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...cuts had been restored. They listened in silence while committees reported that payments under the pension bill would add $66,000,000 to 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...
...affairs. East Peoria, whose Caterpillar Tractor Co. foundry was last week closed down to prevent warfare between workers and strike pickets, has not suffered unduly from Depression. But once before, in 1927, the bank was forced to close temporarily when the cashier's accounts were short $192,000???more than 75% of the total deposits at the time. The stock-holders made up the deficit, sent the cashier to jail, reopened the bank in 37 days...
...Squint as they might, the Cabinet of white-haired Premier Viscount Saito could not get away from two facts: Japan is faced with the biggest budget and the biggest deficit in her history. Expressed in yen at par the new budget is to balance at $1.100,000,000???a figure staggering in small Japan?with an expected deficit...
...wanted his breakfast before 8 or his dinner after 7 he would have to get it himself. He would drive to town in a car built in a government factory. Instead of having his own practice, he would be paid a salary?possibly $5,000 or $10,000???by a State agency controlling all legal services. He would be assigned to cases much as attorneys are now assigned by the court. Corporate litigation would languish and die. The Law, and like it Medicine, would become a profitless institutional affair for the common good...
...Games' opening ceremony had been sold, that the general ticket sale, ten days before the Games started, was 1,300,000 (a record). President Avery Brundage of the U. S. Olympic Committee announced that the expense fund for the 300 members of the U. S. team?$350,000???was "far short of achievement...