Word: funding
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Dates: during 1960-1969
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...think they [the government] try to follow a prescription standardized for all nations by the international monetary fund, which deliberately ignores the degree of development and the degree of culture in each country and prescribes a standardized recipe for all countries to curb inflation. In our case, for instance, we must have a slight degree not of inflation but of emission--provided we increase productivity to get it back next year, or two years ahead. By giving the financial aspect of inflation a first priority and ignoring all the social cultural, and political implications of it, the government not only...
...bill, field in December by two legislators, would make it possible for alumni to vote in overseer elections immediately after graduation; they are now required to wait for five years under a restriction passed by the General Court in 1865. The five year rule discourages participation by alumni, hurts fund raising attempts, and prevents those who know most about the college problems from electing the men who eventually rule on appointments and other important matters...
Against Apartheid. The unsolved problem for the churches is the precise way in which this economic power ought to be used as a moral lever in society. One kind of answer was recently suggested by the Protestant biweekly Christianity and Crisis. The magazine withdrew its deposit fund of slightly more than $10,000 from Manhattan's First National City Bank. The gesture of protest was taken because First National City is one of ten U.S. banks in a consortium that provides a $40 million revolving fund to the government of South Africa. In announcing the withdrawal, the editors conceded...
This law, which was passed 101 years ago, has become the source of increasing alumni complaint in recent years. Many alumni officials feel that the rule discourages participation in any alumni activities and hurts fund raising attempts...
...Walt Disney settled 45% of his vast estate on a Disney Family Trust for his widow Lillian, their two daughters and seven grandchildren; another 45% went to the philanthropic Disney Foundation, chiefly for the benefit of the California Institute of the Arts, and the remaining 10% established a trust fund for his sister and three nieces. The great fantasist's will mentions no dollar figures, but with all his monumental real-estate holdings and film enterprises, the total is estimated at more than $50 million...