Word: slashe
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...Homma-Wadi el Akarit line the performance was repeated. And while the final break-through was being readied by General Sir Harold R. L. G. Alexander's ground forces, Coningham's airmen continued their slash-and-bomb tactics. They were still at it when the last resistance on Cap Bon finally broke down...
Fast and Slow. One bad result, according to the report, is that the Price Boards often slash the profits of a fast, cheap producer just as much as they cut earnings of a slow, inefficient manufacturer. Asked the Committee: "Who can contend that it is excessive, unfair or unpatriotic for [the good producer] to receive a substantially greater profit, both in percentage and in dollars, than [the poor...
Outstanding Committee recommendations: 1) immediate unification of renegotiation administration and policy; 2) boost the exemption limit from $100,000 annual sales to $500,000, thus slash the number of companies to be renegotiated from 85,000 to 20,000; 3) eliminate duplicate Government audits (i.e., price board and income tax); 4) tone down procedure so that refunds will not be forced in a manner to hamper production. Finally, the Price Boards should reverse their "consistent attitude" and make some allowance for postwar reserves. Said the Committee: "It does not aid . . . the peacetime manufacturer who has been put out of business...
Blows & Counterblows. Like three great scythes, Red Armies were trying to slash their way through and behind the German positions in south Russia last week. Said Moscow's Red Star: "By strengthening our blows we will be in a position to surround new masses and inflict new losses. The harvest will be great if we can reap it in time...
...plan would distribute $2,700,000 cash). This fat payoff permits the new plan to give a much better deal to junior security holders and at the same time stay within the framework erected by ICC-a 17% cut in capitalization to $560,000,000, a 40% slash in all interest charges to about $15,000,000 annually. Other details...