Word: offseting
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...hasten to endorse the idea of "Friends of TIME"-Society for the Combating of Bigots, it might be called (TIME, Jan. 14). I herewith pledge my contribution to offset the Army man's popgun shot fired down Puerto Rico way; it gave me a hearty laugh...
Offering to postpone action for higher rates designed to offset soaring taxes, Mr. Carlisle proposed that the electrical subsidiaries of Consolidated Gas adopt the so-called Washington Plan for progressive rate reductions, with an immediate cut as a starter...
Taxes. "I do not," said President Roosevelt, "consider it advisable at this time to propose any new or additional taxes." The object of his budget-unbalancing would, in fact, be impaired by new taxes because the inflationary effect of huge government spendings would be offset by the deflationary effect of higher taxes. Nonetheless he made his desire plain: the nuisance taxes which automatically expire next summer must be re-enacted, the 3? rate for non-local first class mail must be continued...
...What could their company do with $60,900,000 cash and $50,976,000 in marketable securities on the last financial statement? It did not take a director to see that 1) in the present cheap money market G. E. could not earn enough on cash and Governments to offset what it has to pay out in fixed dividends on special stock and interest on bonds, and 2) that no new orders for electrical equipment were so large as to call for heavy outlays of the company's cash in the near future. Therefore the directors hiked up their...
...offset that, however, my social popularity has increased as much as if I had learned to play the piano, gotten rid of halitosis, used Lifebuoy, or spoken to the waiter in French...