Word: bonuses
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Dates: during 1960-1969
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Tidy & Tiny. The short lines bear such quaint names as the Arcade & Attica, the Belfast & Moosehead Lake, the Hoosac Tunnel and Wilmington and the Tweetsie. Most of them are operated by small businessmen for whom railroading is still a shirtsleeve job and the romance of the rails a pleasant bonus. But apart from a handful, like North Carolina's Tweetsie, and the Reader Railroad in southwest Arkansas, which have made their puffing steam locomotives colorful and profitable tourist attractions, romance is not what the short lines are run for. Says an Interstate Commerce Commission official: "There's money...
...Arctic, and now New York's Francis Cardinal Spellman, 74, was headed the other way, saying, "I don't want to slight the South Pole." He will spend Yuletide with the men assigned to U.S. Antarctic bases. It might be chilly, but the trip offers an unaccustomed bonus. Spellman will celebrate three Christmas Masses because of the international date line; a midnight Mass at McMurdo, then an 800-mile flight for a Christmas Day Mass at Byrd, and finally across the date line for another midnight Mass at the Amundsen-Scott South Pole station. "I only hope...
Money flowed like ballpark beer, and college stars gleefully acted as their own auctioneers. The Detroit Lions lost Southern Cal Quarterback Pete Beathard, their No. 1 draft choice, to the A.F.L.'s Kansas City Chiefs. The Chiefs gave Beathard a $15,000 bonus for signing, a $20,000 contract, stock in a pay-TV company, a new car and a rent-free apartment...
...Bonus for Breakthroughs. Productivity is being increased partly by men but mostly by machines. In the past five years, such devices as continuous mining machines, automatic freight yards and automated pipeline networks have increased the productivity of coal miners by 35%, rail workers and oilfield roughnecks...
...while depreciation write-offs up to 75% in the first year are permitted on new equipment. West Germans who lend money for industry or housing there can knock 10% to 20% of the amount directly off their income taxes. And to woo younger settlers, Berlin offers a unique family bonus: at marriage every couple gets a $750, 15-year loan that is reduced by 25% with the birth of each child...