Word: offsets
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Dates: during 1940-1949
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...WESTERN UNION MONEY ORDER FOR TWENTY CENTS. PLEASE FORWARD SAME TO MATUD ODEHNAL IN PAYMENT OF THE TWENTY CENTS HE SAYS HE LOANED HITLER [TIME, April 21]. AS AN AMERICAN (OF IRISH DESCENT) I BELIEVE WE SHOULD LIVE UP TO OUR NEUTRALITY. THEREFORE THE PAYMENT OF THIS DEBT WILL OFFSET THE SEVEN BILLION WE GAVE ENGLAND...
This fact is not materially offset by the relative improvement of Britain's strength in capital ships. In the last war, Germany's battle fleet was so strong that Britain had to keep her battleships together at Scapa Flow in case of a sortie by the Germans. In this war, because Germany has few battleships and because the Italian Fleet has proved so impotent, Britain has been able to disperse her Fleet and use much of it in convoy duty. But battleships, with less speed than destroyers, are not a weapon to use against submarines...
...Finally in 1939 finances demanded a complete revision of format and policy. The Transcript under new management blossomed forth with the "Newscope," front page pictures, headlines and unfamiliar makeups, without the usual Jay ad in the left-hand corner. But the five cent tariff and fatter editions failed to offset the continued small circulation...
Since one of the older German professors died unexpectedly last fall, the money saved from his salary will fully offset the economies of the budget cut. All undergraduate courses will be kept next year; tutorial will remain as complete as it was; and none of the younger men in the Department will be dismissed...
...before gains and losses on investments) have hovered around $400,000,000 a year, have shown little tendency to pick up as other businesses improved. Many a bank has boosted its earnings by taking profits in the rising bond market-subject now to being offset by losses if the market turns down...