Word: staving
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Only a Chinese Communist or Russian army marching to the aid of the Korean comrades could possibly stave off a swift defeat for the Red aggressors. But more & more such intervention seemed unlikely. The time for it would have been a month ago when a relatively minor effort might have pushed U.N. forces into a Dunkirk on their southern beachhead. Now, for a change, not the free world but the enemy had acted too little and too late...
...took the job, Hoffman would not lack for funds. Old Henry Ford and his son Edsel had bequeathed the Ford Foundation 81% of Ford's non-voting stock (estimated worth: $250 million), primarily as a device to stave off inheritance taxes which would have shaken the family's hold on the company. Dollars kept clinking into the foundation's vaults as fast as Ford cars rolled off the assembly lines. So far only $27 million of the conveyor-belt income had been passed out, and the trustees had called in a special committee of scholars to tell...
...down simply by dumping on the market some of its $2.5 billion load of surplus farm products. Said Chicago Board of Trade Executive Vice President J. 0. McClintock: "Since there is really no scarcity, with the government holding all these goods . . . selling surplus is possibly the best way to stave off inflation...
...moderation. This week the party's national executive committee was scheduled to start speedy work on a platform which would offer something to everybody. Among probable planks: a halt in nationalization, continued derationing (see below), lowered food costs, and some thawing of the wage freeze. Labor hoped to stave off another election until next year, but with so uncertain a majority in the House of Commons, the party had to have a good platform in stock...
...deficit of $5.5 billion a year? Last week, glib Leon Keyserling, chairman of the President's Council of Economic Advisers, gave his answer. The Administration's policy of spending more than it earns is no accident, said Keyserling. The Administration planned it that way in order to stave off a recession which "might have turned into something . . . serious...