Word: lessening
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Ripples of Disbelief. The Army did nothing to lessen the mystery. The killing was said to have occurred June 20 near the Special Forces headquarters at Nha Trang, 200 miles northeast of Saigon. Rheault was relieved of his command on July 21. Who the victim was, what his connections with the war might have been, who brought the charges - all these facts remained secret. Regular military investigating units professed to have no knowledge of the incident, leading to conjecture that the case involved a secret agency, possibly the CIA. This speculation was supported by the fact that at least three...
...attack that irreparably disillusioned the American public about the war. U.S. commanders still concede the Communists the capability of launching a drive that could easily boost U.S. battle deaths to more than 300 a week. It is precisely for this reason that field commanders have resisted suggestions to lessen pressure on the Communists. Such tactics, they have always argued, would ultimately increase allied casualties...
...official: "Some cutbacks are likely next year." Demand for business loans has begun to taper. The Federal Reserve Board last week announced that loans at major banks declined in July for two weeks, dropping by $262 million to $78.3 billion. One consequence is that interest rates are beginning to lessen, if ever so slightly. A string of three big recent bond issues -Weyerhaeuser, National Cash and Dow Chemical-all sold at successively lower yields, ranging downward from...
...unhappy battlefield of Viet Nam, of course, will prove the chief test of the present Administration. Nixon, the onetime hawk, is determined to disengage. He has begun to lessen the U.S. involvement here and has put pressure on the Saigon government to seek peace. It can be argued that he might have done more-some dramatic move after the inauguration, a cutback in American-initiated ground actions. On balance, however, Nixon has done about as much as could be reasonably expected, considering the political, diplomatic and military perils of the situation. At any rate, he has completely changed the official...
...companion plan for greater exchange-rate flexibility, the "wider band." Under this plan, currencies would be allowed to swing 2% to 3% above or below their official parity. A wider band would give the crawling peg more room in which to crawl, and would lessen the frequency with which central banks have to intervene in world money markets to support or hold down a currency's price...