Word: higher
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Dates: during 1950-1959
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...motorist who drives 10,000 miles in 1958 will spend $1,078, about $76 more than it cost him to operate in 1957, says an American Automobile Association survey. Annual depreciation, the driver's biggest budget item, will increase by $51 to $565, chiefly because of the higher cost of new cars. Insurance will go up $13.31 to $116.71, license and registration fees up $1.48 to $19.16, maintenance up .05? to .79?a mile, tires up .06? to .59? a mile. The only saving, says the AAA, will come in gas and oil. which in 1958 will average...
...raise bill. Likely to maintain its substantial form as it moves through the legislative process, the bill takes a firm step toward carrying out the recommendations of a study committee headed by General Electric President Ralph Cordiner, aimed at cutting the costly turnover in armed forces personnel by offering higher incentives for career service. Some representative pay raises by Army rank or equivalent: Present Rank Longevity Monthly Raise...
...Business. But if Jim Patton's N.F.U. is big political business, it is also big money business, with a vested interest in high farm subsidies-the higher the better. The N.F.U.-founded Farmers Union Grain Terminal Association is worth $33 million, reaps about a $3.5 million cash harvest each year in Government payments for storing grain surpluses stimulated by N.F.U. high-subsidy policies. Among other N.F.U. interests...
...major problem to solve is prices-they must come down. "This recession is going to be cured primarily in the market place, not on Capitol Hill." In order to speed it along, "the best things would be for labor and management to get together and declare a truce on higher wages and prices until this thing is over." The Government can be of some help, though such highly publicized recession cures as a speedup in public works are overstated benefits. "A new post office in Podunk doesn't do much for the skilled man who is unemployed in Detroit...
...after hot congressional pressure to build more plants (TIME, Feb. 10). AEC would boost spending on civilian program from $124.3 million annually to about $200 million in next five years. Items: better research to cut high cost of uranium fuel, more Government money to build three new advanced reactors, higher price paid by AEC for byproduced plutonium to give industry healthier profit...