Word: minimum
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Dates: during 1960-1969
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...councils. Felix Gutierrez, another Latin leader, notes that the L.A.P.D. still refuses to lower the height requirements so that Mexican-Americans, who tend to be shorter than other Angelenos, can join the force. (By contrast, New York has cut an inch off its previous 5 ft. 8 in. minimum to attract more Puerto Ricans.) One Mexican-American says that a riot in L.A.'s Latin ghetto would have been inconceivable two years ago; now, he fears, "things might start to blow around here...
Ridiculous? Certainly. But it could come to something almost as bizarre, because last week the N.F.L. was on strike. After six months of bargaining, the owners of the league's 16 teams had acceded to 21 player demands, including increases in the guaranteed minimum salary (to $12,000 for second-year men, $13,000 for third-year men), payments for preseason exhibition games ($500 per game) and such minor benefits as air conditioning in the training-camp barracks. But on the 22nd point-pensions-negotiations broke down. Determined to show its muscle, the N.F.L. Players Association, headed by Detroit...
...wide-ranging inquiry into the fees charged to stock investors, it began to look like a warm-under-the-collar summer for the New York and American Stock Exchanges. For the first time since such rates were devised in 1792, the markets must publicly defend a system of minimum commissions that the SEC contends is capricious and unfair...
...said, Pershing thus surrendered some $6.9 million of its $9.7 million take from mutual-fund and other institutional trading. Michael J. Heaney, a floor partner at the American Exchange, said he was "very happy" to buy and sell for the funds for 30% to 50% of the prescribed minimum fee. "I don't want the full commission," he said. "I couldn't even count it all." A Question of Confidence. Though the SEC maintains it is not hunting for scandal, Wall Street always fears that hearings may cause a loss of public confidence in the securities market. Before...
Servan-Schreiber's work will naturally seem less revolutionary to Americans than to Europeans, from whom it demands, among other things, "a minimum of federalism." But it may come as a pleasant surprise for U.S. readers to see themselves, as at least one admiring Frenchman does, as a civili- zation whose "secret lies in the confidence of the society in its citizens." This confidence, says Servan-Schreiber. is manifested in such commonplace U.S. practices as continual reeducation of both executive and worker and in the delegation of responsibility that tries to "liberate initiative at every level." Europeans, he clearly says...