Search Details

Word: cumulate (lookup in dictionary) (lookup stats)
Dates: during 1934-1934
Sort By: most recent first (reverse)


Usage:

Another of M. Doumergue's decrees will trim salaries on a sliding scale. There will be a 20% cut for President Lebrun, 15% for the Cabinet. 10% for all salaries over 100,000 francs. Even 12,000-francers will lose 5% of their small wage. The Cumul will be abolished, the system whereby one employe holds several posts and draws pay for each, nor can anyone be appointed to a government post in future who already draws a pension. Veterans' pensions will be cut. Politicians waited nervously to see how the public would react to these decrees...

Author: /time Magazine | Title: Foreign News: End of the Cumul | 4/16/1934 | See Source »

| 1 |