Word: nets
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Dates: during 1950-1959
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...net effect of the new look was to huddle Congress' Eisenhower Republicans into an uncomfortable minority. Democrats found themselves aligned with conservative "1890" Republicans and wondered apprehensively whether they should try to outbid Senate Minority Leader William Fife Knowland, who is demanding a $3 billion budget cut and has turned on the school bill (see EDUCATION) that he twice before supported...
...net effect has been to isolate Egypt and Syria-whose fulminations against the doctrine were capped by their refusal to discuss it with Ambassador Richards-from their neighbors. More important, by the Richards mission the U.S. has set up a shield between the Middle East and Russia. Editorialized the New York Times: "The widespread acceptance [of the plan] has converted it from a unilateral American declaration . . . into a multilateral alignment which . . . rests on a common policy of defense against Communism...
...Laos had got the reassurance it needs. Gist of the State Department note (similar ones went out from Britain and France): the U.S. continues to support the authority of the royal government "over all its territory" and "welcomes the firmness" with which it has resisted the Communist reintegration terms. Net effect of the reassurances: to put the Communists on notice that any dirty work in Laos could easily bring down on them the full force of the Southeast Asia Treaty Organization...
...deduct foreign taxes from their U.S. tax load, but in Aramco's case, the argument is whether the money Aramco pays Saudi Arabia is a tax or a disguised royalty. The difference is important. Royalties paid abroad can be deducted as business expenses before a company figures the net on which it pays U.S. taxes; direct foreign taxes, on the other hand, can be deducted from the tax bill itself, thus greatly reducing-or wiping out-the company's U.S. tax liability...
...foreign lead, zinc and antimony for the stockpile, the Department of Agriculture aimed to hold down metal imports. While the program helped U.S. miners by raising prices of zinc and lead, it also worsened the problem by encouraging foreign producers to step up production and create bigger surpluses. The net effect of bartering, say U.S. miners, was to increase imports...