Word: higher
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Dates: during 1940-1949
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...trade unions had grudgingly gone along with the government's policy of virtually freezing wages & prices. But when devaluation of the pound thawed out some prices and sent them climbing upwards, the unions' rank & file rebelled. Britain's T.U.C. (Trades Union Congress) presented new demands: higher wages, more government subsidies to keep food prices down, additional taxes to cut down business profits...
Like other little magazines, Horizon could not find enough authors capable of writing what it wanted at prices that it could pay. What good authors it did find were soon lured to other, higher-paying British magazines or dollar-paying U.S. publications...
...warned W. Randolph Burgess, executive committee chairman of Manhattan's National City Bank. "But economic laws have a way of working out, and eventually we will have to pay the penalty." For the Government's deficit spending, U.S. citizens may have to start paying the penalty in higher prices in short order. Warned he: the U.S. may be in for another round of inflation...
...railroads lost $560 million on their passenger business last year, it was obvious to railmen that something was wrong-and that something had to be done. The Eastern railroads, which had already had fare increases of 28% in about three years, thought that the answer lay in still higher fares. They asked the Interstate Commerce Commission for a 12½% boost. Last week they got it. But the increase apparently did not solve everything; the news that it had been granted merely started everyone asking again: "What's wrong with the railroads...
...biggest in the 38-year-old history of Eastman's profit-sharing plan (last year's bonus: $13 million). Though Eastman's earnings for the first nine months this year were down about 17% from 1948, it's common, stock dividend was higher ($1.70 v. $1.60 last year). Therefore, the bonus, based on the dividend paid to stockholders, was higher also. Paid to everyone employed before last October, the bonus consists of $25 for every $1,000 earned by an employee during the last five years. A man who had earned an average...