Word: stopgaps
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...none of the churches affected are letting actuarial worries curb their activism. Says the Rev. Albert Q. Perry, pastor of the Church of the Mediator: "We can always meet in a barn. But we can't meet anywhere if we haven't got the principles." As a stopgap solution, the Arlington Street congregation has instituted its own fire watch: volunteers from the parish take turns patrolling the church every night...
...tiered price for gold announced Sunday afternoon is commonly admitted to be only a stopgap measure. In order to restore confidence in the dollar, the U.S. has to cool its overheated economy and reduce the payments deficit. There are a number of coolants available. The Federal Reserve can raise the discount rate in order to curb investment demand, which it has done, or it can take steps to check the growth of the money supply or even reduce it. But neither of these methods will be adequate; it has become necessary to sharply reduce the federal budget deficit...
Moribund Measures. Congress did manage to shove through at the last minute a stopgap financing bill to forestall payless paydays for the District of Columbia government and five other agencies that were technically without funds because their appropriations had not been approved. In addition, the Senate Finance Committee cleared a bill to raise social security payments 15% across the board, bringing a little closer to action the benefit increases that the President pledged a year...
...labor, the formula for an imposed settlement sounded suspiciously like compulsory arbitration, though the Administration called it "mediation to finality." Whatever its name, the plan was another in a line of stopgap solutions. As such, it pointed up the need for Johnson to make good on his 18-month-old promise to propose permanent legislation against crippling strikes. For, notwithstanding congressional-and presidential-squeamishness on the subject, the fact is that in some strikes, as the President himself said last week, "the public interest must take precedence over private interests...
...Socialists so far have not been able to get Pagliazzi into the job, but they managed to keep Lolli out. As a stopgap while the parties argued, Longo moved up to board chairman and an aging interim director-general was named; Pagliazzi was made a deputy director-general, along with Lolli, who was running most of the bank's operations. Two weeks ago, Carli quietly informed Lolli that his chances of becoming director-general were nil; to solve the impasse the government will probably name another candidate...