Word: equalized
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Dates: during 1930-1939
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Hence Secretary Hull first got Congress to revive the job of "Counselor," co-equal with Under Secretary in rank and pay ($10,000). The younger, career diplomat, he gave an office adjoining his own, the right to be Acting Secretary in his absence. To the older, amateur diplomat he gave an office two doors away, a closer place as his personal adviser on semilegal and political problems. In short, Sumner Welles will wear the spats, Judge Moore the carpet slippers...
Chief objection is that the usual life policy is made up of two indivisible parts, pure insurance and a mandatory savings account. This type of policy provides ''level premiums," a device to equalize payments throughout the life of the policy. (Actuarial tables call for premiums increasing with age.) In the usual policy the amount of pure insurance decreases each year by an amount just equal to the increase in cash value. Thus a $10,000 policy with a $5,000 cash value is really $5,000 worth of insurance plus $5,000 worth of savings. However, the savings...
...Crow system, they crowed in their lead stories. But when newshawks talked to him in Washington they found out differently. His complaint, it seemed, was not with the South's segregation laws, but with the roads that provide inferior accommodations for segregated Negroes when the laws specify equal accommodations. Indeed, he said, he could find no fault with some of the roads that do business in the South...
...four loyal Prime Ministers had just been gratified by the first Coronation ceremony (see col. 3) in history which featured separate oaths by the King for each Dominion. And King George had received them all at Buckingham Palace with equal deference (see cut). Colleague Baldwin was now anxious to capitalize that equality by letting them share his biggest headache: Britain's $7,500,000,000 bill for Rearmament...
...Ranger repeats her model's victory against the challenger this summer, it will be the third in a row not only for Skipper Vanderbilt but also for Ranger's head designer, William Starling Burgess. If his boat defends the Cup successfully, Starling Burgess will equal the record made by his father, Edward Burgess, whose Puritan, Mayflower and Volunteer defended the Cup in 1885, 1886 and 1887 and made him the most famed yacht designer...