Word: undercutting
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What will the meeting produce? With so many conflicting interests, proposals and threats, perhaps the only certainty is that the splits among its sponsors will deepen. But the have-nots do seem fairly well united behind a Soviet proposal to undercut the 60-nation General Agreement on Tariffs and Trade (GATT). The Communist nations are blackballed from GATT, and the underdeveloped view it as the rich man's guarantor of the unsubsidized order of world trade. GATT has enough Western support to survive; but there will probably grow up alongside it some broader if looser trade machinery that will...
...This is a social movement that has been building since 1920," he says. "The eruption happened because of the NAACP. Officers of the NAACP began the first sit-in in Greensboro, North Carolina." Has the rise of the Congress of Racial Equality and the Student Non-Violent Coordinating Committee undercut the NAACP's importance in the Movement? "Hell, SNCC's our baby! We raised them! We got 117,000 new members last year, they have only 150. How can you call them a Movement? They're just a club...
Paris was unwrapping its Spring fashions, and last year's dictator of decollete, Dior's Marc Bohan, 37, was still in there plunging. Necklines were slipping in practically every big fashion house, but Bohan was a hard man to undercut, clearly wound up on the bottom of the heap. His biggest surprise was moving the bared bosom into broad daylight, and one billowy-sleeved, pleated-skirt afternoon number called the "Tom Jones" was so generously scooped that a single false step-and zut! alors! "We think women are glad to have such decolletage," said a Dior spokesman...
...greater benefits. Since then, the U.S. has offered higher wages for Panamanian workers and half a dozen other concessions-along with twin flags as evidence of Panama's "titular sovereignty" over the Zone. But that satisfied neither Panama nor oldline U.S. residents, who feared that it would undercut their privileged position. Chiari has not yet spelled out his precise demands. But he surely will ask for greater control over the Zone and a vastly increased share of the revenues-he once mentioned $10 million a year...
...shambles, losing money at the rate of $8,500,000 a year. Lechin's miners elected him president of the entire Bolivian Workers Federation. By 1960, too powerful to be ignored any longer, Lechin was made Vice President on the ticket with Paz and started plotting to undercut the President himself...