Word: a-year
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...George Wheeler, recently sold his $28,-000 house in Seattle, and plans to move into a $40-a-month apartment in his native state of Wyoming where he hopes to teach. Electronics firms have laid off 5% of their personnel in Massachusetts. William Kukers, 52, lost his $20,000-a-year job as a project manager with Avco Corp., now supports his wife and 16-year-old son on $68 a week in unemployment compensation and a dwindling savings account. Automobile manufacturers have slashed their payrolls by 18,500, and Detroit's advertising agencies have laid off more than...
...Seven years ago, Hosea Williams, the son of a Georgia dirt farmer, gave up a $14,000-a-year job with the U.S. Department of Agriculture ("I was a very., very good chemist") to join Martin Luther King Jr. Williams has since become one of the country's leading civil rights leaders. He was field marshal for the Meredith Mississippi march and the march from Selma to Montgomery, as well as last week's march to Atlanta. TIME Correspondent Peter Range kept pace with him for a time last week as Williams bitterly talked about the events...
...rising despite the Federal Reserve's policy of money scarcity. "The rest of the world is in a very prosperous state," said he, "and demand for raw materials keeps prices rising. The present inflation is so intense that it is difficult to cure?there hasn't been a 6%-a-year inflation in modern times except for a few months after Korea. In addition, the Government is moving toward protectionism in world trade. Finally, there has been an ideological opposition to preaching...
...Sinden, though. At week's end the 3 7-year-old coach shocked the hockey world by announcing that he was quitting the Bruins to go into the home-building business. He explained that the "new challenges" would earn him at least double his $22,000-a-year coaching salary. Besides, he added, "what else could I do in hockey...
These days no one laughs at the Cincinnati Reds' Johnny Lee Bench, not even when he says he is going to be baseball's first $100,000-a-year catcher. Instead, rival managers laud him shamelessly. Chicago's Leo Durocher: "Bench is the greatest catcher since Gabby Hartnett." Montreal's Gene Mauch: "If I had my pick of any player in the league, Bench would be my first choice." Los Angeles' Walter Alston: "He'll be the All-Star catcher for the next ten years." Just 22, Johnny Lee does not take the high...