Word: paring
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Perhaps not, but last week the Administration persuaded three other small firms that had posted higher dividends to pare back their next regular payouts. Executives of the firms-Wisconsin's Briggs & Stratton Corp., Illinois' Martin Yale Industries, and Pennsylvania's Selas Corp.-were brought before the COLC at the same time as Wettstein. Paul McCracken, the council's vice chairman, ordered the gathering after the COLC staff saw reports of dividend increases in the press. Arnold Weber, executive director of the council, seated the businessmen around a table at the COLC's Washington headquarters...
...serious discussion of mutual reduction of forces in Europe. Then he hit the point even harder when Canadian Prime Minister Pierre Trudeau went to Moscow last week to sign a pact of mutual cooperation with the Soviets. Both Brezhnev and Kosygin suggested to Trudeau that they wanted to pare their swollen defense budget and put the money into sorely needed housing. Thus they helped kill whatever chance the Mansfield amendment may once have had. It was handily defeated in the Senate, 61 to 36, and compromise amendments were voted down as well.* In the process, however, Nixon used...
...economic power. By easing the oppressive burden of taxation, he hoped to restore incentive to executives and galvanize workers out of the "I'm all right, Jack" mentality that has hobbled productivity for decades. Though he could hardly dismantle the Labor-built welfare state, he did begin to pare some of the benefits and increase the cost of social services...
...utility butcher in a kosher slaughterhouse and saved his money. Then he sent for his 15-year-old childhood sweetheart, married her and moved into a ghetto apartment. He ballooned up to 235 Ibs., so he went to a neighborhood Police Athletic League gym to pare off some weight. There he came under the paternal eye of a sometime fight manager named Yancey Durham, who recalls that Joe looked just like any other fat boy. One thing, however, was different: "He had determination...
...reduced its military presence in Turkey from 27,000 (including dependents) in 1966 to roughly 15,000 today, and will pare down to 10,000 next year. Such conspicuous U.S. facilities as a huge PX and a boisterous enlisted men's club have been moved from downtown Ankara to the suburbs. More than 500 Peace Corps volunteers were withdrawn last year...