Word: detroits
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Dates: during 1970-1979
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...they need their own financial institutions. In the past two years, about a dozen credit unions operated primarily by and for women have been started around the country; at least six more are scheduled to open in the next few months. The oldest, the Feminist Federal Credit Union in Detroit, was chartered in August 1973 with 50 accounts totaling $20,000; today it has 2,600 members and deposits of $580,000. Generally, the credit unions accept deposits from and make loans to members of feminist organizations-including some...
What is a citizen of depressed Detroit, booming Houston or bucolic Sauk Centre, Minn., to make of the phenomenon of New York City? A visitor is immediately struck by the signs of New York's unsurpassed wealth: majestic skyscrapers thrusting boldly into the air, great ships busily plying its waters, expensive limousines hurtling down its avenues, well-dressed people rushing along Wall Street, Fifth Avenue and the other storied thoroughfares. These signs of affluence symbolize the city's position as the capital of American finance and commerce. All the more incredible, then, that the New York City government is broke...
...DETROIT ended fiscal 1975 with a projected deficit of $17.6 million, but forecasts a balanced budget this year...
...revenues by an estimated $16 million last winter, Mayor Coleman Young laid off some 1,500 city workers, or 6% of the total. He is now trying to eliminate another 1,200 jobs by not filling vacancies and has reduced hours at the city's museums. Yet Detroit will escape a deficit this year only in the unlikely event that the state legislature agrees to raise the city nonresident income tax from one-half...
That spring and summer Wolff played for the Detroit-affiliated Anderson, South Carolina team in the Class "A" Western Carolina league, before returning to Harvard in September for a semester to earn his magna cum laude in Psychology...