Word: cashes
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Dates: during 1950-1959
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...rebellion was aimed not only at the Somoza brothers, but also at the shade of their late father. Dictator Anastasio Somoza. By torturing, killing or exiling his opponents. ''Tacho" Somoza ran Nicaragua 20 years, stacked up an estimated $60 million in cash and property. When Tacho was cut down by an assassin's bullets 2½ years ago. Luis got himself elected in his father's place. While brother Tachito tried to keep the country quiet under the heavy thumb of the national guard, U.S.-educated (Universities of California. Maryland and Louisiana State) President Luis tried...
Palm Beach Matron Gregg Sherwood Dodge, 35, fifth wife of freewheeling Auto Heir Horace Dodge Jr., announced that she has raised $2.5 million in cash and pledges for "Girls' Town, U.S.A.," a haven to be built in southern Florida for "lost, frightened, abandoned girls from ten to 18 who need care and help." Gregg, a onetime chorus girl accused of adult delinquency in the past (charges of drunken driving, resisting arrest, slugging cops), made it clear that her nonsectarian, non-profit project is no transient whim. Said she soberly: "It would help to correct the alarming rate of violence...
...standard cost system throughout the company. He expanded its savings plan, whereby the company matches every dollar saved by its nonunion employees (the union turned down the plan) with 50? of its own, and he broadened the incentive program, which now covers 75% of all employees either through cash awards for production ideas or through stock options. Blough, who himself picked up most of his 19,302 shares of U.S. Steel stock (worth $1,800,000) through options, considers the incentive program "one of the great factors in the progress of the corporation." He points proudly to the fact that...
...industry. In steel alone, employment costs have jumped at the compound rate of 7.9% each year since 1940. The industry still made a profit of 6.3% on its sales last year (an even better 8.7% for U.S. Steel), but Blough argues that profits still fall far short of the cash needed for expansion. U.S. Steel alone had to borrow $600 million in the last five years. As for inflation, Blough considers congressional suggestions of wage and price controls "sheer nonsense." Nor does he agree with McDonald's argument that the best way to fight inflation is to cut prices...
...Bigelow. Ward took over the company in 1933, saw sales of the firm's advertising specialty items (notably calendars) climb to $50 million in 1958. Convinced that rehabilitation must take place outside prison, outgoing, kindly Charlie Ward hired some 200 ex-convicts at Brown & Bigelow, wrote and sent cash to thousands of others...