Word: temperedness
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While Americans focused on Phase II of Nixon's economic program last week, other nations remained deeply distressed by the continuing aspects of Phase I-particularly the surcharge of up to 10% on their exports to the U.S. They fear that a trade war could erupt should Treasury Secretary...
JOHN CONNALLY had talked so tough in recent weeks that the world's other Finance Ministers wondered if he would ever stop threatening and start negotiating. Last week he finally tempered his tone and began bargaining. At the long-awaited meeting in Washington of the 118-country International Monetary...
At several points in his speech, Bok also tempered the impression that there isn't anything he doesn't like.
Less Clout. For many of the 3,000,000 U.S. farmers, the pleasure derived from the bumper crop is tempered by a wistful remembrance of things past. Its numbers much diminished by increasing mechanization on ever larger tracts, the farm bloc has lost much of its political clout in Washington...
THE ECONOMY. Confidence among consumers and businessmen continued to rise, but it was tempered with caution and a lingering sense of confusion. The New York Stock Exchange's Dow Jones industrial average leaped to a high of 908.37 during trading last week; it closed at 908.15, up from 880.91...