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...intended the U.S. government to deliver mail, He would have given it a subsidy. Instead, as a victim of Washington's inability to discern Divine intentions, the American taxpayer has to cough up nearly a billion dollars a year to keep the postal corporation afloat--still not enough to prevent it from accumulating a current debt of over $3 billion. In the last fifteen years, the price of mailing a first-class letter has risen over 400%. In the oil industry, that economic no-man's land where rapacious monopolists reign supreme, the price of a gallon of gas rose...

Author: By Stephen J. Chapman, | Title: Ducking the Punch | 1/16/1976 | See Source »

...unions were persuaded to contribute to the rescue from their pension funds. They agreed to invest $2.5 billion in city securities and to refinance $700 million in bonds issued by the Municipal Assistance Corp. and $450 million in city notes. The New York banks, too, were persuaded to cough up still more in assistance. By promising to balance the state budget, now in deficit by an amount estimated anywhere from $300 million to $700 million, Carey won agreement from the banks to refinance $550 million in city notes and $1.1 billion in MAC bonds...

Author: /time Magazine | Title: NEW YORK: Last-Minute Bailout Of a City on the Brink | 12/8/1975 | See Source »

Vicious hitting by both squads resulted in many turnovers, but the key 'cough-up' move into second place in Ivy scoring, averaging 21.5 per game...

Author: NO WRITER ATTRIBUTED | Title: Kirkland Clinches House Football Title | 11/7/1975 | See Source »

Some loyalists at Columbia persuaded the company to cough up $50,000 to publicize the quote. Columbia's sudden recommitment caught Springsteen in a creative crisis. He and Appel had spent nine months in the studio and produced only one cut, Born to Run. The disparity between the wild reaction to his live performances and the more subdued, respectful reception of his records had to be cleared up. Landau soon signed on as co-producer of the new album and began to find out about some of the problems firsthand...

Author: /time Magazine | Title: The Backstreet Phantom of Rock | 10/27/1975 | See Source »

Four new hotels promised by Montreal officials were not ready, and as many as 3,000 lawyers who wanted to attend were forced to stay home. On top of that, the A.B.A. had to cough up $75,000 to bus some delegates back and forth from convention headquarters to hotels as much as an hour's ride away. Judges who are members of the A.B.A. usually hold their own meeting in conjunction with the convention, but this year they were chivvied into convening early, clearing their agenda and getting out of town fast so that their beds would...

Author: /time Magazine | Title: The Law: No Room at the Inn | 8/18/1975 | See Source »

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