Word: offsets
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Dates: during 1930-1939
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...observers rate him thus: a business man, rich and reactionary, who has drifted into the Senate more for its social than its political opportunities, .he has had no large or forceful hand in its affairs. As a politician he plays a dull routine game; his money, his corporate connections, offset his lack of imagination. His term expires March 3, 1931. Aware of a rising hostility in Colorado, he does not intend to offer himself for the risky ordeal of reelection...
Before assembled naval delegates, crisp businesslike Prime Minister André Tardieu demanded for France a total of 725.000 tons by 1937 in order to give her absolute parity with Italy in the Mediterranean, and to offset the 144,000 tons allowed Germany under the Treaty of Versailles. This program, if built, would give France not only the largest submarine fleet in the world, but a total naval ratio of 3-3-2 with Britain and the U. S. Observers were aghast, saw the possibility that instead of reducing armaments, Britain and the U. S. might have to indulge...
...Billion. Declared Secretary Wilbur to the Kettleman Hills operators: "A billion dollars in resources will be wasted unless we can work out a method of orderly development of this great field. As minority landholders we want to see an agreement that will stop sinking of wells that call for offset drillings, with ring after ring of offsets. We want to participate in a voluntary plan by which all holders of proven land can benefit. We want to avoid 'drowning' the gasoline market with the flood of Kettleman Oil." He proposed four remedies : i ) Pooling all profits from...