Word: attractants
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Dates: during 1960-1969
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Unions make little effort to attract luminous young men. Salaries are low, advancement slow. Young talents who are drawn to union careers for ideological reasons often quit in frustration. There are, of course, some exceptions. The boss of a big Longshoremen's local in Brooklyn is college-trained Anthony Scotto, 30. He is a special case: he was hand-picked by the late Tony Anastasio, who happened to be his father-in-law. And one of the fastest-rising men in the Ladies' Garment Workers is Dave Dubinsky's son-in-law Shelley Appleton, 45. Obviously...
Sheldon Glueck, Roscoe Pound Professor of Law, Emeritus, suggested in June 1963 the establishment of a legal academy, similer to the military academy at West Point, which would attract a better class of lawyers" to criminal law and which would erase the image of the held as "a dirty business...
...some form of summer project in at least four Southern states, it is unfortunate that detailed plans will not be made until May and June--after the people's conferences. And if the conferences don't issue a call for volunteers until April, it may be too late to attract enough of them, especially skilled people like lawyers, doctors, and ministers. (Some of the Washington lobbyists, however, will probably be sent South after the challenge.) Futhermore, it may prove impossible for the conferences to implement the giant training and security program that protected last summer's volunteers...
Rather than concentrate only on the negative aspects of the payments problem, the Johnson Administration plans some positive steps to attract foreign funds to the U.S. to balance the outflow of dollars. To narrow the tourist gap-U.S. travelers last year left more than $2 billion abroad v. $1.1 billion spent by foreigners visiting the U.S.-the Government will step up its promotion to lure more travelers from abroad. Among the latest features: $99 bus tickets good for unlimited travel through the nation. To woo more foreign investors, the Administration plans to give them tax breaks on their...
...Government induce U.S. businessmen to bring more of their profits home by slashing the current 48% tax rate on such profits to the capital-gains level of 25%. Many bankers feel that the U.S. could best close its payments gap by raising domestic interest rates; such an increase would attract deposits from abroad and slow down the flow of capital from the U.S. to havens of higher interest overseas. But Johnson, an easy-money devotee who often puts domestic needs ahead of foreign considerations, believes that the nation's economy will grow faster if rates are kept...