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Jakobovits, who accepted the $19,600-a-year post last week, will become titular chief of a Jewish community rich in both tradition and troubles. Jews emigrated to Britain from France as early as the 11th century. Driven into exile 200 years later, the Jews returned during the Protectorate of Oliver Cromwell, have since blossomed into one of the world's wealthiest and least persecuted Judaic communities. By the 19th century, the Rothschilds, Montagus and Samuelses made Jews a force to reckon with in British finance. Today, 40 members of Parliament are Jews, as well as 61 knights...
Somewhat grudgingly, the strikers voted at week's end to accept an 18% raise in pay and benefits over three years and to return to work at five airlines that normally carry 60% of the nation's air traffic. That 4.97%-a-year boost shattered what little was left of the President's 3.2%-a-year guideposts for restraining wage and price increases in the inflation-threatened U.S. economy. More ominously, the settlement opened wide the gate for other unions with 2,250,000 workers, including those in such key industries as electrical equipment, autos, trucking, clothing...
...Year. To Thomson, investing in the market is no gamble, and he has statistics to prove his point. Under Merrill Lynch encouragement?to the tune of $400,000?the University of Chicago's Center for Research in Security Prices recently studied all stock-price changes since 1926, carried out 56,558,000 computerized transactions. Result: a long-term profit that varied according to tax bracket: a tax-exempt institution would have earned 9% per year on its investment since 1926; an individual in the $10,000-a-year bracket, 8.2%; and one in the $50,000-a-year bracket...
Holt, a personable but bland moderate backed by the Faubus organization, has run a lackluster campaign, lauding the state's progress under the Governor and invoking his own record as a former county prosecutor and state attorney general. Apart from a pledge of $500-a-year raises for teachers and a new traffic-safety program, he has offered little in the way of change...
During 15 years with the United Press International, Lowry Bowman reported his share of major news events-from the first manned U.S. rocket shots to the long, wearying travels of presidential campaigns. Later, as a $10,000-a-year rewrite man on the general-news desk of U.P.I.'s Washington bureau, he handled the nation's top political stories with speed and accuracy. A promotion was in the works; he was successful and progressing in his chosen profession...