Word: cotters
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Despite the efforts of William Cotter '58, president of the HYDC, to argue issues with the HYRC head, Don Hodel '57, ranging from farm policy to civil rights, the emphasis of the debate shifted to the two parties' views of the Stevenson suggestion...
...Only nationally prominent Democratic figures will be allowed as nominees," William R. Cotter '58, Registration Chairman, declared yesterday. "No Velluccis or Eisenhowers can be nominated...
Caught by Cotter Pins. Washington has been something of a jolt for the man who has spent a lifetime in the symmetrical, sense-making world of banking. In auditing Defense Department expenses, for example, he learned that a few expensive, unnecessary items had to stay in the budget because they affected the home folks of Congressmen or Senators with critical votes to cast on the whole budget. He had to learn to jump at a growl from the members of the House Appropriations Committee. Only last week, while his head was swimming with the billions of the new budget...
...Georgia schoolhouse one day last week drove a salesman named John Stacy Cotter. "Most people want to save," he told Teacher Elizabeth Burke, "but most people don't save. I can show you how." Salesman Cotter had no promises of big returns to offer: if Teacher Burke would pay $16.70 a month for twenty years-a total of $4,008-she would get back $5,000. Teacher Burke would earn only 1.91% interest on her money, far less than on a Government bond. Moreover, if Teacher Burke quit the plan before ten 'years, she could not even...
...promising so little, Salesman Cotter manages to make around $20,000 a year in commissions. His employer, Minneapolis' Investors Diversified Services, Inc., has sold so many such savings plans that its total assets last week were above the $1 billion mark. Most big-city dwellers have never heard of I.D.S. But in farm areas and small towns all over the U.S. and Canada, some 2,000 salesmen, who make $8 to $20 per year on every $1,000 plan sold, sign up contracts for $5,000,000 in savings each week. The big appeal lies in the fact that...