Word: undercutting
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Pressing Problems. Amid all this prosperity and progress, the textile makers do have their troubles. Imports have almost quadrupled in the last decade, as foreign producers, with lower wage costs, have undercut American prices in cotton, wool, and synthetic fabrics. To keep their own wage costs down, U.S. textile firms have built nearly all their new plants in the Southeast and have vigorously opposed union attempts to organize them. Only a couple of weeks ago, the National Labor Relations Board, in an unusually strong order, ruled J. P. Stevens guilty of "flagrant" violation of federal labor laws, accused the firm...
...attack Chile's President as "a coward and reactionary" who had "promised revolution without blood but has given only blood without revolution." Castro's castigations struck many Chileans as an outsider's interference in domestic problems, and coupled with Frei's television address helped to undercut support for the FRAP-led general strike...
...self skillfully--and riotously. As one of the minor characters (a captain in the Venetian police) Nick Smith steals a scene with his impersonation of a Brooklyn cop. One shortcoming does stand out amidst the otherwise excellent caricatures: occasionally the young soldier Leone understates the egocentric bravado which should undercut any respect we might have for his heroism...
Despite the British boycott of tobacco, Rhodesians were still planting it in hopes that by the time their crops mature next April they will be able to find a market. Despite stringent trade and currency restrictions designed to undercut the Rhodesian pound, the new nation's hard currency reserves actually increased by $2,224,000 last week. The settlers might grumble at Smith's austerity taxes, which sent the price of Scotch whisky up to $5.46 a bottle, but the majority of them still supported him -and resented what they considered British treachery at trying to force them...
...nature. Most of us allow the technological age to alienate us from aesthetic experience. We can't look at nature without seeing beer cans. "Pop" and "Op" art have dominated the art market for more than two years; but they don't present a new trend. Instead, they undercut traditional artistic values and divert out attention away from aesthetic experience as a defense against this discomforting sense of alienation...