Word: cash
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Dates: during 1950-1959
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Potent Response. Next day the boycott was on. At Tuskegee's big Veterans Administration Hospital, which, together with the institute, pumps an, estimated $9,000,000 a year into Tuskegee's economy, some 2,000 employees-mostly Negroes-got their bimonthly paychecks. Few cash registers jingled in town: for Tuskegee's white merchants it was the worst "payroll Wednesday" in years. At week's end tight-lipped shopkeepers admitted that the boycott was about 90% effective among the Negroes, and many merchants were grimly beginning to wonder how long they could hold...
Looking for Loopholes. In 1948, while he was picking up some spare cash on the off-season banquet circuit, Birdie, then 36, met a brown-haired ex-WAVE namec Mary Hartnett. Mary was not only exceptionally pretty, but had the added attraction of apparent immunity to the Tebbetts charm. It was nearly a year before Birdie could get a date. But when he did, he wooed Mary with the same ardor that helps him win ball games. They were married in the fall...
MERGER TALKS are going on between Beverly Hills' Litton Industries, Inc., fast-growing maker of electronic equipment (TIME, April 29), and Underwood Corp. (1956 operating loss: $3,571,420), which recently talked merger with National Cash Register...
...billion tax cut and a balanced budget in 1956 and 1957. The Administration also claims an important victory by reducing its "floating" (i.e., callable on demand or payable within one year) debt by $25 billion since 1953, an action that helps insulate the Treasury against sudden runs on its cash supplies...
...bigger problem is cash. To take advantage of the tremendous opportunities that the fairs present, the Commerce Department needs $5,000,000, only one-tenth the amount that the Soviet bloc spends every year on trade fairs in the free world alone, and a small cost for the enormous good will that the U.S. can win at the fairs...