Word: slash
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Dates: during 1940-1949
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Several other stores in the Square, including J. August Clothes, the Coop, Hayes-Bickford Cafeteria, and the Waldorf Cafeteria announced price reductions in selected items, but indicated that no general slash had been made...
Responsibility for working a way out of the bust has been left squarely in the hands of business. A presidential suggestion for industry-wide negotiations for a slash in prices, to cushion their effect, ran into an opinion of the Attorney General that any such agreements would run counter to the Sherman Anti-Trust Law and would be illegal. Since they cannot do it collectively even in the public interest, business men will have to act on their own, in self interest. The nation can only hope that their self-interest operates quickly enough...
...House had voted for a $6 billion slash. Senate Leader Bob Taft wanted a $4.5 billion cut. But young William Fife Knowland, the junior Senator from California, was determined to have $3 billion of the budget earmarked for reduction of the astronomical national debt, and that could not be done if the Senate approved the cut advocated by Ohio's Taft...
...Slash rates to increase its freight and passenger traffic an estimated...
...G.O.P. was adamant. By a 239-to-159 vote, with Maine's Margaret Chase Smith the only recalcitrant Republican, the House approved the $6 billion slash and sent it on to the Senate...