Word: offsets
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Dates: during 1940-1949
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...minor part in the revolution. One of his main contributions was to substitute stainless-steel streamlining for the gas-jetted, Victorian corridors of the U.S. Steel headquarters at 71 Broadway. But Little Stet surprised oldtimers when he fought off a 1938 proposal that U.S. Steel cut wages to offset a drop in the price of steel. In a fireside chat, Franklin Roosevelt digressed to congratulate Big Steel on its "statesmanship." And Harry Hopkins, in his steady progress in U.S. society, had met and liked U.S. Steel's Ed Stettinius, had encouraged him to become a member of the Business...
...steel companies consoled their stock holders with the usual dividends, and a recital of unusual achievements. U.S. Steel upped its sales to a new high of $1.5 billion. But its $89 million sales increase was more than offset by higher costs. After paying taxes of $74 million (v. $79.5 million in 1943), the Corporation's nine months' net was $49.3 million against...
...page size is 9 by 12. Offset printing and excellent design combine with the fact that some of the buildings pictured no longer exist to make the calendar, as the University Press puts it, "a distinctive, valued, and permanent record of Harvard's architectural beauties...
...tone of Alexander's report was not alarming. He hinted that new shark fleets may have fresh tactics and technical equipment aimed to offset the deadly Allied location devices and methods which ruined the U-boats in 1942-43. But the sub commanders are more "shy, cautious and nervous" than they used to be. The "largest ocean supply convoy of all time" -167 ships spread over 26 square miles of seaway and carrying 1,000,000 tons of cargo-recently arrived in Britain without meeting a single U-boat attack on the way. Like most Atlantic convoys these days...
...Roosevelt-Churchill declaration re admitting Italy to international high society had given Italians new hope. News of it flashed through Government offices, streets and homes. The declaration salved Italian pride. It also offset the effect of the Russian armistice terms to Rumania, which were much more liberal than the Allied terms to Italy. Even the lowest Italian laborer or peasant knew about the Rumanian-armistice terms. The prestige of the U.S. and Britain went down. The prestige of the Italian Communists and the Socialists, with whom they currently enjoy a united front, went...