Word: prudently
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Dates: during 1950-1959
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...would be Aug. 14, the vigil of the Feast of the Assumption of the Virgin Mary, and that the service would contain the words from the Martyrology of Usuard†: "As yet the Church has given no decision upon the bodily Assumption of the Blessed Virgin, exercising a prudent reserve as to trivial, or apocryphal legends." St. Anthony, who steadfastly believed that Mary's body had indeed been taken into Heaven after her death, hated to hear these words...
...likable sort and he had a kind of brash courage. He had challenged Taft when better-known and more prudent men had declined to take the chance. And in some respects, he was not altogether to be sneezed at. He had held the auditor's office for 14 years; in 1948, when Harry Truman was winning Ohio by a scant 7,107 votes, Joe Ferguson won re-election by 291,887-the biggest majority a Democrat ever got in the state...
...Hopes. In issuing the new regulations, Gómez Morales and The Boys hoped to increase Argentine exports by cheapening them in terms of foreign exchange. They also hoped to lure back to Argentina, in the form of imports, some of the estimated $200 to $300 million which prudent Argentines have salted away abroad. In this way a stockpile would be built up in case of a new world war, which the Muchachos complacently expect. To attract more foreign capital investment into the country, restrictions were eased on the transfer of foreign companies' profits abroad, blocked for the past...
Manhattan's prudent bankers last week started work on a plan to preserve their records in the event of an atom bomb attack. They set up two committees to study the possibility of protecting account ledgers and other records by microfilming them each day, storing the film safely outside the city. With duplicate records intact, banks could thus move their offices to outlying areas, keep in touch with each other through a new clearinghouse, which would also be located outside the city. No plans have yet been made to remove the billions of dollars in securities, notes and valuables...
...trusts in New York State will also be able to invest in common stocks, the first time the state regulations have permitted them such leeway. They will be allowed by law to invest "up to 35% of their funds (an estimated $1 billion) in such common stocks as a "prudent man" would buy. The effect of all this safety-deposit buying would be to cut down the available supply of stock and consequently drive up prices...