Word: funded
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Dates: during 1960-1969
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...meet six weeks later in the national election. Because campaign expenses for such primaries would be prohibitively high, the Federal Government would probably have to make political contributions taxdeductible. An alternative suggested by Louisiana's Senator Russell Long: each taxpayer would pay $1 into a national political campaign fund. In practice, a petition signed by a meaningful percentage of voters would have to be required in order to prevent marginal or merely eccentric candidates from qualifying for the funds...
...players were holding out for a pension-fund donation of $312,000 from each of the 16 clubs. That would increase the size of the fund from $5.5 million to $10.5 million and nearly double the basic pension (now $450 a month) for a five-year N.F.L. veteran at age 65. Pleading poverty, the owners refused. "There are at least three, maybe five teams in this league, which cannot absorb that cost and stay anywhere near healthy," said Washington Redskins President Edward Bennett Williams. The athletes were not convinced. Said Minnesota Vikings End Paul Flatley: "We put fans...
...largest single gift to the building fund drive so far, and brings the total of gifts and pledges to $2.8-million toward the project's estimated $6-million cost...
Dean Sizer said that he hopes to complete the fund-raising campaign in time to begin construction during the summer or fall...
...last week's hearings barely scratched the surface of Wall Street's rate structure, broker witnesses shed some light on how much give ups cost them. Van Vechten Burger, managing partner of Manhattan's Pershing & Co., testified that his firm routinely handles stock orders from mutual funds for only 25% of the fee set by the Big Board, passes on 75% to other exchange members. Last year, he said, Pershing thus surrendered some $6.9 million of its $9.7 million take from mutual-fund and other institutional trading. Michael J. Heaney, a floor partner at the American Exchange...