Word: offseting
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Healthy British humor continued to offset even such grisly prospects. In the Evening Standard inimitable Low cartooned two Britons with back-scratchers in a Turkish bath, one saying to the other: "Gad, sir, Mussolini is right! How can we expect him to behave decently, if we object to his dropping gas bombs...
Another front-page story, jesting at Mayor Fiorello LaGuardia's plans for a New York City municipal power plant, reported that Consolidated Edison was about to turn the tables by founding a "yardstick" city to be "colonized and owned by the company's stockholders, who hope to offset the losses from New York City's competition in the utility field by the saving in taxes resulting from operating their own city...
...though unlikely, that the Ford family drew down enough dividends to hide the real profit figure. As the rich go, the Fords can hardly be called spenders. Wages and other operating expenses were higher last year than in 1934, but the tremendous rise in volume should have more than offset increased costs. Henry Ford's explanation, were he ever to give one, would probably be that he is not interested in profits, only in cars...
Since Publisher Knox suffered a moral defeat in Illinois, the real victor of the primary season was Governor Landon, whose half-defeat in California was offset by the margin of his victory in New Jersey. Last week as Landonites went about preening themselves, Postmaster General James Aloysius Farley mounted a platform in Grand Rapids, Mich, to crack their candidate as follows...
...most U. S. businessmen would have only academic interest in devaluation of the franc unless Britain deliberately pushed down the pound, perhaps leading in turn to another cut in the dollar. Consensus was that no such cycle would follow, that in world conditions recovery in France would more than offset the temporary confusion caused by a franc cut loose from gold...