Word: boosts
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Dates: during 1960-1969
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...Approved, by a 333-to-5 House vote, a $1.2 billion military pay boost, which the President quickly and "with great pleasure" signed into law (see box). Effective as of Oct. 1, the raise is the first for servicemen since 1958, gives its highest-percentage increases to younger officers and noncoms as incentives to keep them in uniform. For those who are risking their lives in such cold war hot spots as Viet Nam but are technically ineligible for combat pay, there will be an added $55 a month in "hostile fire" pay. No sooner had Congress acted than Defense...
...indignantly rejected Wilson's plea for the "wage restraint," that he considers essential to successful economic expansion. But on the conference floor last week, bull-headed Ted Hill, the Boilermakers' union leader who headed the resistance, meekly announced that, in view of Wilson's plans to boost national production, the unions had decided to cooperate after...
...Objections. The Kremlin's spending spree on wheat, which promised to give an exhilarating boost to the lagging Canadian economy, would have its impact elsewhere as well. Word came from Australia that it would sell Russia another $100 million worth. Moscow was dickering with West Germany for 250,000 tons of flour. Even U.S. wheat growers, stuck with a huge surplus, hoped to get in on the bonanza; the State Department in Washington apparently had no objections...
...from 28 ft. to 35 ft. in length, must conform to a complicated formula that requires each "plus" (larger sail area) to be balanced by a "minus" (heavier weight). Built in the U.S., a 5.5-meter hull costs about $15,000; designer's fees, tank tests and sails boost the bill another $5,000 or more. Running before the wind, under an 800-sq.-ft. spinnaker, a 5.5-meter can skim along at 8 knots. But a sailor is well advised to take along a reliable Mae West and a strong Australian crawl...
According to Ottawa, which expected to sign the agreement this week, the Russians want a staggering 225 million to 250 million bu. next year. Estimated value: $500 million. Added to the China sale and Canada's normal 250 million-bu. wheat trade, the purchase will boost exports 50% higher than the 1952 record of 336 million bu. The deal could produce a trade surplus of nearly $1 billion, biggest since...