Word: boosted
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Dates: during 1950-1959
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...seniors of Northwestern University decided upon a new kind of senior-class gift for their alma mater: a plan to raise $4,000 to boost faculty salaries during the coming year. Wrote Class President Walter W. Doren in the Daily Northwestern: "The campuses of America are filled with benches, gates, clocks and similar senior-class gifts which have little or nothing to do with higher education's actual needs. Our class does not want to memorialize itself with a plaque. We wish instead to make a meaningful contribution to tomorrow...
...Missiles. Behind the speculation was a major change in U.S. air defense. Beginning this year, the U.S. will buy fewer manned aircraft than originally planned, will sharply accelerate the shift to guided missiles. After spending only 10% of its procurement funds on missiles in 1954, the U.S. will boost the outlay to 35% ($1.7 billion) for unmanned warbirds, and probably achieve a 50-50 split by 1960. For planemakers who have concentrated heavily on standard air frames, it will mean a rapid rejuggling of their production, the prospect of some thin years...
...enough oil to ease Europe's Suez shortage. But the hearings were hardly under way before the character of the villain underwent an amazing transformation: he began to look almost like a hero. Wyoming's Democratic Joe O'Mahoney. Senate subcommittee chairman, concluded that the price boost was justified for small independents, because oil costs have risen sharply without price relief for nearly four years. Said O'Mahoney: "They have it tougher and need the increase...
...Thompson's testimony was short and typically blunt. The oil crisis, said he, is a myth. Instead of sabotaging the oil lift by failing to boost production appreciably, Texas had done a "jam-up job," had helped make it "amazingly successful, all reports to the contrary notwithstanding." Texas was sorry that the world was angry at its actions. "We are accustomed to that," said Thompson. The facts were that the U.S. Government had not once officially demanded an increase in the allowable production set for the state's oilmen. The requests had come from Humble Refining...
...sales back ahead of cash-ins, the Treasury last week asked Congress to permit a boost in rates, retroactive to Feb. 1 on all new bonds. It wants to raise Series E and H interest rates to 3¼% as a start, boost rates as high as 4¼% if necessary...