Word: fractionalism
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...certainly has good reasons for not seeking another term. His $69,800 annual salary is a fraction of what he could make with a major bank or corporation, and the job requires him to commute between Washington and Manhattan, where his arthritic wife works as a bookkeeper and houses a boarder to help pay the bills. Yet Volcker clearly loves his present work. Says a close associate: "There's no job anywhere at any salary that would be as exciting or as important or as historic...
This may seem extravagant for a financially strapped town. However, all but a fraction was donated by local citizens and businesses, which picked the projects from a ten-page brochure as if they were selecting presents from an L.L. Bean catalogue. The printing bill for the presentation ran to $250, but even that cost was borne by donors, the city council members. Explains William Talley, city manager of Anaheim, Calif, which also publishes a catalogue for givers: "Cities can't ask the Federal Government for the money because it doesn't seem to be in that business...
...introduction to the exhibit, Time Inc. Editor in Chief Henry Grunwald wrote: "The covers represent only a fraction of TIME's coverage of French affairs. But they outline the changes both in the American view of France and in the institution known as the newsmagazine." Stanley Hoffmann, professor of French civilization at Harvard, who supplied the accompanying first commentary, noted, "While the French have long thought that Americans had an image of France that was simultaneously archaic, sentimental and condescending, this is not the image that emerges from TIME's covers." Hoffmann counted 73 covers on political...
...dilemma of whether to kill the killers comes up in only a small fraction of all U.S. homicides. The criteria for capital murder vary from state to state and even, inevitably, from case to case. In general, there must be "aggravating circumstances." These can be as specific as the murder of a fireman or one by an inmate serving a life sentence; as common as a homicide committed along with a lesser felony, like burglary; and as vague as Florida's law citing "especially heinous, atrocious or cruel" killings. It is estimated that about 10% of U.S. homicides currently...
While Bridgestone builds a large share of the tires on Japanese cars and trucks bound for the U.S., it has only a small fraction of the American replacement-tire market. With protectionist sentiment against imports on the rise, Bridgestone Chairman Kanichiro Ishibashi, son of the founder, decided that the surest way to boost American sales was to produce tires in the U.S. Initially, Bridgestone officials talked of building a new plant, but Firestone Chairman John Nevin, who has been streamlining his firm, persuaded the Japanese company last February to buy the tire factory at LaVergne...