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...tapping existing financing systems, the planners figured they could scrape together $204 million for the project. But they still needed a bond issue of a whopping $792 million. That broke down to a $27-a-year tax increase for the "median" householder in the region, whether or not he used the system. Making matters even tougher was a state requirement that the proposed bond issue be passed by 60% or more of the voters. By 61.1% of the total vote of 714,425, citizens of the three counties agreed to shell out the necessary money to build the first major...

Author: /time Magazine | Title: The States: Changing the Face | 11/23/1962 | See Source »

...bitterness of a sort to make any Governor look bad. Yet there is never a dearth of aspirants, and this year is far, far from being an exception to that rule. The contenders: Incumbent Democrat John Swainson, 37, and Republican George Romney, 55, who resigned from his $150,000-a-year job as the head of American Motors to seek public office...

Author: /time Magazine | Title: Michigan: The Crazy Quilt | 10/26/1962 | See Source »

Next signature on the lower left-hand corner of U.S. greenbacks: the tight script of Kathryn E. Granahan, a Pennsylvania Congresswoman who will replace Elizabeth Rudel Smith in the $17,000-a-year post as Treasurer...

Author: /time Magazine | Title: People: Oct. 5, 1962 | 10/5/1962 | See Source »

...seventh he had made and, as always, he followed his father's instructions, scribbling down voluminous notes in brown, spiral-backed notebooks. He returned to Massachusetts to take a job as an assistant district attorney for Suffolk County. He accepted only a token $1 of the $5,000-a-year salary-like his brothers and sisters, he had received a $1,000,000 trust fund at the age of 21-and quietly began planning with his father to become the Democratic nominee in the senatorial election to fill his brother's old seat...

Author: /time Magazine | Title: Nation: Teddy & Kennedyism | 9/28/1962 | See Source »

...Chicago billboard manufacturer which last month bought 16.5% (88,703 shares) of Bon Ami's outstanding stock, plus two former Bon Ami employees-ex-Vice President Olen Webb, 40. and his wife Pat, 44. who for more than ten years was Weesner's $12,000-a-year private secretary. Guided by Tel-A-Sign's largest stockholder. Attorney Roy Cohn, 35. onetime Boy Friday to the late Senator Joe McCarthy, the coalition charged that Weesner and his directors had illegally disposed of $550,000 in Bon Ami funds. Most of this money, they charged, was used...

Author: /time Magazine | Title: Corporations: The Chick & the Macaw | 9/14/1962 | See Source »

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