Word: debt
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Dates: during 1950-1959
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Signature, Radcliffe's literary magazine, will not fold, although under present publication conditions, its total debt will be $632 by June, Joan Braverman '50, student government president, said last night...
Total circulation by subscription runs to 131 copies per issue, although 44 subscriptions remain unpaid. "The suspension of publication would serve only to increase the debt, however," Miss Braverman said, "since income from advertising exceeds income from circulation...
Student government, being financially responsible for the magazine's financial state, proposed a financial merger of the News and Signature to correct the latter's present debt, she explained...
Signature, although $700 in debt at the beginning of the school year, has decreased its deficits since its fall term issue. The magazine will put out its next issue March...
...nobody struck at red-ink budgeting harder than General Electric's big-fisted President Charles E. Wilson. "No one in the seat of authority in our Government has yet shown any real intention of paying off [the debt]," said Wilson at a dinner in Philadelphia. Wilson called such negligence a "shameful dereliction to duty and immoral administrative betrayal of a great economic system." He agreed with President Truman that the U.S. national income might well reach $300 billion in five years, but added: "We must take care that we are still dealing in dollars at the end of five...