Word: offsets
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...teeth of such hopes, Weeks proposed last week that tariffs high enough to offset "differences in domestic and foreign labor costs" be fixed on manufactured goods in order to protect "the standard of living of American labor." Professional tariff lobbyists endorsed Weeks's idea. And Pennsylvania's high-tariff Republican Representative Richard M. Simpson said: "Those of us who believe in more protection rather than less take satisfaction in Secretary Weeks's speech, especially because he is a member of the Cabinet...
...reason is that cheap foreign labor is usually offset by low productivity and lack of capital needed for investment in efficient plants and machines. Removing tariffs would certainly help foreign producers. But the main obstacle to big volume sales of foreign goods in the U.S. is the nature of the American market place itself...
...Brown student council--The Camarion Club--works to offset this split. Drawing its membership largely from the independents, the C.C. has a strong influence on the Brown campus. All organizations must submit constitutions to the club before they organize and the faculty is eager to listen to C.C. recomendations. Recently, after a two year absence, keg beer was returned to College Hill at the council's petition. The Camarion is now considering a plan to place Brown under an honor system. Side by side with the student council, the independent, commutor, and fraternity councils attempt to weld the college into...
...September rise was less than 2%. Last week the Bureau of Labor Statistics announced that its index (1947-1949 = 100) reached 115.2 in mid-September. It stood at 113.4 m February, 115 in August. Between August and September food prices dropped a little, but the decline was more than offset by increased costs for clothing, housing, recreation, medical care, services...
...Stuart believes that such free-wheeling research is the best way to assure his company's growth. "I get tired," he says, "of hearing all this defeatist talk about how it is impossible for a company to continue to grow under this tax structure ... All it takes to offset them is a little extra sweat, a little more guts, and quite a bit more brains...