Word: bargainers
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Dates: during 1950-1959
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From time immemorial it has been the custom, on those days, for the poor people of Benevento to hire out their sons, twelve years and up, to farmers seeking cheap labor. The children are brought to the Piazza del Duomo, where they wait while their parents bargain. The farmers take a look at the boys, sometimes test a muscle, go back to bargaining. For a promising boy they will pay the parents 6,000 lire (about $10) and a few bushels of wheat for a year's work. When the bargain is struck, the boy goes...
...governors agreed on a simple answer: they would share each other's campuses. They set up a council, opened headquarters in Atlanta, went into operation in 1949. By last week, the Southern Regional Education Board had become the biggest boon that Southern education has ever known - "the greatest bargain," says Florida's Fuller Warren, "since manna fell on the children of Israel...
...results have justified Young's belief that Alleghany got a bargain. The stock now has a market value of $6,000,000. And though I.D.S. still hasn't paid a dividend, it earned $35 a share in profits in 1950-51. When it finishes paying off high interest plans (5% and 6%) sold in the '305, it may start paying dividends. "We're in this strictly as an investment," said Bob Purcell, "and we're in it to stay. We figured that the investment business of the country was moving from Wall Street to Main...
...took off for Paris and Geneva and in a few weeks-by her account-she sold 2,500,000 tons of oil at bargain prices. But: no tankers to deliver the goods. Shipowners were chary of the stern British threat to sue any owner who loaded Iranian oil. Sedika moved on to Rome, set up two corporations, and started looking for men with tankers. At Rome's swank Excelsior Hotel, Mme. Garagozlou explained: "I am the-how do you call it-front man. I make the contacts...
...Bargain hunters found plenty to choose from. Artists ranged from such established figures as Ogden Pleissner, Dean Fausett and Luigi Luciono to Housepainter Patsy Santo, local farmers, housewives and schoolchildren. Prices began at $15 and ran up to $3,500. Many buyers were year-round citizens. There were also some big-name summer people who showed up with their checkbooks ready, among them Merck & Co.'s George Merck (TIME, Aug. 18), Lambert Co.'s Gerard Lambert...