Word: outlay
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Seeking Shelter. The real Soviet "upsurge" will continue to be felt, as before, in heavy industry and rocketry. The spending for defense will continue at this year's spending levels, but the outlay on "science," which presumably includes the space effort and missilery, is to increase by an impressive 15.4%. Furthermore, 30% more will be invested in the key chemical and machine-tool industries next year. While Khrushchev talks grandly of more consumer goods, Kosygin affirmed only a 3% rise in spending on light industry in 1960. Consumers could take comfort in Kosygin's promise...
Further, the grandstand cost what was then an enormous amount to maintain. As the March, 1904, issue of the Harvard Graduates' Magazine indignantly pointed out, "The yearly outlay for repairs amounted to not less than...
...this year's corn, on top of an estimated $1.8 billion worth of previous years' corn.* Meanwhile, storage, transportation and interest on earlier corn surpluses are costing $1,000,000 a day, more than twice the cost of maintaining the U.S. courts and Congress. Total added outlay for this year's corn charged to the U.S. taxpayer this year: around $1 billion...
...washer-dryer combinations. Result: the company tried a little bit of everything. Now, under a revamped management team, Hotpoint has completely overhauled its testing and quality control to catch potential defects. The replacement program has generated so much good will for Hotpoint that the company, despite its large outlay, expects to end the year well in the black...
...Baby's Formula? Pushing for adoption of live-virus vaccine in the U.S. is Lederle Laboratories, which last week announced that it will boost its live-virus vaccine outlay to $8,000,000, build new production and testing facilities to produce annually 40 million oral doses of vaccine that offer immunity to the three types of polio viruses (TIME, March 16). Lederle has tested the live-virus vaccine on 700,000 people, is hopeful that current tests in South America and the U.S. will prove its effectiveness and safety. Said Lederle General Manager Lyman C. Duncan...