Word: quelling
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...Administration failed to quell the uproar by announcing, the day after Stockman's testimony, a change in the rules under which it is offering $650 million in loan guarantees to banks that renew credit to debt-burdened farmers (the previous rules were so unattractive to rural bankers that they have accepted only $25 million in guarantees since the program began last September). Bipartisan groups of legislators, claiming that tens of thousands of farmers face bankruptcy before they can get their crops planted this spring, readied bills to force a vastly greater expansion of loan guarantees. One measure being drafted...
...such design innovations probably would not be enough to quell the aesthetic fears of Harvard Square residents. "There's a place for MacDonalds in society, but they don't have to be everywhere," Gifford said. "It would be a shame to have Harvard Square go the same way as other urban areas and becoming homogenized...
Public health officials sought to quell the growing panic. "The parents were concerned that their children would get some horrible, disfiguring disease," says Dr. Steven Strauss, a virologist at the National Institutes of Health in Bethesda, Md. Strauss went to nearby Pasadena to assure parents, teachers and union officials that their fears were unfounded. Although the herpes viruses can be dangerous for newborns (sometimes causing blindness, mental retardation or even death), they present a relatively minor risk to school-age children. In fact, by age 18, some 80% to 95% of Americans have been exposed to at least...
...arrived in the French Pacific territory last week to be welcomed by an honor guard of French soldiers. But the ceremonial greeting was deceptive. Heavily armed French troops stood guard and were positioned in the nearby bush. Commissioner Edgard Pisani, 66, had been sent from Paris to try to quell the violence that by week's end had left twelve people dead and about a dozen others injured in the island territory 750 miles east of Australia, which was annexed by France in 1853. Pisani's mission is also to find a solution within two months that...
...year. The failure rate rose sharply during the four years following the 1929 stock-market crash, when a total of 9,000 banks closed. With the entire financial system in shambles, President Franklin Roosevelt in March 1933 closed all the nation's banks for four days to quell the panic. Institutions declared sound by federal and state officials were reopened, and Congress began writing new banking laws. The resulting Glass-Steagall Act established the Federal Deposit Insurance Corporation to guarantee the safety of savers' money and banned banks from conducting the lucrative but risky business of underwriting securities...