Word: rollback
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...rise of only $5.50 a ton, which COWPS pronounced "acceptable." The smaller increase was quickly matched by several other companies, including Bethlehem Steel, No. 2 in the industry, without whose support U.S. Steel cannot make the bigger raise stick. For the record, U.S. Steel vowed to resist any Government rollback plea. But at week's end Strauss phoned Speer, and after he hung up, Administration officials announced that they expected Big Steel "to remain competitive," that is, shave its increase...
Whether Carter's blast at Big Oil will be as effective in saving his mergy program as Kennedy's was in forcing a temporary rollback of steel prices remains to be seen. The attack was so free swinging that it probably amounted to overkill...
...year-old row house on Baltimore's Limit Avenue brought him to the limit of his patience last year after his taxes jumped from $6,920 to a breathtaking $11,740 as a result of the city's first systematic citywide reassessment. When he asked for a rollback, his request was denied, though assessments on office buildings, hotels and department stores in the city have been reduced to keep business from fleeing...
...Strauss found the Japanese eager to talk. Their message, as one U.S. trade expert summarized it: "So sorry. We were taken by surprise by the immense demand for our sets. We are willing to level off exports at 2.5 million per year." But U.S. manufacturers were pressing for a rollback to no more than 1.3 million Japanese sets. Later, Strauss met in Washington with Japan's Vice Minister of Trade, Minoru Masuda; they continued their talks during the early May economic summit in London. Last week Strauss and the Japanese ambassador signed an understanding that obliges Japan...
...time hardly matched the furor of 1952, when settlement of a bitter steel strike turned largely on how big a price increase mills would be granted under Korean War price controls, or 1962, when President Kennedy marshaled all the power of the White House to force a steel-price rollback. Still, steel men note caustically, aluminum makers in November announced price increases of as much as 11 % on some products without drawing any special political comment. Even more striking, Du Pont raised the price of Dacron staple fiber up to 10%; yet Du Pont Chairman Irving Shapiro was welcomed...