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...deal was cut, or rather sliced. The new lease calls for a 3,000-submarine payment in lieu of two years' rent. Gerrity, whose machine-tool factory is next door to the Big Dom's submarine shop in question, will dole out 1,200 sandwich vouchers to plant workers the first year. Ordinarily a Big Dom's sub can cost up to $4.95. Says Gerrity of his employees: "If they're smart, they'll go for the expensive ones...

Author: /time Magazine | Title: Americana: Ham, Swiss, Hold the Rent | 4/5/1982 | See Source »

...some cases even retargeted, by remote control from the Strategic Air Command's airborne command post, Looking Glass, which has a dual-key system. The firing could also be done automatically by the Emergency Rocket Communication System, a series of ultra-high-frequency radio packs launched into orbit in lieu of warheads by special iCBMs. If a submarine commander were cut off from communications, and if he were convinced that a nuclear war had begun, he would have no authority to fire his missiles?but he would have the capability...

Author: /time Magazine | Title: Living with Mega-Death | 3/29/1982 | See Source »

Although the Whitehead Institute will have tax-exempt status because of its university affiliation. Healy said he has nearly completed negotiations that would bind Whitehead to a "substantial" annual in-lieu-of-tax payment for city services...

Author: By Gilbert Fuchsberg, | Title: Council Debates MIT Research Facility | 3/9/1982 | See Source »

Healy said the third year of a Federal grant funding the clinics was cut recently, causing the financial problem. He added that one solution would be to increase in-lieu-of-tax payments by Harvard and MIT--currently around $500,000 each--in support the clinics...

Author: By L. JOSEPH Garcia, | Title: Council Vows Support To 10 Health Centers | 2/23/1982 | See Source »

...legislators will find, however, that the defense budget resists quick cuts that result in very large immediate savings. Salaries and retirement pay account for almost one-fourth of the budget and are hard to reduce because of the need for a steady stream of recruits and re-enlistments in lieu of a draft. The controversial strategic superweapons of the future, such as the B-1 bomber program and the MX missile, will be debated to determine whether the U.S. should commit itself to such huge funding in the years ahead, but even entirely eliminating these two programs this year would...

Author: /time Magazine | Title: Fat on the Sacred Cow | 2/22/1982 | See Source »

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