Word: cancelling
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HOLLAND is forging ahead with its postwar financial recovery, has just prepaid $52.5 million of a $195 million World Bank loan that is not due until 1970. The thrifty Dutch have thereby saved millions in interest, made it possible for the World Bank to cancel its plan to float a $100 million loan this fall...
...lost $8,925,800 in the same period, last week asked its workers to take a pay cut of about 15% from the average $2.37 hourly rate (v. $2.00 for the Big Three). Against the wishes of their leaders, U.A.W. rank-and-filers voted it down. Studebaker threatened to cancel its contract with the union in 60 days and close its South Bend factory unless they reconsidered...
Sentenced to 75 years, with parole eligibility in 25 years, were Lolita's henchmen: Rafael Cancel Miranda, 25, Andres Figueroa Cordero, 29, and Irving Flores Rodriguez, 28. They had also been convicted of a graver offense: assault with intent to kill...
Show Stopper. In Louisville, attending a convention of the International Brotherhood of Magicians, Harry Albacker had to cancel his act because someone had stolen a suitcase containing his 10-ft., 60-lb. python...
...Cancellations & Cutbacks. In their anger against the court, gasmen talked of a sharp cutback in new drilling and exploration, rather than take high risks with the expectation of getting only a 6% return. Some producers planned to avoid FPC regulation by diverting gas to uses within the states where it is produced. Many producers planned to cancel contracts with pipeline companies, in conformance with cancellation clauses that go into effect if FPC gets or exercises rate-setting powers...