Word: budgeteering
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Dates: during 1960-1969
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...Macao on the Chinese coast and Portuguese Timor in the East Indies. Tiny Portugal is cast in the unlikely role of Africa's last major colonial power. With 125,000 troops fighting three little-publicized wars in Angola, Mozambique and Portuguese Guinea, the country spends 40% of its budget on defense...
Like most consciences, the Observer operates under trying conditions. Its budget barely pays the phone bill. Its edtorial headquarters is one shabby room near the University of Texas. Its fulltime writing staff has rarely numbered more than two. Its most distinguished alumnus, Harper's Editor Willie Morris, recalled last week: "Every Friday afternoon we'd have a full-fledged story conference at Scholz's beer hall. Then one of us would go out of town, and the other would stay behind and put out the paper. The guy who remained had to do everything: editing, copy-reading...
Double the Budget...
Bossert went to Edward T. Wilcox, director of General Education, and Wilcox carried the problem to Dean Ford, who agreed to double the budget for the course, so that 300 students could enroll...
...decision to raise the salaries, which was made in the face of a large projected budget deficit from 1968-69, was necessary to keep up with increased cost of living for teaching fellows, Dean Ford said. The raises will put an additional burden of $300,000 on the already-tight Faculty of Arts and Science budget, Ford said...