Word: collectivities
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Dates: during 1950-1959
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Mink on the Bed. As a businesswoman, Hattie was as shrewd as she was stylish. She knew intuitively when to extend credit and when to collect bills (she once successfully sued the late Jimmy Walker for his wife's unpaid $12,059 balance). She often quite literally sold the clothes off her back to eager customers, but would never allow a woman to buy a dress that seemed unsuitable. Her surplus energy spilled into other businesses, all of them successful: hats, jewelry, antiques, perfumes-even chocolate candy. By last year Hattie Carnegie Inc. was doing a gross business...
...much you owe or how many creditors you have-we will take over, arrange everything so that a single regular payment you can afford takes care of everything." Some imply that they will lend the debtor enough money to pay off his debts. But all the counselors do is collect money from the debtor, put him on a budget, try to get his creditors to agree to a repayment schedule, and use the debtor's money to pay off. For this service fees run from 10% to 50% of the total debt. After a survey of debt adjusters...
...budgeteer, only $25 to creditors. There are other sharp practices. The Federal Grand Jury in Chicago last year indicted a debt-pool outfit which assessed customers a $75 "survey charge," then sent them next door to a loan company to borrow the $75. Another Chicago pooler would collect his fee, make a few payments, then recommend that his client go into bankruptcy, steering him to a fee-splitting lawyer. In Seattle a truck driver who got behind in his payments to the prorater found that the agency had changed hats. It began working as a collection agency for his creditors...
GUARANTEED ANNUAL WAGE will go into effect for 1,000,000 United Automobile Workers on June 1 as scheduled, now that nine states have okayed the plans to supplement state unemployment benefits. Workers can collect in Michigan, Massachusetts, Connecticut, Delaware, New York, New Jersey, Pennsylvania, Florida and California, but not in Ohio, which ruled the plan illegal...
...newest collection the Baltimore Museum is indebted to Alan Wurtzburger, 55, a wealthy Baltimore real estate man, and his wife Janet. Little more than three years ago, the Wurtzburgers' collecting urge was restricted to Pennsylvania Dutch spatterware and canary-yellow lusterware, but a trip to Africa opened their eyes to primitive art. "It has more variety, strength and impact than the contrived art of today," Collector Wurtzburger decided. But when the Wurtzburgers tried to collect representative pieces, they found that Africa as a source of primitive art has all but dried up. The best pieces had already drifted...