Word: funds
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Dates: during 1940-1949
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...nine-hour day to a $13.05 eight-hour day (including an hour to travel from the mine portal to the face of the working and back, and a new half-hour lunch period). The arithmetic was further complicated by doubling the royalty paid into the miners' health & welfare fund to 110? a ton (between $50 and $60 million a year...
...years of service. Thus, at current rates, a typical worker could retire after 30 years on a $77-a-month Ford pension. If a worker dies before retirement age, his family will receive all he paid in, plus interest. Workers will contribute 2½% a year to the pension fund on earnings up to $3,000; over $3,000, payments will be 5%. The company's contribution will be approximately 17½% of the current payroll. To compute the benefits for past service, Ford agreed to use each worker's 1946 earnings, highest ever in peacetime...
...State for Economic Affairs warned: "The level of our foreign trade in the immediate future will be largely determined by the volume of American aid and assistance. At the moment, there remain less than $5 billion of unused governmental commitments, plus the resources of the International Bank and Fund...
...Standard commented: "Near obscene terms . . . power lusts." Hecht came close to an apology-for him. He sent a "Letter to the People of Britain," later published as another fund-inviting ad in U.S. papers. The "Letter" began...
Wilbur A. Cowett '45 won the James Gerdon Bennett prize for his essay on "Civil Liability of the Bueaurocracy for Unilateral Administrative Acts." The income from the Philo Sherman Bennett fund was awarded to Sumner L. Feidberg '45 for his paper on "Chain Stores...