Word: shrink
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Dates: during 1950-1959
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...prices and exchange-rate penalties that added up to 85% of operating income, provides for an ingenious graduated income tax in reverse. If production stays at present levels, the companies will pay 50% of operating income as their basic tax, plus 25% as a surtax. But the surtax will shrink with increased production and disappear entirely when production is doubled...
Agriculture Secretary Ezra Taft Benson last week gave a progress report on his program to shrink the mountain of surplus U.S. dairy products by lower price supports and a huge giveaway program. Lower price supports so spurred consumption that Benson was able to cut new purchases of butter by 45%, of cheese by 66%, of dried milk by 21%. Under the giveaway program, the U.S. in 1954 distributed a total 1.7 billion Ibs. of excess butter, cheese and dried milk, much of it free to welfare agencies at home and abroad, treble the amount disposed of in 1953. Together...
Some four million visitors (300,000 last year) have toured Longwood, admired the sunken gardens, marbled conservatory, the great crystal chandeliers and thousands of blooming plants (flowers are replaced before wilting). Hereafter, the pleasure which visitors take in the agapanthus and the vanilla vines will grow or shrink (depending on individual personality and politics) with the thought of that $60 million. Longwood's taxexempt, gilt-edged lilies will toil not, nor spin; they may invite some musing future Coolidge to murmur: "Some shareholders...
...neutral countries, I should urge my government, and any other neutral government that might be willing to listen, to take very active steps to persuade both sides simultaneously to abandon the threat of war as an instrument of policy. It may be feared that neutral governments will shrink from a task which is likely to offend the most powerful nations of the world, for there is one matter on which all the powerful nations appear to be agreed, and that is that neutrality is an offense against morality and decency...
...news from Mars-brief as it was−was good. Astronomer E. C. Slipher, of Lowell Observatory, Flagstaff, Ariz., recently returned from South Africa confident that Mars, which often suffers from drought, has had an unusually fruitful year. At any rate, the markings on Mars, which shrink and grow with the changing Martian seasons and are believed to be due to vegetation, are bigger and more intensely colored this year than any Dr. Slipher has seen in his 50 years of Mars-watching...