Word: dividend
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...outside was cluttered with Mercedes, Cadillacs and Rolls-Royces. A night out for Venezuela's big rich? Not exactly. In Caracas' Chamber of Commerce auditorium, the heads of the country's 130 biggest businesses were gathered to charter an enterprise unique for Latin America - the "Voluntary Dividend for the Community." Through it the businessmen will donate from 2% to 5% of their profits to help fight poverty in Venezuela...
...biggest dividend from the stay-out will not be School Committee concessions, or increasing civil rights participation, but the useful strain it puts on the leadership itself. As the demonstrations grow bigger and the objectives become more complex, civil rights groups will have to add trained personnel to their staffs to cope with burgeoning administrative duties. Organizers and fund-raisers will have to be employed on a full-time basis. The Boston movement can begin to build the kind of civil rights "bureaucracy" that has proved so crucial to the sustained, sophisticated struggle in New York. There, part-time civil...
...surprising, but almost everybody comes out of the hearings looking shabby. There is, of course, the great and good exception of Mr. Welch (whom Richard Rovere called "the aesthetic dividend" of the proceedings). But then Mr. Welch was brought in by the Army from outside. It is easy to imagine what might have happened if someone less stalwart and more representative of the Washington atmosphere had been chosen...
...medicines and drugs can be deducted only to the extent that they exceed 1% of income. The maximum deduction for care of children by taxpayers who must work would be raised from the present $600, to $1,000 if they have three or more children. The 4% credit on dividend income would be repealed in two steps by 1965, and the $50 of such income that can now be excluded would be increased to $100 for single persons, to $200 for married couples filing jointly...
...just become one of the nation's first Negro actuaries. He scaled down overly generous interest rates, introduced stiffer medical examinations and began to train Mutual's loosely assembled staff of agents. By 1943 the firm was enough in the black to make its first dividend payment-and has not missed one since. North Carolina-born Spaulding, now 61, became president...