Word: offsets
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...Second Trouble. By that time Labor had developed an acute distaste for a system of cutting down supply which also cut down wages by 25%. But Labor had another major complaint. The mills were trying to offset high wages by resorting to the "stretch-out," the hated practice whereby a worker is forced to tend more and more looms. These were not the only two troubles which NRA had brought. Section 7 (a) had sent the A. F. of L. out on a mighty crusade to unionize the industry. With the prestige of the Recovery Act behind them...
...their operating costs, the restoration of pay cuts on July 1 another $156,000,000, and increases in materials and equipment prices still another $137,000,000?a grand total of $359,000,000. Newshawks soon learned that they were considering an increase in freight rates to offset these costs. A terse, typewritten statement made public by the Association at the close of the meeting did not confirm this in so many words, but it emphasized that the "railroads have no sources of income other than money received for services performed for the public, and they are faced with...
...greatest boatload of stalwarts that he has collected since he went to New Haven in the fall of 1922. It is not the most finished crew at present, but it is probably the most powerful. If the crew rounds into form at New London, its great power may offset any lack of finish...
...matter where they are based. No football coach works the backfield out on one field, the line on another. During the remainder of the Hoover regime the Fleet was kept on the West Coast on the grounds of "economy." Any paper savings from this mass formation, however, were offset by the necessity of sending ships back through the Canal to East Coast yards for repair to keep those yards in operation...
...blamed dollar stabilization and brokers blamed the threat of regulation. But more disinterested observers laid it to the flattening curve on the business chart. Trade was still far above last year but the amazing Easter retail boom had tapered off. The drought-inspired rise in commodities was more than offset by fear of a staggering drop in farmers' incomes. Power production was well above the same week of 1933 but a 2% decrease from the previous week was more than seasonal. Automobile production was still setting "not since" records, but Detroit was thick with reports that the industry...