Word: effective
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Dates: during 1950-1959
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...speech to the bankers, U.S. Steel Corp.'s Board Chairman Roger M. Blough urged a two-point anti-inflation program to supplement Government policies: 1) efforts by management and labor to increase productivity, and 2) restraint by both to keep wage rises from outpacing productivity. In effect, Blough was restating Dwight Eisenhower's theme: in a free economy, the Government cannot defeat inflation without help from business and labor. And help is urgently needed...
...cadre had already been rejected out of hand by the Algerian National Liberation Movement, but it might have had an effect on other war-weary Algerian Moslems. Now, even should it pass and Bourgès-Maunoury remain in office, the loi-cadre no longer stood as a shadowy promise of a political solution to the rebellion. Instead, it is a document which says that France intends to hang on in Algeria, whatever the rest of the world says...
...Cordiner Report calls for the abandonment of the "Methuselah" system of granting pay increases on the basis of seniority and time-in grade, and substituting a scale that would offer increased rewards to the skilled, productive, and responsible. They suggest that these pay increases go into effect only with non-commissioned officers and commissioned officers, those whom the government feels have a large enough stake in the military to make it a career. The Plan would also bring the salaries of civilian technical employees of the military closer to the standards of private industry, and give recruits, especially those with...
...risk severance. These proposals, putting the peacetime army on the same standards that prevail in the world outside, would seem to work for a more capable--and more economical--fighting force. Its supporters claim that, though it would cost about $650 million per year to implement, it would effect annual savings of $5 billion by 1960. Nevertheless, the Administration put the report back in the files on the grounds that it would result in inflationary pressure...
Until such a time as new regulations are put into effect, there will be no overnights allowed, and as Miss Humphreyville put it, "We, the committee, will decide ourselves what is to be done...