Word: forego
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Dates: during 1940-1949
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...threw U.S. railroads into a frenzy by suggesting that they forego the 6% freight-rate increase which ICC recently granted them on ten key commodities (lumber, cement, petroleum products, pig iron, etc.). OPA further hinted that, if rail revenue (in January, gross revenues were 27%, net income 30% above 1941) continues up, it would request ICC to revoke the rate increase entirely...
...Last fortnight Great Britain announced that the British people would forego Christmas cards for 1941. Reason: paper shortage...
...stockholders' suit brought by Paul Wadsworth Chapman (one of the founders of U.S. Lines) was settled for $750,000. Chapman charged, among other things, that I.M.M. had given Tide Water Associated Oil an over-juicy contract to supply its oil. In the settlement, Tide Water agreed to forego $375,000 in accrued dividends. He further charged that in the early '30s, U.S. Lines contracted away its operating division to a concern headed by Kermit Roosevelt, son of T. R. Kermit's company was paid $910,608 in fees in three years, but I.M.M. did the work...
Joys and Glooms. Despite their willingness to forego cinema and saloon, "the members of the local Party are not angels. They are ordinary human beings who get tired and cross and irritable. Even working together for a common cause does not make people love one another." Mrs. Strauss's sketches of British Labor's leaders make this fact clear...
Regarding rearmament, he said it was up to all sections of the American populace to make sacrifices and that, while he opposed anti-strike legislation, labor has "got to temporarily forego the right to strike...