Word: hiked
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Dates: during 1950-1959
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...fourth time since 1953, the Administration has granted an increase in faculty salaries throughout the University, the CRIMSON learned yesterday. Teaching fellows, instructors, and assistant professors will receive a hike in maximum salary, while the average pay for associate and full professors will rise this year...
...Banner" Price Hike: "We're not apologizing for the rate increase. We don't recall that our favorite grocer knocked himself out explaining when our favorite 46-oz. can of tomato juice jumped from 19? two years ago to 36? as of today. There's nothing prohibitive about $4 a year for a home-town newspaper. That's about 7½ ? a copy. About half our readers loll around coffee shops swilling from four to twelve cups of 10? coffee every day. They shouldn't squawk about paying the price of one cup of coffee...
Labor is high-priced in Cambridge. Harvard, one of the two Ivy League schools with a union contract, pays the top wages for kitchen workers, along with Yale. A new contract last year played an important part in the board hike. But, at the same time, Harvard provides less expensive meals than Yale, especially when the policy of seconds is considered. Yalies shell out about $520 for eighteen meals--which, according to Tucker, comes to over $602 for a full 21-meal schedule, and the unfortunate Elis cannot have seconds on meat. Students at Princeton pay $560 yearly...
Whether the Fed's move was justified was loudly disputed. Certain congressional Democrats lined up against the rate hike. "Extraordinary." said Illinois' Senator Paul Douglas. "An awful thing," said Chairman Wright Patman of the House Small Business Committee, who issued a new call for a sweeping inquiry into federal fiscal and monetary policies. The Fed's move, said A.F.L.-C.I.O. President George Meany, "represents a further tight-money dampener to economic recovery, while 6% of the labor force is still unemployed, and about 20% of productive capacity is idle...
...shares daily, Dow-Jones industrials hit a peak of 611.87, or 175 points above the 436.89 low of a year ago. Not even tough news could jolt it. The index gave up only 2.35 points on the Federal Reserve Board's discount-rate hike (see above), closed...