Word: pared
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...Douglas will reduce its 76,000-man force by 8,000, and Lockheed will shrink its 60,000-man force by 5,000. North American Aviation, which laid off 7.300 workers after its Navaho missile was washed out last month, will drop another 4,700. Boeing will pare its 100,000-man force by about 10,000, but last week it resumed advertising for skilled and semiskilled workers...
SLUM-CLEARANCE BATTLE for funds has been won by U.S. Housing Chief Albert M. Cole and U.S. mayors, who got $250 million allotment from Administration for fiscal 1958 despite Treasury-Budget Bureau drive to pare sum. Of 264 communities that will receive federal aid, top amounts will go to New York ($25 million), Washington, D.C., Chicago, Philadelphia, Detroit, Cincinnati, St. Louis...
...HOUSING BILL will be more generous than Administration expected. Administration wanted to pare minimum down payments on FHA-backed mortgages from current 5% of first $9,000 appraised value to 4% of first $10,000, but Senate and House called for 3% of first $10,000. President Eisenhower asked $1.19 billion in new funds for federal housing agencies, but final figure will be considerably bigger...
More Sales? The Germans were not alone in their demands for an easing of restrictions on trade with the Red bloc. Britain and Japan want to pare down the lengthy list of goods prohibited to Red China, allow it to buy the same Western nonstrategic items that Russia does, e.g., chemicals, electrical goods, tractors. They argue that cutting off Red China from the West drives it closer to Russia, that anyhow Red China gets certain embargoed Western items through Russia...
Congress, in its attempts to slash the President's record Budget, is cutting some impractical corners. Since the legislators find it difficult to pare down the large items, they are trying to whittle away lesser expenditures. These cuts seriously impair the functions of the agencies concerned. While the Post Office won its battle, the Weather Bureau now finds itself in danger. Its request for funds should not be sacrificed to the insignificant savings which would result from such cuts...