Word: got
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Dates: during 1950-1959
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...school district of Aldine, Texas, on the outskirts of Houston, is a spectacular example of money over mind. Two years ago, the Aldine taxpayers' association got full control of the seven-man school board, and nothing but penny-pinching grief has resulted since. The Aldine district (pop. 45,000) has had three school superintendents in two years, turned over 9% of its students to Houston to save money. Last summer the board cut the proposed school tax from $1.58 per $100 property assessment to $1.35. Result: the town's twelve schools (9,000 students) temporarily lost accreditation: after...
...that, even the board had misgivings, got special permission from the state legislature to raise $200,000 by selling short-term warrants to its Houston bank. As citizens cheered, the board voted to reopen the schools and even to boost the tax rate next fiscal year to $1.75. But trouble was far from over: the bank flatly refused to buy Aldine's warrants, and the schools stayed closed...
...week's end the advisers and supernumeraries departed, and a four-man team from both management and labor got ready to sit down this week to begin the serious bargaining that will result in a new contract-or a strike...
...industrywide shutdown should the union decide to strike one or two firms instead of striking the whole industry at once as in the past. Such a pact would be similar to the profit-sharing pact signed by struck airlines last fall (TIME, Nov. 10), except that the airlines later got tentative approval from the Civil Aeronautics Board, which can exempt airlines from antitrust procedures...
When John Long got out of the Army Air Corps in 1945, he and his wife Mary moved into a rented, one-bedroom house in a suburb of Phoenix, Ariz, while he built his own house. He worked on the new house for six months with Mary's help (she did the painting and finishing touches). When it was finished, Long got an offer for the house, sold it at a $4,300 profit. He and his wife set to work building another house, but they sold that one too-and the next, and the next. By last week...