Word: money
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Dates: during 1960-1969
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...husband, writing out a $200 check, "My wife said she always wanted to be a philodendron." Happiest of all was Council President Homer E. Sayad, who totted up the bids, found the auction had netted the council $180,000. "Much more fun," said he, "than just asking people for money...
...attempt to close that gap is part technological, part financial, part political. In big cities, building-trades unions have long been a major obstacle to fully industrialized housing?buildings with huge parts preassembled in a factory instead of handcrafted at the site from myriad bits and pieces. That money-saving process increases the employment of industrial workers but reduces the need for highly paid (up to $7.30 an hour) building craftsmen at the site. When Chicago's Mayor Richard Daley started flexing his political muscles, however, the unions agreed not only to erect factory-fabricated units, which had long been...
...Rosenberg Foundation and the Economic Opportunity Act. Kingsberry Homes, a division of Idaho-based Boise Cascade Corp., sells $4,750 prefab packages to Alabama and Louisiana farm laborers under a little-known self-help loan program of the Farmers Home Administration. Kingsberry's customers pay only $100 down, save money by erecting the homes themselves, and have 33 years to repay the 4% loans. Most of them formerly occupied plantation shacks that lacked even such basic amenities as running water...
...form of a tender offer involving securities that it valued at more than $1.4 billion. Sinclair President O. P. (for Orlando Pendleton) Thomas' counterproposal of a get-together with Atlantic Richfield called for an exchange of stock worth slightly more than the Gulf & Western package. The extra money was not Thomas' main motive. In a letter to shareholders, his company questioned Gulf & Western...
Every year since 1893, U.S. businessmen and farmers have sold enough goods overseas to take in more money than the nation has paid for its im ports. That trade surplus has long been the foundation of U.S. global economic power. Over the past two decades, it has amounted to $79 billion, greatly diminishing the chronic balance of pay ments deficits caused by foreign aid and investment, overseas tourist traffic and military spending...