Word: funding
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Dates: during 1960-1969
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...employed a dry wit and a lawyer's tough logic in his pivotal task under Beadle: raiding other faculties of their top talent. An aristocratic intellectual who reads widely at jet-pace speed, Levi developed a rapport with academicians that neatly complemented Beadle's administrative and fund-raising skills...
McNeill's attorneys, paid for in part by a faculty-sponsored defense fund, managed to cast considerable doubt on the girls' testimony. Witnesses claimed that Susan had such a hatred for McNeill after she got a low mark on a test that she pounded her desk, cried "I hate you!," later called him "a son of a bitch" and talked about "dirty black niggers." His lawyers raised the question of why she had kept still for 45 minutes without trying to protest-although a class was in session in an adjoining room, the doors were unlocked...
...U.A.W. has a strike fund amounting to $67 million, enough to keep its Ford workers on benefits (up to $30 a week for a married man with children) for more than three months. Faced with that drain on its treasury, the union is preparing to raise strike assessments for workers still on the job from $1.25 to as much as $21 a month. As for Ford, sale of its 1968 models is scheduled to begin Sept. 22, and the 90,000 cars already in dealers' hands should last for three weeks after that...
Each nation will participate in proportion to its IMF deposits. The U.S., for example, accounts for 24.59% of the fund's resources...
...Britain and the U.S., whose currencies and balance of payments have borne the brunt of the increased world trade, the de-emphasis of gold and hard currency should bring some relief. The London agreement still awaits approval, however, by the 106 nations of the International Monetary Fund, which meets later this month in Rio de Janeiro. At that time, the plan will be spelled out in further detail. Remaining to be decided, for instance, is the amount of special drawing rights to be created. Best estimate is between $1 billion and $2 billion for a start. Though small in amount...