Word: boosts
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Dates: during 1960-1969
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...West Germany's biggest postwar strike, in which 400,000 metalworkers were off the job. Forcing a resumption of negotiations, he frightened labor leaders with threats of en actment of a German version of the Taft-Hartley law, then turned on management and extracted a substantial wage boost for the workers, though not nearly so much as labor was demanding. Similarly, he stepped in to break the deadlock between the U.S. and France during the Geneva talks on Common Market tariffs last spring...
...Paul's Macalester College (1,600 students) got another sharp boost from its Most Unforgettable Character, Reader's Digest Founder-Publisher DeWitt Wallace, 73, who grew up on the campus while his Presbyterian father was president. In recent years Alumnus Wallace and his wife Lila have given Macalester $15 million; last week, as the college announced a ten-year drive for $32 million, the Wallaces offered to match dollars each year that the college raises $750,000, up to a total of $10 million over the ten years...
...last week-and people are more inclined to gamble on their own than to pay a fee for the judgment of professional fund managers. Though redemptions have been rising faster, total sales of all funds are on the increase again. The stock market rise has helped to boost fund assets about $6 billion above last year. While the Dow Jones index gained 27% in the twelve months ending Sept. 30, net assets of the ten biggest funds rose an average 24% per share in the same period...
Maybe a Loss. In the face of acute crop failures throughout the Communist bloc, the U.S. also was counting on a substantial rise in wheat prices and a consequent boost of perhaps $100 million in U.S. farm income. But Canada last week scotched that hope. The Canadians sold Japan 30 million bushels of wheat in a secret deal, promising delivery over the next eight months at a fixed price. Thus, even if a wheat shortage drives world prices higher-as is likely-the Canadians must deliver at the original lower fixed price. And since Japan is one of the biggest...
While sniping at his former comrades, Ben Bella launched a campaign to boost his own popularity. For the first time in seven months, war widows received their pensions. Large shipments of food, much of it donated by the U.S., were hastily trucked to the hungry countryside. Ben Bella seemed to think that he could rally the country against the rebels with promises of further nationalization. But the seizure of medium-sized French land holdings, whose owners had paid better wages than does the government, was far from popular, and no one seemed to think that Algeria's economic misery...