Word: offsets
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...building and stage, to be freer in scheduling worthwhile productions with doubtful box-office appeal and to expand programs like its cultivation of young singers. With the additional money going into such projects, Bliss pointed out, there will be no letup in the need for annual contributions to offset regular operating deficits. Those contributions now total $14.6 million and will almost certainly have to go higher in future seasons. Is there a danger that the endowment campaign will undercut the annual fund raising? Bliss said no, predicting instead that it would foster greater interest and confidence in the Met. "Over...
Those who have been annoyed by such mannerisms in the past may find them less objectionable here. They not only convey the period that Hellman strains to retrieve, but their tough-gal veneer is offset by the sadness and vulnerability of the woman within...
...standing with the public and his fund raising were suffering from his stay-at-home strategy. Then came the unsuccessful raid in Iran, followed three days later by Secretary of State Cyrus Vance's resignation, which amounted to a stinging vote of no confidence that was only partly offset by Carter's choice of Senator Edmund Muskie as Secretary of State. The President decided that he had little choice but to begin campaigning. Said a top aide: "He's tired of getting dumped on for everything he does. He's ready to do battle...
...more than 7%. But even though some IEA nations, such as West Germany and Denmark, continue to rely on Iranian exports for as much as 10% of their petroleum supplies, sky-high prices and slumping demand for crude have already created a worldwide mini-glut of oil that would offset any loss. Because of surplus supplies, the price of oil in the so-called spot market has declined from $42 per bbl. early this year to around $33. Indeed, with storage tanks already filled to overflowing, the industrial nations could probably get by without Iranian crude for many months before...
Handlin said all University libraries will comply with the change bcause in the long run the gains will offset the costs. He added that outside grants may defray the costs of conversion...