Word: offseting
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...preponderant effect of the Roosevelt program to date has been drastically deflationary. Four billion dollars was tied up in closed banks. Public savings curtailed private spendings. Even the psychological advantage of a balanced budget failed to offset this downward trend. Last week, however, the President's larger program became more clear. The budget was to be balanced so that the Government could borrow fresh billions and thereby prime the pump of U. S. business! Credit inflation on a colossal scale loomed ahead. Only if it failed to produce results would the White House lend an ear to the moonlit...
Public Confidence. Lighter-than-air enthusiasts would have welcomed evidence of sabotage, even of mishandling, to offset public conclusion that an airship is not to be trusted in a storm. For the Akron had been accepted as the answer to the stupendous list of airship casualties which had preceded...
...most conspicuously absent) were represented at a Preparatory Unemployment Conference. Their goal : a 40-hr. work week treaty for all the world. Labor's delegates demanded a cut in working time without a proportionate decrease in wages. Capital's delegates stood firmly for a wage cut to offset increased production costs. Britain pooh-poohed "this phantom of a 40-hour convention" whereas Germany warned that the alternative was government doles for years without end. It was estimated that the world is already spending $120,000,000,000 per year to keep its jobless alive...
...Crimson, starts participated. In the league match on the preceding afternoon against the Business School, the college A team eked out a scanty triumph of 3 to 2. In the feature game, the ability of Robert Grant'35 to return many of the neo-aces of Patterson did not offset his inability to prevent the ball from coming off the back wall, and he bowed before the former Harvard squash captain's experience and finesse. The blasting drives of J. G. Cornish ocC, spelled the immediate defeat of Clark. The last three matches were somewhat colorless, apparently none...
...courses or an extension of the function of the Adviser to include greater responsibility than he now feels for the intellectual development of his students would involve considerable expense if much improvement is to be made, Fortunately, the large increase in the number of new men has been partially offset by a shrinkage in the Sophomore enrollment...