Word: boosted
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...radical" proposals that would haul Britain from the quicksands of near-bankruptcy. But they heard none. Instead, Butler dryly recited the twice-told tale of how the Tories have somewhat staunched the drain on gold and dollar reserves-a story of more austerity and cuts in imports, a slight boost in coal production, and an end to cheap credit. Now, continued Butler, Britain's $13 billion rearmament program, begun so bravely in early 1951 by the Socialists (with full Tory support), will assume under the Tories "a new pattern." Defense production would be cut somewhat to allow more manufacture...
...sales and a 20% drop in profits to $28 million. The profit drop, said President Ralph Cordiner, resulted from G.E.'s high proportion of defense orders, on which profit margins are small. In all cases, the impact of taxes was enormous. Radio Corporation of America managed to boost sales 22% to a record $142 million, but was able to hike its net per share by only 3?, to 25?. Reason: R.C.A.'s taxes were up from...
...kind of seizure to end the dispute. Why not seize Presidential Assistant John Steelman and Price Boss Ellis Arnall and ship them back home to Arkansas and Georgia? The idea had some merit. Steelmakers, in the firm belief that they had a promise from Steelman for a $5.20 boost in prices, had come close to agreement with the union on wages and a form of union shop. Then Steelman withdrew the promise...
...drive home the point, Arnall turned down a request by Weirton Steel Co., which has already granted a boost of 16? an hour to its nonstriking independent union, for any increase bigger than the $2.84 the company was entitled to (even before the wage boost) under the Capehart amendment. Said Arnall: This "definitely and completely repudiates, withdraws or reverses" any previous Government promise to the industry. To newsmen, trying to keep up with the giddy on-again, off-again Government offers, Arnall said: "It is rather confusing...
...probably assure the company a profit, McNab is sure he can get the money. If he does, he estimates that by 1958 San Manuel will annually be turning out 140 million Ibs. of copper, an increase of 8% in U.S. production, and 6,000,000 Ibs. of molybdenum, a boost...