Word: boosted
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...slump began in textiles, oil and other industries before the U.S. downturn. On top of that, President Ruiz Cortines cut back federal spending sharply. Recently, however, the government 1) began to spend for public works to check the business decline, and 2) devalued the peso to help boost exports and spur the declining tourist trade...
NICKEL PRODUCTION will soon get a healthy boost. Cleveland's M. A. Hanna Co. (bossed by George Humphrey until he became Treasury Secretary) will start producing the critical metal in July at a rate which will reach 13,720,000 Ibs. a year by 1956 (eleven times present U.S. production) in a new $20 million plant at Riddle...
...Lines, as board chairman. He has big ideas for the 1,800-mile line. He wants to pay off the remaining $4 a share of back dividends on preferred stock, then start paying dividends on the New Haven's 525,789 shares of common stock. He hopes to boost long-haul passenger traffic by faster trains, is toying with the idea of a low-slung aluminum train something like Spain's 120-m.p.h. Talgo express that could zip from New York to Boston in fewer than three hours. He plans faster, better service for commuters, thinks...
ORGANIZED labor, most Democrats and some Republicans are demanding that the Administration "do something" about the business decline. The "something" usually includes a boost in individual income-tax exemptions, easier credit, and a massive program of public works. But most of these worriers overlook what the Administration has already done to combat a recession, notably in the fields of taxes and credit. Among the steps taken in the past year...
Crimson football fans, expecting a price cut because of the recent repeal of the excise tax on intercollegiate athletic tickets, received a jolt yesterday when the H.A.A. announced a boost for the 1954 season. Rates will rise across the board, with increases varying from 20 to 50 cents...