Word: funds
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Dates: during 1930-1939
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...companies for which he worked, even if he changed industries. The employer would not share the premium of a policy over $5,000. c) Old age pensions, to be effective when the worker reaches 70, would be worked out along the same lines, with the companies putting by a fund dollar-for-dollar with the employe as long as the company's share would not exceed $50 a year, d) A similar provision would be provided for unemployment insurance...
...insurance. The Carnegie Foundation provides (through its member colleges) 9,430 teachers with pensions much in the manner President Swope suggested. And last year (TIME, July 28, 1930), President Swope announced an unemployment insurance program for General Electric in which the company shares with the worker a fund which guarantees him $20 a week for ten weeks if he is idle...
...hotel. The land upon which it is built is owned by the New York Central. For the construction of the building New York Central advanced $10,000,000. The remainder was provided by the issuance of $11,000,000 in bonds secured by a leasehold. The interest and sinking fund on the $10,000,000 advanced by the New York Central is to be paid out of hotel operations, before interest on the $11,000,000 leasehold bonds. Its cost was estimated at about $19,000,000; the furnishings are thought to have come...
...wife had created a $200,000 foundation for the education of natives of U. S. Samoa. Established in memory of their son Frederic Duclos Barstow, Vermont fox-rancher who visited Samoa three times and became interested in its educational conditions before dying at 35 in Honolulu last May, the fund will be administered by five U. S.-Hawaiians, who once every five years will send an investigator to Samoa to report on the state of education there...
Ravinia is peculiarly the hobby of one man, Louis Eckstein. It was he who saved it a few years ago from becoming just another amusement park. He engages the singers, selects the repertoire, and, quite inevitably, pays most of the bills. To be sure, there is a guaranty fund subscribed to by many North Shore residents, but it is wholly insufficient to meet the annual losses. Last year Mr. Eckstein paid $139,000 out of his own pocket. This summer's season will cost him nearly $188,000. One can only agree with him when he says: "It is certain...