Word: cautioned
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Dates: during 1950-1959
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...nation's memory. In a new biography, Pulitzer Prizewinner Margaret (Reveille in Washington) Leech thoughtfully recalls a President who was widely loved, sincerely devoted to his country and to the Christian virtues, but who remained even in historic moments (as Author Leech puts it) "the captive of caution and indirection." Her biography gives McKinley his due and his comeuppance too. If he remains as short of color as ever, he will at least be better understood...
...this hypothesis seemed inadequate to explain Peking's increasingly reckless disregard for Indian opinion, Asian good will, or Khrushchev's caution. Red China seemed spoiling for a fight-almost as if determined to convict Nehru's India as pliable and easily frightened, or else compel it to abandon its prestigious posture as the great uncommitted neutralist power in Asia...
With U.S. consumer debt at a new high, a top Government economist last week issued a stern call for credit caution. Raymond J. Saulnier, chairman of the President's economic advisory council, told the nation's bankers not to go "overboard" in increasing consumer installment buying. Said Saulnier at the American Bankers Association's annual convention in Miami: "I hope we do not get involved this year or next in a great splurge of consumer expenditure propelled by credit expansion...
...billion for corporations, takes care of investing $6.5 billion in trust funds. Morgan Guaranty runs pension funds for such big corporations as Johns-Manville, Kennecott Copper, Philip Morris, the New York Times. It runs them well. Alexander's current appraisal of the stock market is one of caution; the bank is now putting only one-third of new money into stocks, compared with its normal...
...ever-cautious ICC warned railroaders that the N. & W.-Virginian decision, which did not involve any opposition from competitors or stockholders, is not a green light for mergers as a way out of financial problems. But it is at least a yellow caution light. Next on ICC's docket is the proposed merger between the Erie and the Delaware, Lackawanna & Western, whose combined loss in 1959's first half is more than $2,000,000. A clear track for this second major combination would revive industrywide merger talks (e.g., between the Pennsylvania and the New York Central...