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Word: curtail (lookup in dictionary) (lookup stats)
Dates: during 1960-1960
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Usage:

...nationwide survey by the McGraw-Hill Publishing Co. revealed that business now plans to spend $35.1 billion for new plant and equipment next year. That would be 3% less than this year, but the drop was so small that it stilled economists' fears that business might drastically curtail its spending-and it left a very narrow gap that could easily be bridged if business turns...

Author: /time Magazine | Title: STATE OF BUSINESS: Holding Power | 11/28/1960 | See Source »

...steel is undergoing its own private recession. Last week steel production was scheduled at 66.9% of capacity, the lowest nonstrike rate in 20 months-and the rate is due to drop more. U.S. Steel, biggest U.S. producer, announced that it will close down its plant in Clairton. Pa., and curtail output at its. Edgar Thomson works outside Pittsburgh. Other companies are cutting back production and closing plants, have already laid off an estimated 25,000 to 30,000 steelworkers...

Author: /time Magazine | Title: Business: Recession in Steel | 6/6/1960 | See Source »

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