Word: cogent
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Dates: during 1940-1949
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Glut. Brannan could have found cogent reasons just by glancing at his department's statistics. There was more grain than the U.S. could eat, store or ship abroad. The Government had already taken a fourth of the bumper wheat crop off the market, by loans and purchases under its support plan. It expected to have to do the same with as much as 600 million bushels of corn-more than is normally sold commercially in a year. But with most storage space filled, a huge amount of "free grain" not encompassed by the support program had been thrown...
...most cogent argument against expansion was that it now costs an estimated $300 to add one ton of new capacity for finished steel (v. $75 prewar). Yet tax allowances for depreciation do not take the high replacement cost into account. For example, much of the cash being put in U.S. Steel's depreciation reserve has come out of profits and, as such, is taxable...
...Tempting Opportunity. John Foster Dulles, acting head of the U.S. delegation to the U.N., made a cogent point last week: "The problem of Germany cannot be satisfactorily solved except within the framework of some Western European unity. [The Germans] could safely be given a great peaceful opportunity as a small minority-say 20%-of Western Europe. But as one of several separate independent nations in Europe, the Germans, strategically located in the middle of Europe, have a tempting opportunity to maneuver their way back to a dominant position...
...French tended to agree with Bevin. In Paris a Foreign Office spokesman made a cogent observation: "We will have to rebuild many factories wrecked by the Germans and replace lots of machines stolen by the Germans. Are we to take them from Germany, where they serve no useful purpose now, or are we to get them from the U.S. under the Marshall Plan...
Subtraction. The cream was off the boom for Burroughs Adding Machine Co. It cut the price of its $184 adding-subtracting machine to $155, the $135 model to $125. Burroughs said it was giving consumers the benefits of its production savings. But there was another cogent reason: Burroughs had caught up with the backlog on its lower-priced machines...