Word: sanctions
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Dates: during 1970-1979
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Monetary Policy. The I.M.F. has twice played an important role with respect to the Vietnamese exchange rate. While it has lent its sanction to necessary devaluations, it has not sponsored the idea of exchange flexibility, which is essential so long as inflation remains endemic in Vietnam. It must be admitted that the fund's influence, so far, has not been entirely beneficial...
...Society reigned supreme, the Clubs were a way of life. They could be the source of a wife (Boston belles and their mothers have traditionally chased Porcellian men), a job (that you were offered by the Morgan partner sitting on your left at a Porcellian dinner), and divine sanction (Bishop Lawrence, for years the religious arbiter of Boston Society, was a Porcellian man). Failure to make a club was often more than a slight blow to the ego. One disconsolate father, after consulting with his friends about his son's failure to make a club, said: "After two months...
...isolationism v. internationalism. At issue is a desire to put space and time limitations on the fighting in Indochina, to strike a new balance between the President and Congress in committing military forces to combat abroad, and to avoid further proliferation of U.S. commitments round the globe without congressional sanction. There is also a feeling that the nation's values should be re-examined so that more money will be spent on domestic priorities and less on extravagant weapons systems that may prove to be redundant, provocative or both...
...wedding service literally. The Anglican stand against divorce cost the Duke of Windsor his throne and Princess Margaret her first love. Peter Townsend. The same rule holds for the Episcopal Church in the U.S., and the late Bishop James A. Pike quit the church because it refused to sanction his third marriage...
...office. So far, the response in local elections has been poor because Hungarians, not unreasonably, feel uneasy about running against party candidates. Nonetheless, a better turnout is expected in next month's parliamentary elections. Kádár is by no means prepared to sanction the birth of a political opposition, but he does want to create a broader base for consultation within the framework of Communist rule...