Word: slashe
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...immediate effects of the measure remained in greatest doubt. Any reduction of tariffs of course treads on certain toes with resultant squeals. While one school of economists hailed Blum this week, another considered the Premier to be taking the risk of snatching away from French producers by his tariff slash benefits which he had just conferred by devaluing the franc. Apparently the Premier's idea was to keep prices in France from rising by letting in cheap foreign goods. He thus played the card of Devaluation in a manner exactly opposite to that of President Roosevelt whose objective...
...teachers have had a full-fledged union affiliated with the American Federation of Labor since 1916. Ten years, during which they lobbied earnestly for higher salaries, pensions and tenure laws, left American Federation of Teachers with only 3.000 members. Then Depression forced school boards to slash salaries, and by 1934 A. F. of T. had 302 locals. 35,000 aroused and militant members. Although it still represents less than 2% of the 2.000,000 U. S. schoolteachers. A. F. of T. assembled for its 20th annual convention in Philadelphia's Hotel Sylvania last week to face all the problems...
...From kraft is made liner board for shipping containers, which account for about one-half of Container Corp.'s unit volume. The company now imports some 32,000 tons of kraft pulp annually, mostly from Scandinavia. In the South pulp can be made for $18 a ton from slash pine. To smart President Paepcke this means that his new Florida mill will cut Container's kraft costs by $10 per ton, save the company some $320,000 per year as its own best customer. If President Paepcke can sell the rest of the new mill's output...
...conference itself was conspicuous for its lack of New Deal animosity. A good many sessions were devoted to familiar Chemurgician products like soy beans, tung oil (for paint), Jerusalem artichokes (for alcohol), slash pine (for paper). A "Pioneer Cup" was awarded to Leo Hendrik Baekeland, father of the plastic industry (Bakelite), though that aging chemist did not bother to come out of his Florida retirement to receive it in person. Mr. Garvan delivered his usual harangue in favor of blending alcohol with gasoline. But most of the speakers were either technical experts or working vice presidents of corporations...
Senator McKellar of the Senate Appropriations Committee protested yesterday that J. Edgar Hoover's "G" men were running wild with Government money, and he advocated a $225,000 slash in the Department of Justice allotment for the coming year. Mr. Hoover appeared in person to defend these charges, and insisted that any cut in governmental appropriation would encourage a new crime wave, as well as seriously hamper the Department's work...