Word: collected
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Dates: during 1960-1969
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...most refreshing dialogue last week came on the last of four days of debate, when a group of disgruntled Eastern Senators introduced amend ments that would limit the amount of federal money any one farmer could collect. Maryland Democrat Daniel Brewster suggested the ceiling should be $10,000 a year, argued that Gov ernment support money "is actually encouraging big farms to grow more wheat, which is sold to the taxpayers at a profit." His proposal was beaten. Virginia Democrat Willis Robertson offered a proposal to raise the ceiling to $25,000 a year. That was beaten. Delaware Republican John...
Says New York Printers' boss Bert Powers: "Somebody has convinced the membership that a union is like a tollgate and that all it does is collect dues. There isn't the feeling there used to be for the whole labor movement. Our own printers aren't interested in how the cab Drivers are being organized. A picket line is an annoyance...
...cost of price fixing comes high. Under antitrust law, customers who can prove that they have been overcharged as a result of price fixing may collect damages worth three times the amount of the overcharge. So far, G.E. has paid out $225 million in claims, Allis-Chalmers $45 million. Westinghouse has set aside $110 million to cover its suits. Included in these totals: last year's record $28.9 million court judgment against G.E., Westinghouse, Allis-Chalmers and three other manufacturers (TIME, June 12, 1964), which the companies later settled out of court for $18 million...
...Robosonics Inc., the largest-selling private manufacturer, and R.S.V.P., its West Coast rival, for about $400 and up, depending on the number of frills. Robosonics' latest is a $700 version which will take up to six hours of messages, aimed at firms like meat wholesalers, who can thus collect overnight orders. R.S.V.P. is bringing out a model which allows the owner to call in and change his own recorded message. Tentative price...
...social security benefits recently voted by Congress. The average monthly hikes seem modest-$5 for individual recipients, $8 for couples-but they will channel $1.2 billion more into the economy this year and $117 million a month thereafter. Because the increases are retroactive to Jan. 1, each recipient will collect eight months of bonus in one swoop-amounting among couples in the top bracket to a lump-sum extra of $492. Though the average American habitually spends 93% of his income and saves the rest, federal economists expect that some 95% of the social security bonuses will quickly be spent...