Word: firm
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Dates: during 1970-1979
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...week's end, the Administration was cautiously upbeat. "We don't have 50 firm commitments," said Schlesinger, "but we are optimistic." Said Mondale's Senate lobbyist, William Smith: "The momentum is on our side." But the pro-compromise coalition was fragile, and Carter's forces still faced the danger that last-minute lobbying by opponents might turn the tide when the compromise comes up for a vote, probably this week...
...political pressure groups from right and left, dismissed them as rabble-rousers, and was convinced that his lifting Iran economically at a rapid pace would satisfy most of his people. He also thought that he could keep things under control by the traditional method of ruling with a firm, indeed oppressive, hand. It clearly has not worked...
Responding to the popular mood, Smith told his Parliament that he would soon take "positive and firm" measures that would not be popular with the outside world; presumably he meant attacks on guerrilla bases in Zambia and Mozambique. His government also announced that because of the security situation, elections that were supposed to be held by Dec. 31 would have to be postponed for two or three months...
...prime mover was Resorts International, which set off the gambling stock boom by opening the first (and so far only) casino in Atlantic City, N.J., in May. This time, the Florida-based firm's big news was that its boardwalk betting palace had grossed $60 million in its first three months, about triple the revenues of the largest Las Vegas casinos...
...requirements for gambling issues from 50% to 75%-meaning that buyers would have to put up at least $750 for every $1,000 stock purchase. The Big Board said it was acting "to insure the protection of public investors and the maintenance of a fair and orderly market." One firm, A.G. Becker of Chicago, banned all credit on five particularly jittery stocks. These moves depressed the gaming issues, but not for long. Indeed, the gambling-stock rebound last week helped spark a broad market rally. The Dow Jones industrial average rose 28 points, closing...