Word: slashe
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...reached a record high of 121 (the 1948-49 average: 100). In Australia the whirling chase of money after goods has doubled prices in ten years. India's prices have leaped so crazily (wholesale food prices were up 54% in two years) that the government has had to slash its vital five year plan and bombard all capitals with supplicating cries for investment cash. Brazilians' living costs have more than trebled since 1950; Chileans' have risen twelvefold. Britain's index has shot up 43% in seven years, and France's latest 10%-20% price zoom...
...view of the gravity of the situation explained to me by the President, I do not think I have the right to refuse." In 1952 Conservative Antoine Pinay had made himself a hero by "saving the franc." But last week his proposals to hold the line on taxes, slash expenditures and economize on France's burgeoning social security setup promptly met Socialist hostility, and it looked as if Coty would have to find somebody else to save the franc...
...Coal and Steel Community at Luxembourg to withhold approval of the Ruhr coal-price hike. To back up the appeal, Erhard wheeled up his biggest price-defense weapon-his power to let more competing imports into the country. As a starter, he ordered his ministry to prepare schemes to slash rail freights on foreign oil and U.S. coal. At week's end the coalmen were still holding their prices up, and Erhard was stubbornly getting ready to fire the gun of low-priced imports that always in the past has knocked them down. Nobody was betting that it would...
...titanium and its lightweight cousin, zirconium. National Distillers will bring to the merger its new $24 million plant for titanium and zirconium sponge and a cushioning $22,650,000 Atomic Energy Commission contract for zirconium, which is used in reactors. More important, National has found a way to slash the sponges' high cost by using liquid sodium instead of magnesium in the reduction process. Together, the two companies hope to have enough resources (assets: $55 million) to cut costs and to develop civilian uses for the metal whose military market is being cut back...
With the eat-'em-ups and the slash-'em-ups proving by good grosses that there is plenty of room at the bottom (said one flabbergasted distributor: "I don't get it; I can't even stand to look at the stills"), the next step in low, lowbrow cinema was a marriage of the undead with the underdone: I Was a Teenage Werewolf (Herman Cohen; American-International). Plot synopsis: a mad psychiatrist turns a sensitive adolescent into a hairy, ravening beast. Says 30-year-old Producer Cohen: "I heard that 62% of the movie audience...