Word: borrowings
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Severe Handicap. But if the strike was a bore, it was also a painfully expensive one. The American Newspaper Guild ran out of money and had to borrow $300,000 from the A.F.L.-C.I.O. New York Local 6 of the International Typographical Union slapped a $3 weekly assessment on all 6,000 of its working members-those employed by commercial print shops and therefore unaffected by the strike. New York Newspaper Printing Pressmen Local 2 hopefully brought suit against the New York Post, the Herald Tribune and the Mirror, asking $72,000 in lost pay and other benefits. Since these...
...middle income brackets, business executives and professional men who receive all or nearly all of their income from salaries (or from fees or royalties not sheltered from taxation). Such people typically have only meager net assets despite their hefty pretax incomes. Far from accumulating capital, they often have to borrow to put their children through college. They attain their levels of prosperity only after many years of gradually working their way up, bucking a headwind of ever higher tax rates. And as they approach their earnings peaks they find themselves paying tax rates that, measured by percentage of gross income...
...church on Sundays he quipped, hardly to their amusement, "Gott ist tot, you know." When one of his roommates complained that Herbert badly needed a haircut, he answered gravely "De gustibus..." and left it to his listener to supply the ending. And when his other roommate asked to borrow ten dollars for a date, Herbert came back with "Neither a borrower nor a lender be, and it shall follow as night the day thou canst not be false to any man." "Oh shut up," said the roommate...
...certain that A.I.D. has never been so unpopular. When the Congress refused to swallow the President's request for long-term authority to borrow from the Treasury two years ago, it was just beginning to bend a sympathetic ear to Otto Passman's beefy hostility to the entire program. Last year Capitol Hill celebrated Mr. Passman's eighth year as chairman of the House subcommittee by cutting the Administration's request from $4.95 billion to $3.93 billion. Jealous of their prerogative of scrutinizing aid funds, both House and Senate remained deeply suspicious about the President's intention to transform...
That a man of Frazier's "class"-to borrow one of his favorite words-should find harbor on the Herald is as unlikely as the discovery of Lucius Beebe's byline in Mad magazine. Boston papers, the Herald included, rank among the dreariest in the land, a reputation enriched every year. One measure of Boston journalism is that the Herald hired Frazier in 1961 to replace four comic strips. No doubt the paper considered the exchange a compliment to their...