Word: retrench
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...Italy for medical treatment. While he was away, the heir apparent, Crown Prince Badr, unable to hold the warring Yemeni tribesmen in line, emptied the royal treasury in paying out great sums to keep their allegiance. When the Imam got back last August, he had to retrench. He sent home some 70 Egyptian technicians brought in by his son, stopped the costly flow of rifles to the south. The British Governor of Aden, Sir William Luce, an old adversary of the Imam, astutely decided the time was ripe to pay a visit to the British legation in Yemen...
Sponsor of the festival is the Mormon Young Men's and Young Women's Mutual Improvement Association, which traces its origins back to an admonition that polygamous Brigham Young delivered to his numerous daughters after dinner on the night of Nov. 28, 1869: "Retrench, retrench in your dress, in your tables, in your speech. Retrench in everything that is bad and worthless, and improve in everything that is good and beautiful." The Latter-day Saint Retrenchment Association, sparked that evening, eventually became M.I.A., which now has a worldwide membership of 367,860. Directors of activities contribute their services...
...papers are pinching pennies. Far from retrenching, the Atlanta Newspapers Inc.'s Journal and Constitution are spending more money. Explained Journal-Constitution Executive Editor Gene Patterson: "It was either retrench or increase expenditures and try for a better product that will sell. We thought the latter would be more rewarding...
...Macapagal as his Vice President, argue stability and democratic progress. The Communist Huks are almost extinct. Though the economy could be strong and prosperous, the Philippines are now in the throes of a crisis. Dollar reserves are down 30% since January, and President Garcia has called on Filipinos to "retrench," asked the U.S. for a $100 million loan. Fortnight ago he sharply restricted imports and dollar credits, announced a new austerity program designed to stop the drain on foreign exchange and boost local production...
...militarily it would not save Britain anyway; 3) with the U.S. holding the free world's position in conventional weapons, Britain could safely retrench while it armed for the missile future. "It must be frankly recognized that there is at present no means of providing adequate protection for the people of this country against the consequences of an attack with nuclear weapons," said the White Paper flatly. "The only existing safeguard against major aggression is the power to threaten retaliation with nuclear weapons...