Word: offsets
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...newsmen, in its ineffective days, as the "Third Farce"). One of Lebanon's most able and respected politicians, Edde ran unsuccessfully for the presidency against General Chehab. When trouble started again, he proposed a "save the nation" Cabinet of four leaders of the embattled factions. To offset Karami's Nasserism, he proposed as deputy premier a fellow Maronite Roman Catholic who wants no part of Arab nationalism. A moderate Moslem was picked as No. 3 man, and Edde himself...
Glowing Wings. But soaring 100 miles above the earth is only a first step. Greater peril comes when the pilot starts down through the atmosphere to land. To offset the ferocious heat generated by the air's friction, the X-15's skin is made of Inconel X, a heat-resisting alloy that keeps its shape at a brightly glowing 1,350° F., when aluminum and ordinary steel have long since softened. Liquid nitrogen, which will not support combustion, is used as a coolant for both pilot and equipment, and is also vaporized to maintain pressure...
...rise in productivity is vital because it helps offset rising labor costs, a big push behind inflation. So far, productivity is running ahead of 1958 wage hikes; autoworkers settled last month for more moderate terms than in recent years (4% wage rise for Ford). The cost of the new contracts has already been written into 1959 car prices. Said Frederic G. Donner, chairman of General Motors, in Manhattan last week: "I think it's fair to say that the contract, as we have signed it, would not require any further adjustment in prices...
Fort Pitt had once been Pennsylvania's top brewer, but a strike had laid it low. Its big asset to Coleman and Siegel was a $1,800,000 loss that could be offset against profits if merged with a profitable company. With $1,500,000 in bank loans, they merged two profitable overcoat companies (owned by Siegel's family) with Fort Pitt, and wound up with control of Fort Pitt...
...Band one of the five recommended charities, Lionel B. Spiro '60 noted that the organization had suffered "quite a big loss" in the recent fire which destroyed part of the Band's music. The Band, he said, is not able to conduct a drive to raise the money to offset its loss, due to a possible conflict with the Program for Harvard College...