Word: loosening
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...substitute voluntary wage-price guidelines. He would, however, give the White House direct authority to order rollbacks of increases that flagrantly exceeded those standards. What changes Nixon might make in present controls is not at all clear. Administration officials hope that as inflation calms down they can progressively loosen the reins and make more exemptions. They expect the program ultimately to fade away-but how soon, no one will even guess...
...Yugoslav leaders feel able to start what might be called Phase II of their "Economic Action Program," designed to loosen controls and stimulate growth while holding inflation to 5%. In a few months, Finance Secretary Jan-ko Smole will supervise decentralized units of management, labor and government representatives that will set wage rates in each enterprise by a kind of collective bargaining within broad limits imposed by the state. The government is also trying to spur corporate expansion by increasing the proportion of foreign-currency earnings that companies may keep for reinvestment rather than handing over to the central bank...
...World War I, administering it in recent years as a United Nations trustee. The two territories, which together constitute the eastern half of New Guinea island (the rest is the Indonesian province of West Irian), were given a joint name and administration in 1949. Under U.N. pressure to loosen its paternalistic hold, Canberra has granted progressively greater powers to a local assembly and promised self-government whenever the majority of Papua New Guineans wanted it, giving them the chance to participate in general elections, which wound up this month...
...among voters. But his charisma is beginning to stir up excitement. A good horse, as the pols say, even if a dark one. He is every advance man's dream candidate-sensitive to the shifts in place and mood. He knows when to roll up his shirtsleeves and loosen his tie and when to button up again. Aside from Wallace, he is drawing the biggest crowds in Florida, but . whether they turn out to gawk at him as a celebrity or as a presidential candidate is a matter of debate...
...times, however, Chou's Mandarin sense of decorum would assert itself. During cocktails at Emerson's house one evening, some of the Americans began to loosen up, and the call went out for more liquor to replenish Emerson's dwindling stock...