Word: costs
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Dates: during 1940-1949
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Overall U.S. production was slackening a bit. The Federal Reserve Board's production index (1935-39 average 100) dropped two points in February to 189, five points below a year ago. The Bureau of Labor Statistics' cost of living index slipped 1.1% between Jan. 15 and Feb. 15 to 169-the greatest monthly drop in nine years (but the index was still 27% above June 1946, when OPA was killed...
...face of the U.S. surplus, the U.S. share of exports under the pact (168 million bu.) was comparatively small, though the cost to the U.S. might prove large. As long as wheat support prices are higher than the pact price, the Federal Government would have to pay the difference. In effect, it would subsidize the exports. Furthermore, importing nations would be required to take their maximum quotas under the agreement only when the price fell to the minimum. As long as the price was above that, they could buy from Russia or Argentina, if those nations wanted to undersell...
...England, where the textile slump had already caused some 20,000 to be laid off, there was one bright spot. The U.S. Air Force awarded contracts for $20 million worth of woolen cloth. To get the business, mills had slashed their bids close to cost, in some cases below it. The catch was that the prices, as much as $1.25 a yard lower than those on civilian goods, were sure to increase the demand of retailers for cheaper goods...
...much does it cost U.S. taxpayers to subsidize U.S. airlines? Nobody knows for sure, but last week Joseph J. O'Connell Jr., chairman of CAB, told the New York City Bar Association that CAB soon hopes to find out. CAB expects to break down the Government payments to airlines into outright subsidies and the amount airlines have earned carrying the mail...
Director Reed has brilliantly followed suit. As the emotional tensions mount, it is Felipe who hears, half hears, guesses at and finally misunderstands their meaning. When Mrs. Baines accidentally falls to her death, Felipe is certain that Baines has killed her; his lies to protect his friend all but cost Baines his neck. Ironically, Baines is saved by a piece of evidence that only Felipe knows is worthless...