Word: retrench
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Dates: during 1940-1949
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...first place, only 240 of the February graduates will be leaving from the Houses. And in the second place, the House Masters, conservative as always, have decided that now is the appropriate moment to retrench their room quotas to last year's level. So they have sliced 200 of the 240 February vacancies off the list, claiming that filling them again would "overcrowd" their House residents. The real value behind such a decision may be debatable-but then probably few House Masters have noticed the crowding that has been going on in Cleverly, Dudley, and other such outlying districts. Using...
...needed to cover 1942's deficit and provide a backlog for 1943. The U.S. Treasury has been asked to rule that contributions are taxdeductible, "on the ground that the Nation is a nonprofit corporation for educational purposes." If contributions are insufficient, which is unlikely, Editor Kirchwey will retrench drastically, try any expedient to avoid the Nation's death...
...means retrenchment to U.S. magazines no less than to newspapers (TIME, Jan. 4). To conserve manpower, electric power and transportation, publishers will be allowed less paper. Last week the publishers of the nation's some 6,000 weekly, bimonthly, monthly and quarterly periodicals found just how much they will have to retrench. Ordered the War Production Board: in 1943 no magazine can use more than 90% of the total tonnage of print paper it used in 1942. Exemptions: magazines using less than 25 tons a quarter...
Newest of the fields of concentration is the Area of Social Science which was begun last year and attracted 28 members of the present Sophomore class. Almost before it could take its intended place, this department found it necessary to retrench. Of its five original tutors, only three remain. Donald V. McGranahan, instructor in Psychology, and Carl J. Friedrich, professor of Government, have been replaced by John T. Dunlop, Faculty instructor in Economics, and Overton H. Taylor, lecture on Economics At present the field has no tutors from either the Government or Psychology Department...
...began an expansion at the time of the 1929 crash, by 1931 had 1,300 employes, a lease on six floors (plus an option on two more) of a brand-new building and its own printing plant. When public interest in the market sank to apathy, Standard could not retrench fast enough. Salaries were cut, the staff was trimmed, executives went months without pay. Nevertheless, the company probably lost money steadily from 1933 through...