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...hour day. The company has built or provided mortgages for about 3,500 homes sold to employees at cost. During the Depression, the company saw to it that at least one member of every family worked two days a week, during World War II sent servicemen-employees their annual bonus and vacation pay. Not surprisingly, the firm's labor force has consistently rejected unionization. The Triple Cities have also benefited from a number of parks and playgrounds donated by the company, as well as an 18-hole golf course with greens fees of only 50?. Although the company...

Author: /time Magazine | Title: Corporations: Invaders Repelled | 1/20/1961 | See Source »

There could be found no poignant example of contemporary youth's prematurely cynical attitude toward the fallings of its elders than the organization recently founded at Princeton. Calling itself the Veterans of Future Wars, the group advances as the chief plank of its platform the immediate payment of a bonus to all males who will be killed in the next war. A similar movement at Vassar, The Gold Star Mothers of the Veterans of Future Wars, declares that it intends to send delegates to view the future burying ground of the future dead...

Author: NO WRITER ATTRIBUTED | Title: Veterans of Future Wars | 12/13/1960 | See Source »

...generation toward the evils that have been troubling mankind since the world began. It would have been a remarkable thing, nineteen years ago, to find college students making statements like this: "Since the coming of the future war will deprive the most deserving bloc of its veterans of their bonus, by their sudden and complete demise, the Bonus must be paid now." The Princetonians who conceived this clever bit of humor are not to be censored. Youth must play; and deadly fatalism is quite as diverting as belligerent and shallow pacifism. --Harvard CRIMSON, March...

Author: NO WRITER ATTRIBUTED | Title: Veterans of Future Wars | 12/13/1960 | See Source »

...Savings. The states are getting another unexpected bonus; highway building costs have run against the trend of all other types of construction and have dropped 4.4% since their 1957 high. California's highway commission says that it has saved "many millions of dollars" from what it expected to pay for roads-and California drivers benefit because the state pours all its savings into new roads...

Author: /time Magazine | Title: Business: A Lift from Highways | 12/12/1960 | See Source »

...Russia is willing to underwrite a bigger share of Cuba's economy, weapons may be all Castro has before long. Faced with an almost 50% drop in foreign exchange in the past year, the U.S. trade boycott, and the loss of $150 million from the discontinued U.S. sugar bonus, Economic Czar "Che" Guevara flew behind the Iron Curtain last month for help to avert economic disaster. Czechoslovakia agreed to double its aid, bringing the total to $40 million. But estimates are that Cuba needs an irreducible minimum of $250 million in freely convertible currencies this year to replace income...

Author: /time Magazine | Title: CUBA: The Start of Sabotage | 12/5/1960 | See Source »

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