Word: boosted
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...Tories themselves did not meet the issue headon. They avoided any call for conscription, the only real way to boost the Canadian forces much higher than 69,000. Though Canada is the only major power of the North Atlantic alliance without a draft law, the Tories recognized that there is little active sentiment for conscription (chief support has come from the Canadian Legion and some newspapers). They also made their timid obeisance to the traditional isolationism of French Catholic Quebec, which bitterly opposes the draft even when the enemy in sight is the enemy of its faith...
Early this week Attlee announced to the House of Commons a stepped-up rearmament program envisioning 1) a 30% boost in defense spending ($13,160,000,000 instead of $10,080,000,000 over the next three years); 2) doubled arms production this year, quadrupled production next year; 3) call-up of 245,000 army and air force reserves for 15 days of training this summer; 4) call-up of 6,600 navy reserves so that additional ships can be commissioned...
...reviewing music for the Chicago Journal of Commerce. She had no musical training, but she knew what she liked and said so in quotable phrases, sometimes purple. The Journal lost her to Marshall Field's new Chicago Sun. In 1942 Bertie McCormick took her away with a fat boost in salary, which is now over...
...stop this, FRB has been pushing for higher interest rates on Government securities, to induce banks to hold them. Since a rise in the Government rate would also boost private rates, an increase would also make private loans more expensive and cut them down. Last summer, FRB, by a tricky maneuver, boosted the rate on short-term Government securities (TIME, Sept. 4) and hoped to do the same for long-term bonds. But a fortnight ago, Secretary Snyder, who had lost last summer's battle, announced that he had won the war. He had won the President...
...owned Railways and Harbors Administration. In addition, the private banks put up a $20 million credit to be used for whatever South Africa needed. One-fifth of the equipment will be bought in the U.S., the rest in the United Kingdom. With the new equipment, South Africa hopes to boost gold production in ten years from $408 million a year to $575 million, pay off the loan with ease...