Word: lowers
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Dates: during 1960-1969
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...five months after Birmingham's voters ousted the three-man city commission and replaced it with a racially moderate mayor and city council, and one month to the day after the Birmingham church bombing, the Fraternal Order of Police issued a statement asserting that hiring Negro policemen would lower the morale of the force...
These figurse are very crude, of course. The categories are extremely broad. Within each category, Negroes, on the average, have worse jobs at lower rates of pay. But even at this very gross level, many of the essential problems emerge clearly...
...past, the return on education was sharply lower for Negroes than for whites, because of discrimination and other factors. For example, in 1949, a white high school graduate in the South could expect to earn a lifetime income of $6,250 great er than a drop-out. A nonwhite could expect only $1,820. With a lower return, greater pressure to begin to work to contribute to low family income, and cultural deprivation, it was no wonder that Negro youths generally quit school. But the situation is changing. Job discrimination is diminishing, and the value of a high school education...
...Only the Dodge Charger and the Mustang fastback bucked the trend and will sell a shade lower. But this has been accomplished by turning several standard items into option als for which the buyer now must pay extra...
...lender any dividends issued on the stock during the period of the loan. If the stock value jumps, the broker can demand more cash, thus forcing the seller to rush for cover. Most important, any profits made on a short sale are taxed as straight income, not at the lower capital-gains rate...