Word: wipe
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...funds were inadequate, deductions would be made from payrolls in return for stock in new enterprises. In effect, the development bank would operate like an investment trust in the U.S., diffusing stock ownership over the maximum number of depositors and eliminating the risk of a bad investment that might wipe out a single investor's capital...
RECIPROCAL TRADE will be major congressional battleground next year when current laws expire. Protectionists are gaining strength in Congress; they will push hard to wipe out laws under which President Eisenhower can lower many tariffs whenever similar concessions are granted by foreign countries. White House has given notice that it will fight to have laws extended, though it may have to accept some changes...
...Handed. In Detroit, Lawrence Mish was nabbed for turning in a false alarm from a newly painted fire box when a fireman spotted him trying to wipe red paint off his hands...
...week Britain's Chancellor of the Exchequer Peter Thorneycroft suavely handed John Diefenbaker notice to put up or shut up. Britain, said he at a meeting of Commonwealth Finance Ministers at Mont Tremblant, Que., considered that "the most adventurous way" to increase British-Canadian trade would be to wipe out all tariffs...
Last spring French left his wife and three children in Puerto Rico, returned to the U.S. temporarily for a weapons refresher-training course. At the end of the course he got leave, proceeded to put into action a plan that would wipe clean all his debts. French went to Washington, on April 5 took a late-evening stroll past the sand brick Russian Embassy on 16th Street. At the embassy he paused, tossed through the fence a letter addressed "To Whom It May Concern." For $27,500, said the letter, "I believe I can furnish you with valuable military information...