Word: lowering
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Dates: during 1930-1939
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...designed as nearly as possible to exclude every foreign commodity deemed in the slightest degree competitive with domestic production. Other countries, either in pursuit of a similar policy or in retaliation, increased their tariffs. The inevitable result was to reduce trade further, to create greater unsalable surpluses, to lower living standards, while privation and unemployment raged among millions...
...plants elsewhere in the U. S., President Gerard Swope posted notice that henceforth company wages will be adjusted periodically with changes in the cost of living. Following the Department of Labor's index, wages will be increased up to 10%, but will not be cut lower than they were Oct. 1. To cover the last six months' rise in living costs, G. E. last week granted a 2 raise...
Sufficient exposure to cold will lower the temperature and sufficient exposure to heat will raise it. Let us consider cold first...
...general financing medium for the future the new preferred would further the rich coal carrier's ambition to increase the proportion of stock to bonds in its capitalization. Present ratio is 44% stock, 56% bonds, which is conservative. So far this year C. & O. had refunded at lower interest rates $60,000,000 worth of long-term bonds, incorporating in the new issues sinking fund provisions which will retire the entire amount by maturity. A relatively novel idea in railroad finance, the sinking fund in the case of C. & 0. will be taken care of by the saving...
...week for service. Each wholesaler pays IGA headquarters $4.75 per month per store for merchandising advice, mats, layouts, etc. Besides its brokerage commissions IGA receives about $372,500 per year from the wholesalers. The retailer foots this bill for service but he gets the by-product of lower prices, tested goods. And IGA retailers are now selling $400,000,000 worth of goods annually...