In the control room, a young intellectual of Chick Morrison’s staff stood ready to cut the broadcast off the air in case of trouble, but he saw no political significance in the speech he was hearing, no element he could construe as dangerous to his masters.
There are no more uses of "construe" in the book.
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Juries can construe evidence to mean something it does not.
The executive branch does not construe the provision as requiring it to share additional information with Congress.