Word: boosted
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Confusion over the legal issue in the steel disputes deepened yesterday when the U.S. Court of Appeals ruled, in a 5 to 4 vote, that the government is permitted to raise wages in the industry. Secretary of Commerce Sawyer said, however, that no boost is planned...
...that the Government would give the Government-operated plants a price rise? Not if Price Stabilizer Ellis Arnall could call the tune. Georgian Arnall lashed out at the companies for their insistence that the WSB benefits would add $12 a ton to production costs. Steel could have a price boost under the Capehart Amendment of $3 a ton, he declared, but no more. "I'm not going to any Munich ... If the price of peace is surrender and a steel price increase, we're not going to have peace . . ." The companies struck back with full-page newspaper...
Great Britain, long accused of retarding the birth of the European Army by its refusal to participate, gave the project a hearty boost last week. Whitehall announced that Britain would sign a treaty guaranteeing to provide "all the military and other aid and assistance in its power" to any of the six European Army nations if attacked by an enemy. The pact will make Britons and Germans formal allies for the first time since the Napoleonic...
Aircraft. Consolidated Vultee's sales were up from $61 million to $87 million, its profits off from $1.7 million to $1.5 million. However, Douglas, with a 106% increase in sales, was able to boost its net also, from $1.7 million...
...André Michelin, the bearded brothers who invented the first removable bicycle tire and are credited with the introduction of the pneumatic auto tire. With the advent of the horseless carriage, André Michelin figured that a reliable guidebook would give both tourism and the tire business a boost. He was right. Today the Michelin Tire Co., still family-owned, is one of the biggest in the world. Worth some $57 million, it has plants in France, Italy, Britain, Belgium, Spain and Argentina. Michelin loses about $57,000 a year on its little red guide book, but it has spread...