Word: allowance
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Dates: during 1940-1949
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...atmospheric cross between a quiet morning on the Corn Exchange and an orderly company meeting." Biggest surprise to the British was absence of formality. "The Counsel who wishes to raise a point of law does not begin, 'My Lord, would you be so good as to allow me to draw the attention of the court, etc.' He stands up or even leans back in his chair and says, 'I object.' Just like that...
First WPB moderated this anti-bigness policy, allowed Calumet & Hecla to charge 17? for whatever it could take out of an abandoned, high-cost pit. Last week WPB went further, let it be known that henceforth it will allow all the big companies to negotiate prices on a mine-by-mine basis, will give them a fighting chance to get in on a bonus by stepping up the output from individual shafts...
Lanky, soft-spoken Kenneth Galbraith, Henderson's price man, says he has not worked out the actual formula. The idea is to narrow margins a trifle, but still allow wholesalers and retailers enough leeway to stay in business after meeting the increase in replacement costs since March. Some prices will rise sharply, others will remain unchanged. OPA estimated that the new formula would not up over-all food bills more than...
...test of the policy will come on cotton-mill wages where the problem is vastly complicated by traditional New England v. Southern differentials, and where wages are far lower than "Little Steel." Here WLB will have to unscramble how much of a raise, if any, its new policy would allow to cover the higher cost of living; how much raise, if any, is in order because textile wages in general are relatively low; and how much extra raise, if any, Southern labor should get because its present pay is lower than up North...
...repeating to Russia her statement that the Russians were fighting "not for us . . . for themselves" (TIME, Aug. 10). Most of it was against her fellow M.P.s, the British press and her own Plymouth constituency, who were hopping mad at Nancy Astor. M.P.s hunted loopholes in Commons privileges which would allow them to force Nancy to apologize publicly. The British press labeled her speech "a major political indiscretion." A trades council of her Plymouth constituents announced that her statement did not represent their views...