Word: lowering
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Dates: during 1930-1930
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Meanwhile the prospect that New York might yet be the first State to go in for the wholesale production of power had moved the big power companies that serve New York City to volunteer lower rates. Last week acrimonious hearings were held before the Public Service Commission on the proposal of the New York Edison, Brooklyn Edison, United Electric Light & Power. Bronx Gas & Electric and New York & Queens Electric Light & Power to reduce the domestic rate from 7¢ to 5¢ per kilowatt hour but to add a 60¢ charge to every monthly bill for "meter service." Such a rate...
President Hoover hoped for three things to maintain the lower tax rate: 1) a sudden increase in customs receipts; 2) $75,000,000 economies in his departments; 3) cash instead of security payments by foreign debtor nations to be applied to current expenditures...
...Warner ailment was a suit for receivership, brought by a 300-share Boston stockholder who alleged mismanagement and excessive prices paid for real estate and theatres. President Harry M. Warner immediately declared that the suit was solely for the purpose of driving the stock even lower than it has been...
...client. He charged her $2,500, paid the gallery nothing. On two counts the gallery sued: 1) for the unpaid commission; 2) for $100,000 injury to the gallery's artistic reputation. Clients would be led to believe, it was claimed, that first-class oils are obtainable at lower rates without the aid of an entrepreneur, by dealing directly with the artist. Last week New York Supreme Court Justice Schmuck ordered Defendant Christy to pay the $1,500 fee, threw out of court the damage charge as "founded on logic far too speculative for the court to follow...
...Raymond), who for 25 years have occupied a country estate near Richmond Heights, Ohio, asked an injunction against the airport, which was constructed across the road from them last year. Judge George P. Hahn upheld the right of the airport to operate, but enjoined its planes from flying lower than 500 ft. over the Swetland's property even in taking off or landing...