confusion remains so severe that two organizations last week took drastic steps to overcome it. Merrill Lynch, Pierce, Fenner & Smith, the largest U.S. securities firm, imposed a "house rule" forbidding its salesmen to sell over-the-counter stocks for customers unless they first have physical possession of the certificates involved. The National Association of Securities Dealers, a trade group which polices...
Charles C. Tillinghast, president of Trans World Airlines, last week called for industry-wide sessions on the crisis. He suggested shifting rush-hour flights to outlying terminals. More drastic was his proposal to end rush hour itself by changing schedules. By week's end the Civil Aeronautics Board authorized the talks. Airliners soon may be diverted at peak hours from congested airports, and passengers on peak-hour flights may have to pay premium rates. The industry blames the glut partly on private planes, but barring them from major airports would hardly dent the crush. At Kennedy, they make...
...fact that he felt it would be dangerous to undertake any industrial reform in the wake of France's month-long economic paralysis. French businessmen and unionists counted on him to talk some reason into De Gaulle. At present, France is losing funds at such a drastic rate-$300 million to $400 million a week-that its net reserves of some $5 billion in gold and currency will be imperiled within a few months unless the huge outflow of francs is somehow checked...
Following sterling's devaluation in November, the International Monetary Fund arranged a $1.4 billion line of credit for Britain-with the proviso that the money could be used only if Prime Minister Harold Wilson's government took drastic measures to cure the country's chronic balance of payments problem. When Britain was allowed to go ahead and tap that credit last month, it meant that the IMF was reasonably satisfied with the way in which Britain has pulled up its socks, economically speaking. Last week London received still another vote of confidence from international moneymen: central bankers...