Word: boosted
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Dates: during 1950-1959
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...French Premier Si Moktar Ould Daddah promptly branded them "traitors," begged France not to judge his country by the doings of a few "wild men." Nevertheless, as both Rabat and Paris realized, the four defecting delegates had given Mohammed's Greater Morocco campaign its biggest propaganda boost yet. Morocco, which gained its independence two years ago without ever having its southern borders officially defined, claims a sizable part of the western Sahara, the remaining North African possessions of Spain, and all of the land and unexploited resources of Mauritania...
VETERANS' HOUSING will get boost as a result of presidential order supplementing housing bill. G.I.s will no longer have to make 2% down payment on VA mortgages, will have to pay only closing costs in cash. Other orders released $325 million from Fanny Mae funds to stimulate home building, reduced cash down payment for middle-priced FHA houses...
...Dead Serious." G.M. countered by calling for a continuation of the present contract, which would provide a flat 6% yearly wage boost, no additional benefits and no profit-sharing. Automakers speculated that Reuther himself has little hope of winning a profit-sharing agreement, is only using it as leverage in the main fight for a hefty wage raise, despite all his "dead serious" talk of finding "a way by which wage earners can achieve their equity, their measure of social and economic justice." Reuther may even have trouble gaining much of a pay boost. With skidding sales, the industry...
...Aeronautics Board finally gave the U.S. airline industry an E.T.A. last week for its general passenger fare investigation. Estimated Time of Arrival: February 1959, nearly six years after the study was proposed. Grimly, alphabetically, twelve lines have uttered millions of words trying to prove that they need a 20% boost in air fares, especially now that they must raise $2 billion for new jet fleets. Before this simple message even reaches CAB's examiner next summer, it will total some 20,000 pages, not counting exhibits. Then it will take another six paper-strangled months before a decision...
What worries the industry is that by the time red-taped CAB gets around to deciding on a fare boost, so many lines may be in such serious financial shape that they will have trouble competing. Though the industry recently got an interim 6.6% fare increase, it will only boost the 1958 profit margin to 2.6%, far less than is needed to pay for jets. Domestic carriers still need $600 million, but simply cannot make the healthy profit needed to attract bank financing. Wall Street is just as cool to equity financing: common stocks of the twelve lines are selling...