Word: spurs
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Dates: during 1970-1979
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...quite trust Nixon to use a new and flexible authority wisely. Early overseas reaction to the Mills proposals focused on their protectionist rather than their free-trade aspects. Italian executives, for example, warned that if Nixon invoked the protectionist devices contained in the Mills proposals, he would spur foreign retaliation that could touch off a disastrous trade...
Last year an upset in New Haven deprived Harvard of sole possession of second place in the Ivies. This year Harvard will have this memory to spur it on, should the imposing prospect of a last place finish not be enough...
...unleashed by Mao Tse-tung to scrub China clean of prerevolutionary ideas. Instead, the Red Guards nearly wrecked the country, and had to be suppressed by the army. Now Mao is turning to youth again. Apparently the Chairman feels that its energy-if carefully controlled by party cadres-can spur the dragging campaign to rid China of revisionist "poison" spread by Lin Piao, Mao's former heir apparent...
...Washington. Bennett Gellman, staff member of the House Banking and Currency Committee, explains: "There's no 'right' answer. The best policy is to lean toward independent units because they offer more competition. But you need some of the big banks down there, too, as a spur." Says an official of the Federal Reserve: "This problem of big banks and small banks is one we debate day by day in board meetings...
Over the past four years, the magazine has lost an estimated $30 million. Attempts to spur a financial upswing by cutting distribution "a solid demographic, circulation" were frustrated by drops in advertisers and a 170 per cent increase in second class postal rates over the last five years, an official at Time said yesterday...