Word: paring
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Dates: during 1950-1959
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...Army will pare off 50,000 men under Wilson's new directive, the Air Force 25,000, the Navy 15,000, and the Marines 10,000, bringing total military manpower down to 2,600,000. The Air Force will come down five wings to 123; the Army will probably drop another division to 15 (but will withdraw troops from no overseas area except Japan); the Navy will mothball 35 operating ships. Further cuts may turn out to be necessary, Wilson hinted, when his successor, Procter & Gamble's President Neil Hosier McElroy, gets to working out the defense budget...
...more federal services. Last year the executive branch added 30,000 employees-the Post Office took on 12,611 new workers to handle the increasing torrent of mail; the Civil Aeronautics Administration had to cope with the swelling flow of air traffic; the Patent Office hired new employees to pare down the growing backlog of patent applications...
...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...