Word: loosening
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...Conservatives a third of the congressional seats and a quota of the Supreme Court and diplomatic missions. That has kept them quiet. Now 57, Tacho tells friends that he would like to take things easier, and he may be quite sincere about it. But the problem is how to loosen his grip without inviting an unseemly struggle for power, throwing innumerable relatives out of work and deflating the value of many of his properties. Most observers have concluded that he would try to keep the presidency in the family, turning it over to one of his two sons, Luis...
...confirm that sort of thinking, the Bank of England (followed by the Bank of France) proceeded to loosen up credit by lowering its discount rate, bellwether of all British sterling-area money rates, from...
...effort, the Babe found nothing but traps and trouble. She looked tired, and between shots she sat and rested on a red leather shooting stick. For the first nine holes, it was a poor (for her )45. In trouble, the Babe always relies on a classic remedy: "I just loosen my girdle and let go." After chiding herself good-naturedly-"I've seen shots today I've never seen in my life"-the Babe loosened up, let go and began playing the kind of golf that won her four "world championships" on the Tam O'Shanter course...
...biggest significance was the demonstration that neither Humphrey nor the FRB plans to follow any undeviating course in money policy. If need be, they are as ready to loosen credit to prevent a recession as they are to tighten it to prevent inflation...
Secretary Humphrey, who feels that inflation is still a danger, wants to work credit fat off the economy in a full-employment period when it will not be missed. Then, if a recession threatens, the Treasury and the FRB will be able to loosen up on credit and avert, or at least ease, it. Without such a tightening now, the weapon of credit would be useless and the nation would have foolishly thrown away one of its best weapons to fight a recession...