Word: prudent
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...Paul Cabot Sr., the former treasurer of Harvard has bequeathed to the University Endowment Fund a significant amount of capital. It is my understanding that after twenty-five years a portion is returned to his heirs. Therefore, I am interested in seeing that the Endowment be utilized in a prudent manner and that the University maintain a credible image with the people of Boston. Based on a recent editorial by Will McDonough of the Boston Globe, I am of the opinion that your decision is not in the best interests of either myself, the University, or the community...
...delay in naming a new President could have been a sign that a Kremlin power struggle was still in progress, but the prevailing view in Moscow was that after moving so smoothly to take control of the party, Andropov thought it more prudent to hold back from assuming the post that Brezhnev himself had waited 13 years to take. Indeed, caution seemed to be the watchword for the Soviets' new leader. Andropov had been expected to put his own stamp on the party hierarchy almost immediately, but he made only two important appointments last week. In his first major...
...national media have eagerly fed upon this reputation, providing Helms with the awed coverage that inflates a politician's ego and image. But the fearsome scion of the New Right has actually proved a far less effective legislator than is commonly assumed. More prudent colleagues from both sides of the aisles have so far blocked his crusade to mold the constitution to his vision of a God-fearing country. His initiative on prayer and abortion have faltered, and the sweeping anti-busing bill he pushed through the Senate has not received a friendly welcome in the House...
...lure still more money. About 130 rich investors put $18 million into a tax-shelter partnership formed by the Wall Street securities firm of Oppenheimer & Co. to finance research and development on the new car. One businessman familiar with that deal says that even in retrospect, the investment looks prudent. "There was about $107 million in before the partnership was signed. This would have satisfied anybody...
What both sides should realize is that the issue of nuclear holdings is complex indeed, and that only thoughtful debate can lead to a policy that is at once prudent and ethical. Consider the following ways in which the nuclear issue differs from the South Africa...