Word: a-year
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...House Majority Leader John W. McCormack urged the House Civil Service Committee to approve a Senate-passed bill granting ex-Presidents $25,000-a-year pensions, together with office space and expenses and free mailing privileges. Argued McCormack: Congress should authorize pensions as a "matter of equity," since public demands on a President do not cease when he leaves office...
...take from $143,000 to $129,000, still the largest prize ever awarded on any single program. Income taxes will slice this sum plus the annual $4,500 he gets as an English instructor at Columbia University to about $28,795. (Columbia last week gave him a $100-a-year raise that had nothing to do with his TV prowess...
...Rabbi Gershon Winer filed a $425,000 suit against the Bowman Biscuit Co. in Denver for getting him fired from his $13,000-a-year post at Denver's BMH Synagogue. The company, said Gershon, had misrepresented its cookies as containing only vegetable shortening and Gershon had endorsed their sale by the synagogue's Women's League. When the cookies turned out to have been made with 20% animal fat, hundreds of Denver Jews found that they had violated the dietary laws of their faith, angrily forced Rabbi Gershon's dismissal...
...Bootstraps. Rockefeller agreed, stipulating that the commission remain nonpolitical. Then, ignoring legislative recommendations that an $8,000-a-year man be hired to administer the program, he went out and hired two topflight members of the Baltimore Association of Commerce. William Rock. 52, and William Ewald, 34-for $20,000 and $12,000, respectively. By the time he had gathered the eleven members of his staff, the state appropriation of $127,500 had already been spent. Rockefeller asked a newly formed Arkansas Industrialization Panel of 100 men to kick in $100 each, started things rolling with a $5,000 contribution...
Most executives think-and their wives agree-that the executive wife should be moderately informed about her husband's business, yet not so concerned that she meddles in his work or tries to push him. (The wife of a $30,000-a-year Detroit executive recently got ulcers while sweating out a promotion for her husband; he came through fine.) Qualities of tact, graciousness and amiability are important if the company is in a small town or if the husband is a sales executive who must entertain frequently...