Word: minimum
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Dates: during 1950-1959
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...World Bank started out with 38 nations (now 58), each subscribing loan funds ranging from $3.2 billion for the U.S. down to a minimum $200,000 for Panama. In a partnership of the world's "haves" with the "have-nots," all nations cooperated to run the bank through a board of governors, one member from each country, and a president, who has always been an American. Only member nations were allowed to apply for loans, and since voting strength was weighted by the size of each national subscription (the U.S. has a 30% vote), the U.S. and other like...
Black's relaxed approach penetrates the entire World Bank. No tight-collared protocol man-"don't have time for it"-he keeps paperwork to a minimum, hardly ever writes a memo, instead prefers to work out problems face to face. He lets underlings work out projects, does not like to "discuss loans until they are just about on the edge of the stove...
...completely destroyed in a three-alarm fire, after which Clarence Dillon '05 offered funds for a new field house. Then on 17 January 1930, Boston papers revealed that 20 cleaning women in Widener had been dis- charged by the University. Apparently their salaries were not up to the legal minimum wage, and the University was unwilling to raise them by some two cents an hour. The Administration said, however, that the dismissal was only part of a reorganization move and had nothing to do with the added expense...
Medically and architecturally, the U.M.W. hospitals in West Virginia, Virginia, and Kentucky are among the most advanced to be found anywhere in the U.S. Built for the low cost of $16,000 per bed, the hospitals were designed for maximum efficiency, minimum operating cost. Each "chain-store" hospital is laid out around a central service core, from which food and drugs move by assembly belt and dumb-waiter to dispatch stations on every floor. A centralized administration and service center at Williamson, W. Va. will keep the books and do the housekeeping, e.g., maintenance, filling of prescriptions, laundry...
...what she bitterly refers to as the Second Sex, France's Simone de Beauvoir would rather talk than eat. Since she is the grande dame of French existentialism and all-round good friend of Jean-Paul Sartre who founded it, it goes without saying that there is a minimum of natter in her chatter. She can be wrongheaded, she can make ridiculous statements (America Day by Day; TIME, Dec. 14, 1953), but even her nonsense is the product of one of the sharpest and best-stocked minds in letters...