Word: earmarks
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Dates: during 1950-1959
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...report was issued, C.E.D. Chairman James D. Zellerbach, president of Crown-Zellerbach Corp., added a personal postscript: "I don't think a billion dollars a year is too much to earmark for this economic aid job. Certainly it is not a sum which the $400 billion U.S. economy cannot take easily in its stride . . . We should be interested in working with these peoples over a continuing period of time, helping them build up their countries instead of going in only to offset the Russians . . . That way we'll build up a great deal more good will...
Canadian newsprint producers argued that they have had to earmark a high percentage of profits for costly mill expansion to add 900,000 tons to Canada's annual capacity, as well as pay out 15% wage increases in the three years and three months since the last price hike. Even though St. Lawrence profits for the first half of 1955 were 37.3% ahead of the 1954 level, President P. M. Fox said: "We have gone beyond [our] ability to absorb increasing costs." At week's end the Justice Department, which has no jurisdiction over Canadian producers, asked...
...start it going, the U.S. would earmark between $2 and $3 billion a year (about one-fifteenth of its arms budget) for the next five years, to provide an investment fund for underdeveloped nations. Britain and other industrial nations would be asked to supply additional billions; private investors, most of them American, would be encouraged to add to the kitty. Loans from this giant fund would be made available to the have-not nations without military or political strings, but each borrower would be expected to concentrate on those industries for which climate and resources best fitted it: there would...
Government told steelmen to earmark 488,000 tons of steel for shells in the third quarter-⅓ more than in the second...
With the glimmer of a Korean truce in the ofling, the Administration could walk into public acclaim and out of world leadership by turning its back on Asia. But in the new Dulles plan to send arms to Indo-China and earmark some of our French funds for use in that war, the free world can find assurance that the United States is not going to pack its bag and get out of Asia as soon as the truce is settled...