Word: cash
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Dates: during 1960-1969
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...Cash Prize...
Babe's play will run next Feb. 28 through March 9. The director, not yet selected, will be of Babe's choice. There is no cash prize associated with the Anderson Award because, as Hamlin put it in making the announcement, "it is of much more value to the playwright and to the Harvard community that the money in the Anderson fund be applied to first-class, main stage productions of good new plays, than that the author receive some small sum of money...
...more basic factor, some Detroiters insist, is that the consumer now has an uncommonly big backlog of spare cash; in 1960, savings accounts in the U.S., which had long been growing at a steady $10 billion-a-year clip, suddenly increased by $20 billion. This created a pent-up buying potential, which needed only to be triggered...
...rise in depreciation charges is not as much of a burden on U.S. business as it might appear. Because depreciation charges are technically a cost, they are also not taxable-which means they actually give a businessman extra cash to spend, save or invest as he pleases. Many economists, in fact, argue that a company's strength lies not just in its net profit, but in its "cash flow," which is net profit plus depreciation write-offs. On this basis, the health of U.S. corporations as a whole is considerably sturdier than their profits figures alone would indicate. Though...
Filling a Vacuum. Piraiki-Patraiki's profit is not without honor in Greece. Impressed by the company's export successes, the Greek government is offering a cash reward to farmers who switch from growing wheat to cotton so that Greek mills will have more textiles to sell abroad...