Word: slashings
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...they have no common African language), pledged themselves to find ways of "re-enforcing" their union. But actually they were far apart. While Ghana is so flush with its latest cocoa crop that it is embarking on a $930 million five-year development program, Guinea has had to slash government salaries and adopt a budget that leaves no funds at all for development...
...what the British called "exceptional" U.S. engineering methods, Kaiser cut projected costs from $900 million in the original British plan to $600 million, boosted power capacity by 40% and aluminum capacity by 10%, reduced building Lime from eight years to five. Equally important, Kaiser's Volta plan would slash power costs-now 23 mills per kw-h in Ghana-to 2 or 2½ mills for aluminum processors, 6 or 7 mills for others. Such a price is reasonable enough to spawn a whole family of new industries in Ghana...
...slash in mortgage interest rates to as low as 4% from as much as 12%, further pleasing working-class tenants but virtually paralyzing new real estate ventures...
...first hint of a change in Soviet thinking was Khrushchev's slash in funds for hydroelectric plants last August. According to western economic theories, the maintenance cost of such plants makes them uneconomical as a power source...
Further economies still can be effected throughout the entire H.A.A. For example, sweatshirts, baseballs, and other pieces of equipment often are "lost" by players during the season. Airline transportation to rained-out baseball games is an avoidable expense. Two encouraging moves in this direction were the across-the-board slash in all teams' budgets last June and reports written this year by varsity captains suggesting new economies...