Word: offseting
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These rises were partially offset by the continued weakness of farm prices, notably wheat. But farm prices steadied some last week after the Agriculture Department announced emergency loans would be granted for wheat "stored" in the open...
...this week it dropped another 10 cents a bushel. Chief reason: the Agriculture Department had raised its final estimate of the 1953 wheat crop to 1,132,500,000 bu., almost 100 million bu. higher than the estimate made a month earlier. This was more than enough to offset the week's more encouraging news, i.e., President Eisenhower's request that the U.S. send Pakistan 1,000,000 tons of wheat...
...public blew even more, withdrawing $25 million from private savings accounts in less than two weeks. Receipts from U.S. tourists brought in a useful $17 million, the equivalent of two weeks of British exports to the U.S., but the loss of coal production (over 1,000,000 tons) offset this gain...
...member American Council of Christian Churches circulated a petition among clergymen asking for an investigation of the Churches to combat the infiltration of Communists. "The preservation of both civil and religious liberty," said the Council, "calls for such an investigation." The group, organized in 1941, sought to "offset the modernist, Socialist influence of the National Council of Churches...
...electric chair. . . They came from all kinds of homes and environments. In one respect, they were all alike. All were poor, and most were friendless. To what end or purpose were these victims sent to their premature deaths?" Surveys of executions in the South show that five Negroes offset every white condemned to death...