Word: outstripped
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...rates, based on running a machine until it falls apart, are no incentive to modernize. Tax allowances, based on the actual cost of the machine, ignore inflation that makes it impossible to replace at the same price. The Machinery and Allied Products Institute estimates that the costs of replacement outstrip depreciation allowances by $6 billion to $8 billion a year. For many a business caught in the cost-price squeeze, the result is less money to spend on modernizing and expanding to cut costs and prices...
...imports has come with what seems like lightning speed, especially to a nation that dominated world steel production for so long. Only 34 years after the age of steel was born with the invention of the Bessemer process in England in 1856, the infant U.S. steel industry began to outstrip the other major producing countries. When Banker J. P. Morgan founded U.S. Steel Corp. in 1901 by merging several companies, the U.S. produced 37% of the world's steel-and Big Steel produced the lion's share of the U.S. total from birth. By 1920 the U.S. share...
...Protestants should request equal TIME. If my information is near correct, our growth will probably outstrip the growth during the same period of the Roman Catholic Church...
...Advisers, came the sharpest opposition to the bill-he called it "untimely and unnecessary"-as well as backing for Blough's view. In the strongest terms yet used by an Administration economist, Saulnier laid the blame for inflation not on corporations but on "increases in money wages that outstrip improvements in productivity. I believe we have tended of late to depart from the historical relation between wage increases and productivity improvements. And if these cost increases cannot be passed on to the consumer in higher prices, they merely create a squeeze on profits that will, over a period...
...foregoing has not even considered Yale, which is likely to have one of its greatest seasons. The Elis for outstrip any other team in the league; they have Tim Jecko, who swims everything well, Roger Anderson, a freestyler who can do any length from 100 to 440, Joe Koletsky, Jerry Dolby, and a promising new group of sophomores. Yale will have no problem winning the league; the fight for second place will be extremely tight, to say the least...