Word: costs
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Dates: during 1940-1949
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...expense was appalling. In six months pensioners had increased from 198,000 to 245,000. The cost of paying them had jumped to more than $17 million a month and had all but broken the bank at Sacramento. Last week California newspapers and businessmen were engaged in an all-out battle to get the plan modified at a special election in November. They had begun in typical California style by hiring one Joe Robinson-the same professional signature collector who had raised the funds and gotten the signatures to put Proposition 4 over in the first place...
Saved by the Bell. Oregon was in less perilous financial condition. Its voters passed an initiative measure like California's last autumn. They were rescued by their own shortsightedness-they voted for pension increases which would have cost more than the whole expense of running the state, but they failed to provide any means of paying them...
When investment houses refused to buy Oregon bonds on the grounds that the state was technically insolvent, the state attorney general ruled the measure invalid. But pensions would still cost $26 million for the next two years-as compared with...
...would cost nearly $1,000 to dismantle it, about $500 to cart it away from its perch on a midtown Manhattan street corner, another $4,500 to put it up somewhere else. Alfred Birnbaum, scraping along on his $105-a-month G.I. benefits while he studies optometry, just didn't have that kind of money. To make matters worse, it was costing $50 rent for every day the house remained on the parking lot, where it had been raffled away (at a loss) by the American Women's Voluntary Services...
This week the steel companies got in their last licks. Said Robert Patterson, ex-Secretary of War and now a lawyer representing the small companies: "The facts brought out . . . make it plain that there is no fair basis for any increase in labor cost at this time...