Word: steps
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Dates: during 1960-1969
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...other side, the rumbles were not peacelike. Sounding more bellicose than ever, Peking continued attacking the U.S. bombing, stopping just short of promising to send troops to Viet Nam. The Warsaw Pact countries rubber-stamped a resolution condemning the latest U.S. actions as "a new and more dangerous step in the American policy of escalation" and pledging continued aid to North Viet Nam. While obviously suffering under the new American blows (see THE WORLD), Hanoi in its public statements displayed no hint of any less determination than Washington. Ho Chi Minh recently told a visiting Canadian diplomat that...
...Laugh at Distress." Responding to industry and congressional pressures to cool the fight, the Federal Reserve last week took a small step to make it unprofitable for commercial banks to pay high rates for certificates of deposit; it raised the reserves that banks must stash away against large time deposits from 4% to 5%. That only infuriated the board's critics. "An invisible crumb from the rich man's table," fumed Chairman Wright Patman of the House Banking Committee, "a horselaugh at people in distress...
...Step up the Ladder...
...spite of the official optimism, many people were more concerned than elated over our tactical coup. Some felt it was another step up the ladder of escalation in a futile war. Others were worried over headlines indicating that North Korea had pledged support to the Viet Cong and that Great Britain, until now one of our staunchest allies, drew the line at attacks on civilian centers...
...that Red China would send troops unless South Vietnamese and American troops landed in the North. As for U.S. allies, Klein said that Prime Minister Wilson had probably denounced our bombing Hanoi because of internal political pressure from left-wing Labourites. Quester agreed with this interpretation, but went one step further, saying that he thought a number of countries which decry our actions publicly, are quietly quite pleased with U.S. policy in the Far East...