Word: dividend
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...intake with the states. So it was money that provided the major topic as the Governors convened for their 61st annual conference at the Broadmoor hotel in Colorado Springs, Colo. In particular, they discussed the money to be had in the nebulous kitty known as the "peace dividend," meaning savings from an end to the Viet Nam war that might be diverted to domestic ends...
...said NASA Geology Consultant Eugene Shoemaker, who thinks that it afforded a far wider sampling of the lunar surface than would have been found at a smoother landing site. Boulders ejected from craters as far away as 600 miles might well be in the area, he added. Another unexpected dividend, said NASA Geologist Ted Foss, was that many of the rocks may have come from the large crater over which Neil Armstrong flew Eagle just before it touched down. "The crater is probably 50 feet deep or so, and that's just like having samples from a hole that...
Airline stocks fell especially far last week after Pan American skipped a dividend as a result of a $19 million loss in the year's first five months. Traders were further depressed by a cutback in capital spending at Chrysler and news that retail sales dropped in June for the second straight month. These indicators might bring some cheer to the Federal Reserve Board, which has been desperately looking for evidence that its restrictive money policy has produced some slowdown. But New York's First National City Bank warned in its latest economic letter that, "to hold fast...
Debate over Dividend. The size and shape of the "peace dividend"-the resources freed to the nation by an end to the war-remains open to question. It would not be nearly as huge as claimed by those who blame all the nation's ills on Viet Nam. On the over-optimistic premise of a possible ceasefire early this year, Schultze projected a dividend that would grow from $8 billion in 1971 to as much as $40 billion a year in 1974 as the economy continued to expand. During his campaign, President Nixon mentioned a dividend figure...
Nixon suggested that the dividend be split between a tax reduction and social programs, particularly aid to education. Before he joined the Administration, Economic Adviser Stein headed a Committee for Economic Development group that proposed spending most of the money to alleviate urban, racial and poverty problems. The group also recommended cutting the basic corporate income tax back to 38%, down from the "temporary" Korean War rate of 48%. In any case, debate over the peace dividend should lead to a valuable new appraisal of the nation's priorities-and its fresh opportunities...