Word: boosted
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Dates: during 1950-1959
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Tokyo announced that Wall Street Lawyer Thomas E. Dewey will be retained for a year to help Japan boost its exports and ride herd on Japan's commercial interests in the U.S. Fee (including Dewey's anticipated expense account): $200,000. But someone had goofed. Next day, after Dewey's office issued a firm "no comment," Japan's government allowed that the deal is not sealed as yet. Premature publicity may have doomed...
...stereotypers walked out on a point that might have been easily conceded by a union less jealous of its prerogatives. Post-Dispatch Publisher Joseph Pulitzer Jr. had agreed to union demands for $10-a-week pay boost this year and $5 in 1960, enough to pay the stereotypers their highest scale anywhere in the U.S. (duplicated only in Detroit). In exchange, the paper asked the union to relinquish its uneconomic control over "base," the metal blocks on which engravings are laid. As it has been, a composing-room hand must take base blocks back to the stereotype department...
...newspaper without making the reader scream? Experience suggests otherwise. When New York's afternoon dailies went from a nickel to a dime in 1956, all three took circulation losses so severe that not one of them has climbed back to its old level. After a more timid price boost-from a nickel to 7?-in 1952, two of Detroit's three papers spent years recovering lost ground, and the third-ranking Times has still not recovered. Yet a fortnight ago, all three Detroit papers raised prices again, and not only got away with it but last week sold...
...closest the talks came to a bargaining base was on an eight-point management contract revision proposal to "improve efficiency and eliminate waste," thus "generate new economic progress." The industry's implied offer of a noninflationary wage boost in return for broader management rights was promptly labeled "industrial blackmail" by Steelworkers' President David J. McDonald. Said he: "You have nothing but contempt for your employees...
WOOL-CARPET PRICE boost of 5% to 10% at retail level is expected to follow 2% to 4% increase at wholesale by leading makers, third price jump in six months because of high raw-wool costs...