Word: fund
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Dates: during 1950-1959
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...attempts to raise funds have centered largely around interested corporations and foundations which have a stake in the development of Harvard's project. "We have been trying to avoid canvassing alumni in our drive," Katz said, "because we don't want to disturb the regular Alumni Fund procedure...
...last campaign, television and radio were freely used by both parties. The Republican party, however, was able to utilize these media far more effectively than the Democrats, simply by virtue of a larger campaign fund. The Senate Subcommittee on Elections and Privileges has revealed that the Republicans outspent their opponents 2 to 1. The GOP was able to obtain not only more time on the air, but, from the important standpoint of audience appeal, better time...
...complicated maritime laws, the ships' liability is limited to the value of the vessels after the accident, unless negligence is proved. Since no negligence has been proved, the Swedish American line will pay $4,000,000, the value of the Stockholm after the collision, into a joint liability fund. The Andrea Doria being a total loss, its owners will pay only $400,000 into the fund, the amount the ill- fated vessel earned on its last trip. If the $4,400,000 total is not enough to satisfy the passenger-cargo claims, the Andrea Doria will hike its contribution another...
Biggest reason for rushing through the settlement: to take advantage of the limitation of liability doctrine under which the joint liability fund was set up. If each line went ahead in court and proved the other guilty of negligence, the liability limitation would be scrapped, making it easier for the third parties to press damage suits in any amount. The third parties can still try to prove one or the other of the ships negligent, but it now becomes a much more difficult and costly job since the two lines have dropped their mutual countercharges...
With the fruits of the fund drive in mind, the University projected several new Houses, and for that purpose the Overseers visited Harvard to report on the prospects. According to the Overseers, the new House will resemble Mr. Gropius' Graduate Center, except that it will be soundproofed and perhaps have a parking lot underneath...