Word: bonus
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...foundation, which has merely lost its most treasured trustee but which can easily replace him with someone else like, say, his son. The obvious attractions of the idea have brought ABC at least 250 members so far, and the number continues to grow, partly because of a bonus paid to those who bring in new members. In fact, the enterprise has become successful enough to attract the attention of Texas' Democratic Representative Wright Patman, whose House sub-committee on foundations has been investigating the whole field for more than five years. One ABC trustee took the Fifth Amendment...
There was a Christmas bonus, too, as Lyndon Johnson appeared on the three networks in "Conversation with the President" and placed new emphasis on hopes for "informal talks" between Saigon and the National Liberation Front. In all, 20 minutes of the interview, mostly comments dealing with Viet Nam, were deleted from the final tape. Though some network news executives objected to the editing, it seemed not only a reasonable but also an essential request, considering the gravity of the subjects he covered. On one occasion the President, who has often said that he considered his TV image "a national liability...
Racing for the Bonus. The Mangla dam, first part of the complex to be completed, took a group of eight U.S. companies led by Guy F. Atkinson Co. of San Francisco less than six years to build at a cost of $510 million. The embankment stands 380 ft. high, is 11,000 ft. long, and holds 75 million cu. yds. of dry earth and rock. It is the world's fifth largest earth-filled dam and has the largest-capacity spillway, discharging 1.2 million cu. ft. of water per second, four times as much as Niagara Falls. Five...
...diverted, war broke out between India and Pakistan. Though the battle line came within 50 miles of the site, only nightwork was stopped, since the camp had to be blacked out. The contractors were racing to complete the project ahead of schedule and collect a $6,000,000 bonus, which the Atkinson consortium counted on when it set its price-$20 million under the next lowest...
...mere few thousand holders of company stocks in 1917; now there are more than 22 million with a stake in business. Three million hold shares in American Telephone & Telegraph Co. alone, and one-third of General Electric's shareholder-owners got some of their stock through savings and bonus plans...