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Q.E.D. In San Francisco, the Traffic Fines Bureau received Howard Frohlich's $2 parking tag in an envelope along with: a 20? dividend check from one share of Pan American World Airways stock, a state expense check for $1.35. and a 40? stockbroker's refund check, all made out to Frohlich and endorsed to the bureau, totaled it up to $1.95, looked again, found his personal check...

Author: /time Magazine | Title: Miscellany, Apr. 1, 1957 | 4/1/1957 | See Source »

Social Crediters freely admitted that the oil bonus is not the citizens' "dividend" promised when their party came to power 22 years ago. That scheme was to be part of a major overhaul of federal monetary policies, and is beyond the power of a provincial government. The payments now planned will help to drain off cash from an oil-enriched treasury that has already cut the province's debt to $90 million, financed large-scale grants to local schools and municipalities, and has built up a $347 million surplus. Some of the bonus money will also...

Author: /time Magazine | Title: CANADA: Cash for Everyone | 3/18/1957 | See Source »

Pragmatist. In Louisville, when the bank refused payment on his G.I. insurance dividend check made out for $72,000,000,000, Harold Fleischer pondered officials' advice to "frame it or take it up with the Veterans Administration," decided...

Author: /time Magazine | Title: Miscellany, Mar. 18, 1957 | 3/18/1957 | See Source »

...After trade, this Administration believes the most desirable source of dollar income is private investment . . . Loans have to be repaid, both principal and interest, whether or not the investment earns a profit. Not so with private investment. For the private investor to withdraw a dividend, he must first earn it. And investments are like trade in that there is no limit to their expansion...

Author: /time Magazine | Title: THE AMERICAS: Policy Statement | 2/18/1957 | See Source »

...cheery view was echoed by U.S. Steel's Chairman Roger M. Blough. Said the No. 1 U.S. steelmaster: the first-quarter steel outlook was "excellent" and the second quarter should be "a very good period." U.S. Steel's directors underscored their confidence by hiking the quarterly dividend from 65? to 75? a share...

Author: /time Magazine | Title: Business: Better Position | 2/11/1957 | See Source »

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