Word: curtailments
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...week like Wyatt Earp moving in on an edgy town board. Before an economy-tortured House Appropriations .Subcommittee Summerfield sat down and made his peremptory demand: a deficiency appropriation of $47 million to carry on until June 30, the end of the fiscal year. Bluntly he threatened to "drastically curtail" post office services unless the committee gave him what he wanted; he invited Congressmen to say "whatever services you would have the American people be denied...
Postmaster General Summerfield's shock treatment for Congress in threatening to curtail sharply postal service will probably get him the money he needs to operate his department for the remainder of the fiscal year. While Congress is acting on his request for $47 million, Summerfield should also reemphasize the need for an increase in some of the postal rates in order to place the Post Office Department in a sounder financial position...
...going to destroy the republic," Cannon said in a floor speech, if the postmaster general carries out his threat to curtail mail services drastically for the balance of the fiscal year...
...this had boosted the annual opera packet to $6,000,000. Last fall the government announced that it would press for a law establishing the subsidy at a flat $4,000,000 yearly. This would not affect the music, said economy-minded Budget Minister Adone Zoli, but would merely curtail extravagant choreographic and scenic effects...
Johnny Appleseed. The argument over bigness was only a whisper compared to the uproar over tight money. Even if few understand all the complexities of the Federal Reserve Board actions to curtail credit buying, everyone in some way felt the effects. Business borrowing costs soared as high as 6% as FRB's discount rate on loans to member banks was raised to 3%, the highest point since the 1930s. Home mortgage rates jumped from 4½% to a peak 6% in some areas. As housing starts slipped to 1,100,000 in 1956, down 200,000 in a year...