Word: absorbing
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...other hand, their needs create work. The country's setbacks hit them first. At Bonegilla, a wartime camp of wooden huts, where immigrants are instructed in the English language and Australian customs, 2,300 Italians threatened to burn down the camp if not given work. Time to Absorb. Reluctantly, Immigration Minister Harold Holt flew off to Europe to ask governments there to cut their immigration quotas. Next year Australia will accept only 80,000 immigrants, about half the average intake of the last four years. Said Holt: "The time has come to absorb our gains...
...steel prices had been boosted without a strike, many a manufacturer with lagging sales would have been forced to absorb the raise. But with inventories cleaned out, the raise can now be passed on to consumers. Much of the lost civilian production will not be made up this year, since a big bite will be taken out of civilian goods to make up for the lost arms output. Beginning in the fourth quarter, said NPA, the military will boost its steel take by 50%, to about one-fifth of total output. In some grades it will be taking virtually...
That frail, slow-moving mechanism, the human fighter pilot, is becoming obsolete. At the flashing speeds of the latest fighter planes, his senses cannot absorb and his brain cannot process the information that is necessary to shoot down an enemy. It is U.S. Air Force doctrine (and presumably Russian doctrine too) that, sooner or later, human pilots must be supplanted by electronic senses and brains that can do a faster, better...
...hope to discover structural relationships within the economy that would serve as the basis of quantitative economic laws. For ten years he collected data, aided only by a single assistant. In order to have a manageable theory that could encompass the whole economy, and that could absorb the masses of detailed statistics already available, Leontief had to work with assumptions considerably cruder and more restrictive than most economists were willing to accept. He had to bet that the advantages of examining all industries at once would compensate for the lack of sublety. These advantages could not appear until the data...
...price concessions. Nevertheless, new patterns are emerging. Birmingham reports that Northern mills are sending agents into the South looking for business as a hedge against expected surpluses. Giant Bethlehem Steel Corp. has sent teams of salesmen to the Chicago area hunting up trade. In Detroit, warehousemen are offering to absorb freight costs to lure buyers in the Gary and Cleveland markets...