Word: cutbacks
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Dates: during 1960-1969
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More immediately, a cutback in European troop levels would do much to ease the balance-of-payments problems that have plagued the U.S. Treasury and drained Bonn's Bundesbank for the past few years. Last week the U.S. routinely announced a reduction of its NATO force that will remove 35,000 men from West Germany, starting next January...
Ehrensperger could think of two reasons for the Federal fund cutback: the general skimping on domestic welfare projects because of the Vietnam war, and the growing number of colleges applying for funds under the work-study program...
...months or more. The head of the A.M.A.'s legal department, for one, has already announced that it will argue against the regulation. The closemouthed National Geographic Society has declined to comment, but society officials said earlier that loss of its tax-exempt status might force a cutback in its scientific and educational activities. For the other side, cheers were led last week by former IRS Commissioner Mortimer Caplin, who has long fought to tax the taxexempt. "The business community is elated," he said. "This is a sound decision...
...doubts about how the big maker of tiny transistors and integrated circuits will do in 1967. The rate of new orders has "declined appreciably," so he ordered a temporary cutback of sorts in his Dallas plant: normal eight-hour work shifts were shortened by precisely 30 minutes...
...past four months, the British national press has been undergoing the most severe crisis of self-confidence in its history. First, an outsider-Canada's Lord Thomson-took over the London Times, symbol of Fleet Street stability. Then Harold Wilson's economic squeeze caused a drastic cutback in advertising. Finally, last week, a report confirmed the newspapers' worst fears: the industry is in dire trouble...