Word: clamp
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Dates: during 1980-1980
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Even if Hawaii can clamp down on crime, the islands will remain helplessly vulnerable to the soaring cost of jet fuel, which is the main cause of the rising air fares. Local officials fear that Hawaii may become a resort only for the very wealthy. Says Paul DeDomenico, president of Hawaiian Holiday Macadamia Nut Co.: "Some people say that tourism in Hawaii depends on the rich. That's wrong. It depends on the middle class...
...watchers believe that the central bank plans to work hard at least through Jan. 20 to rein in the money supply, whose growth is still exceeding Fed Chairman Paul Volcker's targets. Says Investment Analyst Julian Snyder: "For Volcker, the next three months provide a great opportunity to clamp on the monetary brakes with minimum political interference. He can try to wring out in December what could not be wrung...
...most artistic of victories, perhaps, but a victory nonetheless. If the Crimson's opening day triumph over Columbia allowed Harvard to strut its stuff and dominate, this weekend's 14-13 squeaker against the Crusaders gave the gridders a chance to show they can clamp down under pressure...
...surprising that South Korea's military dictatorship has tried to clamp down on democratic forces in an effort to consolidate its grip. Nor is it surprising that the regime refuses to cleave to democratic principles, particularly when the U.S. does nothing more than whimper. It is time, then, for Carter to surprise everyone by sticking to his pledge to support human rights and to decry violators of democratic precepts. Given that South Korea is a "strategic ally" and given the investment the U.S. has sunk there, it is as obvious a place as any to start...
Administration officials now concede that they may have dealt too great a psychological shock to consumers by encouraging the Federal Reserve to clamp controls on credit buying, and businessmen agree. Says James L. Harris, President of the Washington Federal Savings and Loan Association: "People thought using their credit cards was not only illegal, but against the church...