Word: offsets
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...Congress despite the high risk that stems from having so many of their Senate seats up for challenge. Ordinarily, the out party gains in off-year elections, but the Democrats are painfully short of campaign funds and lack powerful, recognized leadership. The weakness at the top is partially offset by a number of strong candidates in individual races...
...certain winners. In Illinois and California, Democrats Adlai Stevenson III and John Tunney are exploiting their famous names and their foes' drab records; they may well pick up Republican-held seats. In New York and Vermont, Democrats Richard Ottinger and Philip Hoff are given good chances to offset party losses elsewhere by ousting Incumbents Charles Goodell and Winston Prouty...
...only genuine indulgence?running Women's Wear. He was full of ideas when he first returned to New York City from France: he wanted to print the paper in several cities to speed distribution; he wanted to switch from the company's muddy old flatbed presses to cleaner offset printing; he wanted to use more color illustration. The family blocked the way. "They kept treating me like a snotty little brat who was running around with wild ideas that were going to ruin the business," he says. But after his father's retirement, John took over the company presidency...
...adopted by other companies. The strike revolved in part around a cost-of-living allowance that raised workers' wages along with the Government's price index. The union agreed to an 8?-an-hour annual ceiling on the amount by which workers' pay might increase to offset inflation. Any difference between that amount and what the workers could get if there were no ceiling, the agreement read, "shall be available" at the beginning of a new contract in 1970. To the union, that difference-now amounting to 26? per hour for the average worker-is simply accumulated...
...because of competition elsewhere, Uruguay began piling up a trade deficit that reached $12.6 million in 1967, a huge amount by Uruguayan standards. The country's swollen bureaucracy, which employs 21% of the nation's 1,000,000-man work force, became an intolerable burden. To offset the high cost of the welfare state, Uruguay began printing more pesos. In the decade from 1959 to 1969, Uruguay's inflation soared 500%, a runaway rate exceeded only by Sukarno's Indonesia...