Word: affectation
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...measures he insists are necessary. Prices rise daily, and last week the peso sank still lower to 129 to the dollar, while the foreign debt climbed to above $4 billion and gold and cash reserves in the treasury dwindled to a meager $170 million. And how does all this affect the run of the people? Said a Buenos Aires housewife with a shrug: "We don't worry any more. We live from...
Says Sherri Finkbine: "It would be the cruelest thing in the world to let my baby be born with only a 50-50 chance of being normal. And I am concerned about our other children. How would it affect them? Some people think that what I want to do is wrong. If it would make them happy, we would be glad to start again next month and try to have a normal baby...
Because of these laws, I left South Africa two years ago. They did not affect me physically, for I am white, but the mental anguish was more than I could stand, since I spent much of my time in police stations trying to locate my African workers who had been ar rested for pass law offenses; the experience made me more frustrated and more aware of the treatment of blacks under apartheid...
...businessmen, among them Chairman Avery C. Adams of Jones & Laughlin Steel Corp., reckoned on increased spending because of the new depreciation allowances. But most companies chose to wait until their accountants calculated just how the new rates would affect them. The prevailing attitude was that of Chairman George S. Dively of Cleveland's Harris-Intertype Corp., who said that even though the reforms "will tend to encourage capital spending, there will be nothing big overnight...
...simultaneously to raise short-term interest rates. The thinking at the Treasury and the Federal Reserve Board goes this way: since the Government's two-year-old policy of easy money has not stimulated much borrowing for business expansion, a slight tightening of short-term rates should not affect capital spending very much-but should help slow the nation's gold outflow by narrowing the spread between interest rates at home and abroad. In pursuit of this new policy the Federal Reserve has lately been reducing the nation's lendable money supply, and the Treasury has been...