Word: dropped
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Dates: during 1940-1949
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...Steel profits were large: $606 million after taxes, based on the first half of 1949 -an increase of 124% over 1940-41. But that was not as big as it seemed because of the drop in the value of the dollar. And the industry's recent modernization and rebuilding policy "has absorbed most of its recent substantial profit...
...Rubber Co., the union made a disturbing discovery: the firm, already in bankruptcy and operating in receivership, was so close to failure it might close up entirely if it had to stretch its payroll. At a special meeting last week, the Norwalk rubber workers voted, 124 to 45, to drop their demands and to take wage cuts averaging 11? an hour. Explained Union Secretary Caesar Malaterra: "Members felt it was better to keep working than to take a chance of having no jobs...
...idea," explained Joseph van der Straeten, mine host at La Paix tavern in Belgium's seaside city of Knocke, "was to float slowly over the beach so that everyone could see me, then drop a trail rope to a waiting launch which would tow me back to shore. Generally speaking, it is a good idea. I've done it more than 60 times before. But this time it was not a good idea...
This cautious optimism was provoked by the fact that industrial production and employment were again rising swiftly. The Bureau of the Census reported that its Aug. 13 survey showed the sharpest monthly rise in non-farm jobs (1,368,000) in years, more than enough to offset the seasonal drop in farm employment. Total U.S. employment rose to 59,947,000, the highest so far this year, while the number of jobless fell from 4,095,000 to 3,689,000. Secretary of Labor Maurice J. Tobin thought the rise had continued into September's first week, when unemployment...
...booty which they had previously agreed to relinquish, as well as the greater share of Austria's oil-refining capacity and oil-exploration areas, of which they were to have received only some 60% under the treaty document." So far, Russia's only "concession" has been to drop its support of claims to Carinthia made by Tito's rebellious Yugoslavia...