Word: slashe
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...dinner at the home of Minister of State Raul Roa, and talked until 2:30 a.m. Bonsai had sore topics to fire away at, including 1) fair-compensation for the $300 million in U.S. sugar holdings now facing expropriation, 2) the 21% rate slash forced on the $272 million U.S.-controlled-Cuban Electric Co., and 3) the 87 U.S. citizens arrested over the past eight months...
RATE-TEST CASE that was won by railroads will bring lower rates for freight shipments in competition against truckers. ICC precedent allowing roads to slash paint freight rates was first major test for transportation act to aid ailing railroads...
...debate's end the House, by 279,136, upheld Otto Passman, upheld the Appropriations Committee's slash of foreign-aid funds from the President's $3.9 billion to $3.1 billion, including $435 million lopped off U.S. military aid to U.S. allies...
LONG-DISTANCE PHONE rates will be cut 5? to 25? per call in mid-September to carry out FCC order for $50 million overall rate slash by Bell System. Sliding-scale reductions will be greater for longer distances, especially for calls over 675 miles, e.g., New York-Chicago for first three minutes will cost $1.45 v. current $1.50 rate; New York-Los Angeles $2.25 v. current...
...FREIGHT RATE SLASH of 50% is expected after delivery of turboprop cargo planes ordered by Pan American World Airways from Lockheed at cost of $60 million. Scheduled for early 1962 delivery, the twelve Super Hercules planes will carry 35-ton payload nonstop across Atlantic, cruise at 360 m.p.h...