Word: funds
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Dates: during 1930-1939
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Item: The British Unemployment Insurance fund (see below) will gobble up £45,108,000 this year, nearly twice its last year's gobble...
Mayor Curley's gesture last week was to insure his life for $102,285 and make these provisions: upon the death of the last of his four children who will share its income, the fund shall be invested at 5% shall be allowed to grow for two centuries, becoming $45,548,527 in 2131. Thereafter its income of $1,821,943 per year shall be used to care for Boston's unemployed...
...Benjamin Franklin bequeathed part of his estate to Boston for 200-year investment, to be loaned to "young married artificers" who faithfully served their apprenticeships. Changed economic conditions have limited the practical usefulness of the Franklin fund, now worth about $458,000 (TIME...
Proudly the Chancellor boasted that in the past year he managed to put £66,830,431 into the sinking fund. "It says much for the soundness of our national financial position," he cried, "that after a year of unparalleled financial depression we have not only been able to pay our way but to make such a substantial reduction in our debt...
This cash is pooled with the national Unemployment Fund. The worker, as his pennies clink merrily in, comes to have a pleasant, capitalistic sense of "money in the bank...