Word: effective
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Dates: during 1960-1969
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What Cambridge needs in more housing, particularly more law rent housing, to relieve immediate needs, but also higher cost housing to avert such potential pressure on the present low-rent stock. Rent control should be considered in the light of its effects on the overall housing stock of the City, and effect, at least in the long run, is likely to be negative...
TRUE, MOST of the apartment now being constructed in Cambridge do not qualify as low rent housing, but such apartment -- which usually represent a net addition to the housing supply--soak up a portion of the housing demand which would otherwise bid for existing units. In effect, if new apartments, are not built due to rent control, the people who would have lived in them have three choices...
...other business the Council passed the largest budget in the history of the City, changing only slightly the request of the City Manager. The new budget of $33,165,539.51 represents a $931,000 increase over last year's budget. It is still unclear, however, just how this will effect the tax rate in the city since the City has not yet received a statement of debts from the state...
While he was at Harvard during the 1950's, Surrey headed the International Program in Taxation, which trained about 20 foreign tax officers each year. With a special interest in the effect of tax laws on underdeveloped countries, Surrey served on the American Tax Mission to Japan in 1949 and 1950. He later drafted the Excise Tax of Puerto Rico while acting as a consultant to the Secretary of the Treasury of Puerto Rico...
...work stoppage lasted only 24 hours, but it demonstrated that union chiefs had support for their demands from the rank and file and that they probably could call the workers out again at any time - with even greater effect. This time, the mail piled up, garbage went uncollected and transportation by bus, train or plane came practically to a standstill. Power blackouts forced Parisians to dine in cafés by the flicker of candles or the glow of gas lamps. About 150,000 workers marched along rain-splattered streets to the Place de la Bastille. Students crashed the demonstration...