Word: benefited
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Dates: during 1960-1969
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...Under a state law passed especially for his benefit, Johnson ran for both the vice-presidency and the Senate, won both offices...
Reason for the switch is the competition of California savings and loan associations, which pay depositors 4½% interest while commercial banks are prohibited by federal law from paying more than 3%. In the past, California banks traditionally gave themselves the benefit of the doubt on interest payments. They compounded interest only twice a year, paid on the minimum balance during each pay period, and reckoned by a 360-day year, which gave them free use of the money for five days annually. Along with the new interest arrangements, to be computed quarterly, the banks will give depositors an additional...
...consumers and taxpayers, unless Congress vetoed the program within 60 days-and what Congressman would vote against turnips if his onions might be in the scales next day? In effect, the drafting of farm legislation would be lifted from Congress and given over to the particular farmers who would benefit from it-an approach not so very different from letting smugglers write the customs regulations. Texas' Democratic Congressman William Robert Poage put forward a similar plan last year, but the House plowed it under. The New Frontier version is likely to get plowed under...
...hierarchy seemed to love federal aid far less than the principle of the parochial schools' right to it. St. Louis' Joseph Cardinal Ritter announced himself "personally opposed" to federal aid of any kind; but if such aid is voted, "then all the children should share in that benefit." New York's Francis Cardinal Spellman noted that "it is not for me to say whether there should be any federal aid to education. That is a political and economic matter to be decided by the Congress in compliance with the will of the American people." But if Congress...
...Always aggressive in his gripe against the grape. South Carolina's teetotaling Democratic Senator Olin D. Johnston was determined to beat back attempts to raise U.S. diplomats' "representation allowance," otherwise known as the "booze fund." "I have never heard of the United States influencing anyone to our benefit as a result of feeding him liquor," said Johnston. Then, turning himself to the influence of alcohol on the home front, he lamented: "There is no way of telling how many people with good minds came to Washington and, taken in by the drinking circuit, eventually left town broken, senseless...