Word: slash
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Dates: during 1950-1959
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...slash in mortgage interest rates to as low as 4% from as much as 12%, further pleasing working-class tenants but virtually paralyzing new real estate ventures...
Further economies still can be effected throughout the entire H.A.A. For example, sweatshirts, baseballs, and other pieces of equipment often are "lost" by players during the season. Airline transportation to rained-out baseball games is an avoidable expense. Two encouraging moves in this direction were the across-the-board slash in all teams' budgets last June and reports written this year by varsity captains suggesting new economies...
WASHINGTON, March 16--Any slash in President Eisenhower's $3,930,000,000 foreign aid program would show "we are weakening in our determination" to oppose mounting Communist pressures, Acting Secretary of State Christian A. Herter said today...
Though the Treasury has long opposed such cuts, it is beginning to heed the rising chorus from businessmen that a tax slash would actually benefit the budget by reducing the need for foreign aid. Last week the Treasury was actively considering some tax concessions to spur foreign investment...
...voice of Agriculture Secretary Ezra Taft Benson last week during his grim, two-day appearance before the Agriculture Committee to argue his case for lower price supports.*The arithmetic of Benson's battle fatigue: when he took over as Agriculture Secretary six years ago, he vowed to slash the cost of farm programs, which had averaged $1.5 billion a year in 1950-52; but in 1956-58, Agriculture Department outgo averaged $4.5 billion a year, and in the current fiscal year the total is estimated at a shocking $7 billion. The Federal Government's inventory of wheat, corn...