Word: accounting
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Dates: during 1960-1969
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ERNEST HEMINGWAY: A LIFE STORY, by Carlos Baker. The long-awaited official biography offers the first cohesive account of a gifted, troubled, flamboyant figure who has too often been recollected in fragmentary and partisan memoirs...
...average, middle-class wage earner of America was as disgusted as I was after reading the account of "Hunger" [May 16], then I would imagine that it was one of the most self-damaging displays yet staged by those on welfare rolls. With reference to the "filth-encrusted" gymnasium, what is preventing the underprivileged from cleaning up the place? And as for the food stamps being "more trouble than they're worth," most of us have to exert ourselves to some extent to get food for our tables-some of us even have jobs. The biggest mistake the Government...
...budget, whatever its size? The total market value of Harvard's general investments on June 30, 1967 was about $1,038,000,000. The "book value" was about two-thirds that amount. Each year the Corporation votes to distribute to each of the funds participating in the general investments account (which means mostly the endowment funds) income from this account at a fixed rate of the book value of each fund. In 1966-67 this rate was 5.2 per cent and thus $34,000,000 was distributed, of which $30.5 million went to endowment funds and paid...
Tuition for Harvard College is to be raised $400 next year. Yet, if the college were completely to subsidize student fees for the next ten years, and if the investments grown at a rate similar to that of the last twenty years (taking into account the fact that much less would be reinvested each year than before) the present billion dollars would become $2.2 billion by 1977. This would hardly leave Harvard financially "busted...
...needs to be reformed more than any other body of law today. The criminal process is not intended to look a the big picture. It distorts reality by focusing on a small corner. It therefore works badly in these political-legal cases because it doesn't permit taking into account the motivations of the actors in the drama." But once again, Flym the political idealist clashes with Flym the hard-nosed lawyer. "I guess it would be difficult to design a legal process that would not--as a rule--tend to limit the issues. But if you need to have...