Word: cautionings
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Nixon's mission, in large measure, is to reassure Asian allies that the U.S. will remain a Pacific power with interest in the future of Asia. However, that concern will be balanced with caution. For President Nixon, the overriding consideration is that there be no more Viet Nams...
...Clark's death, that near-tragedy had a signal effect on Stewart. Off the track, the little (5 ft. 6? in., 148 lbs.) driver is all Scottish charm; he wears Savile Row suits and affects shoulder-length locks. When it comes to his profession, however, he is all caution and conservatism. The Belgian Grand Prix was canceled this year largely because of his argument that the race would be too dangerous on wet roads. He was among the first Grand Prix drivers to use the six-point-contact seatbelt, and he introduced the idea of remote-control fire extinguishers...
...Burlington Industries, are turning a hard eye on expansion plans, especially for 1970. "We'll spend around $275 million this year, as we had figured to do," says Goodyear Chairman Russell DeYoung. "But next year we'll be looking at all our proposed projects with more caution. Possibly outlay will be down." Adds a Firestone official: "Some cutbacks are likely next year." Demand for business loans has begun to taper. The Federal Reserve Board last week announced that loans at major banks declined in July for two weeks, dropping by $262 million to $78.3 billion. One consequence...
...every Negro Christian would agree with this provocative, militant conclusion of Union Theological Seminary's James H. Cone. Today, however, the black churches of the U.S.- which have frequently been accused of excessive caution on civil rights - are rapidly catching up with the secular advocates of Black Power who have created such turmoil in the universities and urban ghettos...
Flat Sales. "I've been looking for this kind of evidence for some time now, but I still want another month before I take out the trumpet and start to blow it," said William Butler, vice president of the Chase Manhattan Bank. His caution was echoed by other business and Government economists. The leading indicators, however, reveal a significant slowdown in construction, commitments for new plant and equipment and general investment activity. Retail sales have flattened in recent months, and the actual volume of sales-discounting inflation-has not risen at all over the past year. The evidence suggests...