Word: funds
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Dates: during 1930-1939
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...factory superintendent 40 years old makes $3,000 per year; his annual tax to begin with will be $30 (1% of $3,000); the factory management must match his $30 with another $30 and the $60 will be turned into the Treasury to build up the Old-Age Pension Fund; at 65 the factory superintendent may retire to draw a maximum of $62.50 each month from the Government. Though the Federal Social Security Board in Washington has been working quietly for months with plans to inaugurate this vast pension scheme in 1937, few wage earners were aware until last week...
Applications are due on December 15 for the Charles and Julia Henry Fund Fellowship, which was founded in 1931 by the will of Lady Julia Henry "in the earnest hope and desire of cementing the bonds of friendship between the British Empire and the United States...
With December fifteenth set as deadline for the Henry Fund Fellowships, the need for seniors to plan far ahead of time the years that lie beyond graduation takes on added importance. Too often a student goes through his final year in college with his eyes closed as in a dream to the plunge that waits the other side of Class Day, and he wakes up rudely to find the opportunity for study and travel abroad denied him simply because he failed to apply in good season...
...have been bolstered up every summer by amateur volunteers who are willing to pay for the privilege of service that runs from the hard physical labor of unloading provisions to curing Eskimo diseases. Although the new plan is frankly an experiment, and if it fails, the disposition of the fund will go back into the hands of the Cabinet; still it is no longer ninety-eight per cent one way and two the other. The nickel now has both a "heads" and a "tails...
...investment dealers throughout the land, American Telephone & Telegraph Co. last week sold $150,000,000 of 3¼% debentures, biggest single issue floated by any U. S. corporation under the Securities Act of 1933. Another $25,000,000 was sold to A. T. & T.'s pension trust fund. Though some of A. T. & T.'s operating subsidiaries have taken advantage of prevailing low money rates to refund their bonds, this was the parent company's first move to shave interest charges on its own $450,000,000 debt. Another $150,000,000 refunding issue is expected before...