Word: bootstrapping
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...will be required to accept similar students from private schools on a "shared-time" basis-already a longstanding practice in some communities, where parochial-school students attend certain classes in public schools. Since Title I is pegged to state levels of school support, it is expected to have a bootstrap effect as states realize that each dollar they add to their own support will bring more federal funds. Beginning in 1966, districts that increase their own spending by at least 105% per pupil can apply for a matching amount from Washington for each pupil; this program is expected to cost...
...when most jets are down anyway, and established a SAClike control center in Miami to anticipate trouble and try to correct it. He also offered incentives for increased passenger loadings, set quotas for on-time arrivals (Eastern had been tenth among trunk lines, with 33% of its planes late). "Bootstrap" achieved its limited goals, and now Hall has replaced it with "Operation Breakthrough." Its ambitious goal: $14.5 million in profits this year...
Luis Muñoz Marin, 66, Governor of Puerto Rico, architect of the island's life-giving Operation Bootstrap and its unique commonwealth status, was stepping aside after four terms (16 years) in office. He would not, he insisted, be his party's gubernatorial candidate in the Nov. 3 elections. He would accept nomination for the senate, whence he came, but nothing more. "You must have confidence in yourselves," he pleaded. "You have honored me as a leader and as a teacher, and now the teacher says: 'It is time to return to the class...
...cause ever since. At that time, Puerto Rico was little more than a sugar barony controlled by a few large U.S. companies; per capita income was a pitiable $120 a year. In 1938, Muñoz formed his Popular Democratic Party, four years later as senate president organized Operation Bootstrap, and was soon luring mainland industry to Puerto Rico. With generous tax incentives and cheap, plentiful labor, company after company found it profitable to set up plants until today the island's gross national product is growing 11% a year, wages average $1.11 an hour, new investment is running...
...total of 52 major U.S. firms have plants in Puerto Rico (see map). Last year alone, 160 new factories opened their doors, raising the island's total of "Bootstrap" plants to 1,030. G.E. is producing switches and circuit breakers. Sperry Rand is making electric shavers. Maidenform is making bras, and Brunswick, sporting goods. This summer Ford will open a $15 million precision ballbearing factory near San Juan. To keep the momentum going, Puerto Rico is stretching tax exemptions to 17 years in some cases, plans to build small manufacturing plants on its own, then find companies...