Word: slashe
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...also a year's-end audit of U.S. books in China. Admittedly on the debit side was the failure of General Marshall's mission to break the Kuomintang-Communist deadlock. But on the credit side was the repatriation of nearly 3,000,000 Japanese troops, and a slash in U.S. troop strength from 113,000 to less than...
Budget. John Taber, the man with the voice of a stentor, said he saw the way to slash $9 billion from the federal budget. This was a "minimum," he said. Senator Taft recently vowed that the Republicans could make a $13 billion cut once they got their hands on the budget. Some of the savings Taber saw would be in nonrecurring items (e.g.: food subsidies, Export-Import Bank, World Bank and World Fund). On other items Taber promised to use a sledge hammer if necessary. Items which immediately met his eye: $2.5 billion from Army & Navy; $2 billion in terminal...
...during the past month, one-half of what it did during four years of war. Economy-minded legislators, in their desire to operate a low-cost government, are apparently ignoring the necessity of maintaining military forces in Germany and Japan sufficient to insure successful Occupation. President Truman's proposed slash of the Army and Navy allotment by almost one-half has been criticized by Senator Taft, whose suggested 1947 budget cuts the Truman expenditures by over sixteen billion dollars. Running the country with lower expenditures may be justified in the termination of the emergency and the dissolution of many...
...instance, claim that they still do not know whether or how much or when the U.S. would be willing to lower its own tariff barriers in exchange for a relaxation of the Empire Preference system and British import restrictions. They know that the U.S. President has powers to slash tariffs as much as 50%, but they imply (as politely as possible) their doubts that Harry Truman could actually do so at the moment...
...belief that the stampede would slash future demands for feed, corn prices dropped 32? a bushel. Wheat was down also, along with oats. By week's end, the Dow-Jones commodity-futures index had fallen seven points, the biggest since 1933 when the index was started...