Word: wield
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Dates: during 1960-1969
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...fear that the Government would meddie in every labor settlement, clamp down on every price rise, and thus discourage all businessmen from undertaking any expansion or modernization. Said Chase Manhattan Bank President David Rockefeller: "The steel episode demonstrated the tremendous economic power that the executive branch of Government now wields, and that it is prepared to wield it hard and fast. It seemed to imply that the price structure was going to be shaped not by the laws of supply and demand, but by the Government's feelings.'' (Asked last week on his hour-long television interview whether...
...size, shape and timing of tax cuts. Some members of Congress have already reacted to the prospect of such cuts with the wariness of a man who receives through the mail an unexpected package that emits a ticking sound. And among the wariest are the two congressional veterans who wield the most power over tax legislation: Virginia's Harry Byrd. 75, chairman of the Senate Finance Committee, and Arkansas' Wilbur Mills, 53. chairman of the House Ways and Means Committee. Democrats Byrd and Mills are conservatives predisposed in favor of tax reduction; but they have deep doubts about...
...order is aimed mostly at builders, developers, bankers, state and local officials. No fines or prison terms are provided for noncompliance, but the order arms federal officials with sharp-bladed threats to wield: for builders, refusal of FHA and Veterans Administration financing for their projects; for banks, loss of FHA and VA mortgage business; for states and municipalities, loss of federal grants and loans for slum clearance and urban renewal...
Race strategy was handled far too often at the beginning by the head of the Australian syndicate, Sir Frank Parker. Only after the debacle of the first race was Sturrock allowed to wield complete control...
Rockefeller is one of that little group of men who sit at the financial hub of the world's wealthiest nation and by their nods give the stop or go sign to enterprises from Bonn to Bangkok. They wield vast powers?and yet must correctly size up situations around the world and reckon on economic and social changes bigger than their own power to control. They cannot sit still or their strength diminishes; but when they move, they must be nimble as well as sure...