Word: coste
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Dates: during 1950-1959
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...wrecked frame house, could not have agreed more. Once his astonishment had worn off and Air Force lawyers had assured him that things would be put to rights, he remarked: "I always wanted a swimming pool, and now I've got the hole for one at no cost. I may open it to the public-charge them for swimming in uranium-enriched waters...
...longer be economically worked. The uprooted may agree with Seattle Art Dealer Zoe Dusanne, whose home and gallery overlooking Lake Union will soon disappear before the Everett-Seattle-Tacoma Freeway. Says she: "I'm a great believer in progress. But what a pity progress has to cost so much...
What labor has not learned is that just as businessmen must suffer from reduced business and lower profits, so labor must also bear some of the cost of a business downturn. Businessmen fear that the U.S. will not be on solid ground for an upturn until the wage spiral is broken, and productivity, which has not been rising as fast as wage rates, catches up. Said Industrialist and longtime Federal Reserve Chairman Marriner Eccles: "Organized labor has already jeopardized its interests by pricing many of its goods and services right out of the market...
...corporate rate reduction from 52% to 50%. Government loss: $1 billion. ¶ Excise taxes, which have outlived their wartime purpose to discourage use of scarce material and transportation, are certain to be slashed. Likely targets: the manufacturers' auto excise tax, which adds $150-$200 to the cost of an auto (manufacturers say they will pass on the savings); the 3% freight transportation tax; the coal and oil transportation tax; retail taxes on such "luxury" items as leather, cosmetics. Government loss: $1 billion...
ATOMIC POWER may be speeded soon by AEC after hot congressional pressure to build more plants (TIME, Feb. 10). AEC would boost spending on civilian program from $124.3 million annually to about $200 million in next five years. Items: better research to cut high cost of uranium fuel, more Government money to build three new advanced reactors, higher price paid by AEC for byproduced plutonium to give industry healthier profit...