Word: hiked
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Dates: during 1950-1959
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...return to the gold standard would probably have to be accompanied by a price hike in gold to provide more adequate backing for the vast expansion of money and credit in the last few decades. Some economists who do not advocate a return to the gold standard nonetheless want a price hike. They argue that the U.S. has artificially kept gold at a fixed price since 1934, while the prices of the world's goods and services have more than doubled, and that not enough gold has been produced to keep up with the world's economic strides...
...great majority of the world's economists strongly oppose both the gold standard and a price hike. Says a top U.S. Treasury officer: "The full gold standard is oldfashioned, impracticable, a discipline enforced with the lash. The world has moved on without it." In place of that rigid discipline, nations have built up flexible disciplines better suited to control the ups and downs of the complex modern world, such as the International Monetary Fund. Opponents of return to the standard of a quarter of a century ago insist that the U.S. is already as near to a gold standard...
Increased board rates, like the Yale game, have become a regular part of a year's routine. "Spiraling food costs," say the officials of the Dining Halls, "make another increase necessary this year." And so the routine goes, a hike two years ago, another of perhaps $40 next year. Harvard, with its $590 annual charge for food, has one of the higher--if not the highest--board rates in the entire nation, a doubtful distinction at best...
...hearing, the Deans opened the problem for public discussion--but they still held that "some rise in the Board rate seems inevitable, and soon, in any case." Although they held that "some sort of economies" could be effected, they failed to hold out any hope of avoiding yet another hike...
...union's wage-policy committee meets here at 10 a.m. EDT Monday to consider the reported offer which would give the strikers an 8-cent-an-hour hike in pension and welfare benefits in the first year of a two-year contract...