Word: balk
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Postage & Privies. The new budget proposes only two big cuts, and Congress may well balk at both of them: hacking the Post Office deficit a hefty $700 million by upping postal rates (e.g., first-class letter postage from 3? to 5?), and chopping Commodity Credit Corporation costs nearly $400 million, mainly by lowering agricultural price supports. The rest of the budget's civil sector, far from shrinking, actually looms some $600 million bigger than in 1958. The thinning of some welfare programs, e.g., privies on Indian reservations and aid to states for education of retarded children, is more than...
...tighten up, the FHA overdid things. Even though the windfall profiteers were only a handful among thousands of honest builders, FHA now suspiciously administers its new 207 program, sets extremely rigid standards, digs through construction figures long after it has approved-threatens builders with future disapproval if they balk at making changes. Result: many builders feel so harassed that they no longer put up the middle-income housing they could build profitably with...
Heads-up, aggressive baseball alone enabled the varsity nine to roll up its third consecutive Eastern Intercollegiate League victory, as they took advantage of four Army errors, five stolen bases, two wild pitches, and a balk to eke out a 6 to 5 win over the Cadets...
...wants to know is the size of his monthly payment and whether he can carry it. Household Finance Corp., whose 757 offices shoveled out $771 million in installment loans last year, borrows funds at 3.7% to 5%, lends them at an effective rate of 24%. But few balk. Explains H.F.C. President H. E. MacDonald: "When a man comes to us for a loan, he comes not as a customer or a client but as an applicant, with hat in hand...
Snap Judgment. In St. Louis, Edwin Balk was fined $500 after his barber testified in court: "He asked for a short haircut, and that's what I gave him. After I got through, he looked in the mirror and yelled, 'You've cut off my sideburns,' then jumped out of the chair, threw the apron m my face and twisted my arm round until it broke...