Word: hiked
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Dates: during 1960-1969
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...other hand, when McNamara proposed a military pay hike, Korth wrote a blistering letter to protest that the increase was inadequate. He has cemented friendships for the Navy on Capitol Hill with his frank answers, booming voice and earthy humor. Georgia's Carl Vinson, chairman of the House Armed Services Committee, likes Korth so much that he took him along home recently to meet all the Vinson relatives in Milledgeville...
...poultry raisers, last year began raising the tariff on U.S. chickens to cut the heavy flow. Result: U.S. exports have since declined 67% . American representatives scooted across Europe to lobby for rescinding the increases, thought that they had convinced the Common Market to do so when the new hike came (from...
Behind the hike were the French, who introduced the higher tariff and persuaded the Germans to go along with it. But German poultry farmers have little to thank the French for; by cutting off the U.S., the French hope to win a greater share of the lucrative German chicken market for their own poultry farmers. The U.S. has asked the Common Market to start negotiations later this month aimed at setting aside the increase. If the negotiations fail, the U.S. is legally entitled under GATT to retaliate against Common Market imports-a step that would give it little satisfaction...
...little more than half the pre-Castro average. Cuba's non-military debt to Moscow, already some $300 million, is expected to reach $800 million by year's end. Food is so short that staples are up 40% since 1958. But that is just the legal price hike. On the thriving black market that has developed in Cuba, the jump is often 200%. Beef costs $2 a lb., black beans $1 a lb., 200 U.S. aspirin $3, an egg 25?. Legal clothing prices are up 100%; used shoes bring $40 a pair on the black market...
...situation did not last long. Despite the Kennedy Administration's brave talk and the Civil Aeronautics Board's bold sloganeering that the hike was "not in the public interest," the U.S. ignominiously retreated from its stand. Knuckling under to the British, it ordered Pan American and TWA to begin putting the higher fares into effect. The increase means that Atlantic air travelers-70% of whom are Americans-will have to pay an additional $30 million this year* for air tickets...