Word: crediters
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Dates: during 1960-1969
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Last week the Committee on Educational Policy agreed that directing a play could sometimes fall within the independent study program. The course, as Daniel Seltzer describes it, would involve not giving credit for directing, but credit for program of reading and research connected with the play and supervised by a member of the Faculty. Such a study should be unexceptionable to the Faculty and should certainly be useful to one or two students annually permitted to engage...
Like most traveling businessmen, insurance agents consider credit cards all but indispensable. Lately, however, agents have been alarmed to find that one of the fastest growing credit-card items is insurance itself. Thirty card systems and charge-account issuers now sell and service simple policies from travel and accident to term life insurance. So far, more than a dozen insurance companies are writing the policies...
First to try the credit-card scheme on a large scale was Los Angeles' Beneficial Insurance Group, which teamed up with the Diners' Club in 1959. After a slow start, Beneficial's card-catered insurance business grew 40% last year; to date, the company has sold 170,000 policies worth $4 billion. Now offered through a dozen more credit issuers, the company's accident policies range from $6,000 to $198,000 at monthly premiums from...
Fearing that their own traditional 15% commission might be undercut, the National Association of Life Underwriters, speaking through Vice President Carney Smith, protests that the card plan has already "eroded the agents' market tremendously." To keep the card game from spreading, agents' groups have threatened such credit-offering chains as Sheraton Hotels and the May Co. with boycotts. They have also pushed anti-credit-card insurance bills through the legislatures in New Hampshire and Florida...
...wonder to what extent the dismal public image of marihuana is a consequence of its route of entry. The medieval Assassins made Cannabis known as a plant that inspired fierce courage. Baudelaire gave it credit for being a gateway to worlds of visionary delight. But the wretched people who brought it to us--people who had high rates of crime and insanity to begin with--used it only to counteract the misery of their lives. Perhaps marihuana has been judged guilty by association...