Word: cents
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Dates: during 1960-1969
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...postscript to a study published two years ago, a Harvard sociologist says that from "5 to 20 per cent of the [American] black population (from 1 to 4 million people) hold attitudes indicating a depth of estrangement and bitterness unique in American history...
According to various estimates, construction costs in the Greater Boston area are rising by up to 15 per cent a year. The preliminary designs for Shady Hill are now too expensive to construct, so University officials and architects have been reviewing the projects, trying to find ways to save money. L. Gard Wiggins, administrative vice-president of the University, describes the situation like this...
...levels, a flooding of the tax-exempt bond market by new issues, and investors' uncertainty of what the current tax reform proposals will do for tax-exempt bonds have all contributed to drive up the rate on this kind of bond. "We'd like to talk about five per cent, but we're forced to talk about seven per cent. When you're trying to construct a self-sustaining dormitory at Harvard or anywhere else, over a period of years, that two per cent could make a considerable difference," comments Jack Donaghue, director of the authority...
University officials reject another method of financing-paying for the project out of the University's endowment funds. Though the GSD suggested that Harvard could loan money from its endowment at five per cent interest, Harvard officials point out that endowment funds currently gain about 7 per cent a year and argue that it is vital to keep this return high in an era when all divisions of the University are increasing their demands for funds. "If you take unrestricted money which is now earning interest and use it to meet operating expenses, you just increase the size...
...classroom, used for training sessions and daily peptalks, was garishly adorned with morale-boosting sales paraphernalia. A huge football player charged at us novice salesmen from a sales poster. A sign reading "Carnaby Street," Union Jacks, and a map of London conspired to spur salesmen to that 110 per cent effort-and a trip to London for the nation's leading salesmen. Lucky supersalesmen who had earned trips in previous years smiled fixedly from the walls...