Word: spurs
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Dates: during 1970-1979
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When Mrs. Ford heard last week that William Conrad, "Cannon" of their favorite TV program, was touring the White House, she ordered, "Bring him up." The spur-of-the-moment invitation left her no time to dress, and so the First Lady was still in her robe as she received "Cannon" for coffee. Ex-Beatle George Harrison, invited for lunch by the Fords' son Jack, 22, says of the new atmosphere: "I feel good vibes about this White House." As he and Billy Preston toured the place, Billy sat down at the eagle-pedestaled piano in the East Room...
...spur more capital spending by making business equipment less expensive to buy, President Ford has asked Congress to lift the investment tax credit across the board to 10%, or an additional 6% for utilities and 3% for other corporations. Yet even if Congress passes the measure, as expected, it is unlikely to quickly offset the combination of factors that are drying up business spending...
...played a major role last year in shifting Japan from a neutral to a pro-Arab stance in the Middle East. His major problem, of course, will be to curb Japan's inflation (at more than 20% annually, it is the worst in the industrial world) and to spur his country's stagnant growth rate...
Passage of the omnibus bill should spur U.S. trade with many nations outside the Communist bloc as well. Ever since key provisions of the 1962 Trade Expansion Act expired seven years ago, the White House has lacked the authority to negotiate tariff changes. The new bill grants the President unprecedented power to raise or lower tariffs and negotiate other trade concessions. Its enactment should vitalize the round of trade-reform bargaining among scores of nations that officially began in Tokyo in September 1973 but that has been marking time until the U.S. Administration got the authority to conclude new agreements...
International Lawyer Samuel Pisar, a longtime advocate of more U.S.-Soviet trade, believes that the U.S. and U.S.S.R. must formulate a set of principles to spur commercial interchanges. Among other things, Pisar believes that the Soviets must agree to announce plans for grain purchases in advance in order to avoid inflationary disruption of world markets. The agreement on the U.S. trade bill has opened opportunities for businesslike relations between the world's most awesome nuclear powers that for the sake of peace, cannot be allowed to go unexploited...