Word: restraining
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...states to world inflationary trends because it has almost no raw materials of its own and must import those needed by its mighty industries. Prices began to rise sharply in 1972, in part because of the sudden spurt in the global cost of commodities and smartly rising wages. To restrain inflation last year the government reined in the money supply and cut spending to the bone. Then the oil crisis burst on Japan, raising nightmares of economic stagnation. Panicky consumers rushed to buy up everything in sight, wholesalers hoarded goods in jammed warehouses in anticipation of even higher prices...
...long run, all of these are very peaceful points. In the short term, they will not have any influence on the potential threats to my country because none of them are going to restrain the Iraqis...
Although the nation's gasoline shortage seems likely to be eased by the lifting of the Arab oil embargo, the Administration is still actively seeking stand-by authority for mandatory nationwide gasoline rationing. Reason: there is still a need to restrain energy consumption until the flow of Arab oil is fully restored-if indeed it is fully restored. Last week President Nixon asked Congress to enact a bill that would revive many provisions of the Emergency Energy Act that he vetoed the week before because it would have forced a rollback of oil prices. In keeping with Nixon...
...hefty wage boost he granted to the coal miners (up to 30% in some cases) will embolden other workers when their contracts expire this year. This could land Wilson in the same dilemma that led to Heath's recent electoral defeat: a battle with the unions to restrain wage demands in order to hold back inflation...
...Joseph Kenney of the University Police said yesterday that five policemen were able to restrain the flautist only by "surrounding and overwhelming" him, a "standard procedure" for dealing with deranged persons...