Word: cutbacks
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Dates: during 1960-1969
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Major new investments in the chemical industry are sure to force a cutback in consumer production, housing, possibly defense; but the situation on Russian farms warrants it. Yields this year have been poor in the Ukraine and Siberia. Last week the administrator for the Vir gin Lands, Khrushchev's pet farm project, openly admitted disaster in his regions as well, citing staggering examples of mismanagement and inefficiency...
...still its Premium Saltine, which reinforces the company's principle that most Americans prefer plain foods. President Bickmore himself is a plain-food man. A tithing Mormon from Paradise, Utah, he began in 1933 as a Nabisco salesman in Pocatello, Idaho, but was laid off in a Depression cutback, and started again as a porter in a company warehouse. As he worked up the line, Bickmore took some studies on the side from both Dale Carnegie and Harvard Business School. Since becoming chief executive three years ago, he has bought out Cream of Wheat and the James O. Welch...
Another argument is that a sizable American cutback would provide the right amount of pressure to force Europe to put up more for its own defense. The U.S. feels that it is the only country that is really expected to fulfill its obligations under NATO and that even the dedicated Germans tend to find excuses for not fielding more troops, citing the country's severe industrial manpower shortage. But whether a U.S. reduction would have the desired effect is doubtful. Charles de Gaulle, for one, has deprived NATO of some French troops on a considerably smaller pretense, and Britain...
Watson said that the Masters are not in favor of any cutback in parietal hours, but he insisted that the Masters "are just not cued into what's going on in student rooms...
...from such sources as the Export-Import Bank and the Peace Corps, Moscoso hopes to stretch out his budget for a while. But Alliance economists are busy figuring out scaled-down programs, even though there is a possibility that the Senate might reverse the House action. A $150 million cutback could mean abandoning plans next year to build 10,000 classrooms and low-cost housing for some 175,000 people; it would cancel low-interest loans to 10,000 farmers for plows, seed and fertilizer to escape subsistence-level farming, wipe out a plan for loans to 6,000 small...