Word: annually
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Dates: during 1960-1969
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...Peace program expires next year, he suggested, the U.S. should begin feeding hungry nations with farm products bought on the open market rather than with Government-owned surpluses. "If the market price is given the opportunity to respond to foreign aid demand," Shuman told the Farm Bureau's annual convention in Chicago, "it should be possible to discontinue the present control programs, and price supports could be used only as originally intended-to stabilize marketing, not to fix prices...
...food. Instead, the Government would buy food for foreign countries, give away 20% to the neediest and poorest nations, and distribute the remainder on credit to be paid off in dollars. His program, said Shuman, would eventually eliminate money spent on Food for Peace as well as the annual $3 billion subsidy doled out to farmers...
Meany, sounding as crusty as ever at 71, accepted uncontested election to a new two-year term. He also took a $25,000 pay increase, which brings his annual salary to $70,000. When Harry Bates, 83, president emeritus of the Bricklayers, resisted Meany's invitation to retire, Meany decided not to force the ancient out. In keeping with the even-tempered mood of the convention, Meany had kind words for the 89th Congress, even though it pointedly failed to give him the three pieces of legislation that labor wants most: repeal of the Taft-Hartley...
...Treasurer Emil Mazey and Kohler Vice President Lyman C. Conger with a handshake. Despite the most extensive boycott campaign ever mounted by organized labor, the effect of the long dispute on the company was hardly shattering; Kohler today is still a leader in the industry, ranks third nationwide in annual sales...
...fact that business plans to step up spending for new plant and equipment by 14% for next year's first half (to an annual rate of $59 billion) was a major cause of the Federal Reserve Board's decision to boost its discount rate from 4% to 4½% , and a major reason why Lyndon Johnson reacted so mildly despite his disapproval. Last week the National Industrial Conference Board told the Congressional Joint Economic Committee that costlier money will bring only a tiny cutback in those plans. Among the 1,000 largest manufacturing companies, testified N.I.C.B. Senior Vice...