Word: nonprofitability
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Poverty Gap. Roman Catholic hospitals and many Catholic and Orthodox Jewish physicians will have nothing to do with abortions. To them the law, like the procedure, is anathema. But a surprising number of nonsectarian "voluntary" hospitals (private but nonprofit) are imposing restrictions that are generally tighter than the law requires. The effect is to shunt many cases to "private" (meaning for profit) hospitals, which are making a financial killing as high-class abortion mills, while the poor, who are most in need of cheap, safe operations, are getting the least benefit from...
...monthly magazine that has been cataloguing caveats for shoppers since before Nader was old enough to lose control of a defective kiddie car. Not that there is any rivalry between Nader and CR. He is now, in fact, a director of the magazine's parent corporation, the nonprofit Consumers Union of U.S., Inc. The publicity accorded Nader's personal crusades, plus the general rise in consumerism, has no doubt contributed to CR's surging popularity. Founded along with Consumers Union in 1936, CR took 30 years to reach a circulation of 1,000,000. In the past...
...great, national exchange will in time take the place of the many that now exist. As a first step, the New York and American exchanges may merge entirely in the next few years. However farfetched it may seem, some Wall Streeters argue that a combined exchange should become a nonprofit foundation: members would not buy seats but earn them through competitive examinations...
Preventive Advice. The crunch comes in New York City. Until a code is promulgated in about three weeks, there will be no local regulations governing abortions. Then, health officials believe that 15 municipal hospitals, plus about 40 voluntary (private but nonprofit) hospitals will be able to handle the cases of local residents. They have no clear idea what will happen to women who flock in from Connecticut and New Jersey-and probably much farther afield -where a legal abortion is still virtually unobtainable...
Because the Arturo Toscanini Society is nonprofit, Key believes he has successfully bypassed both copyright restrictions and the maze of contractual ties between RCA and the Maestro's family. Last week, RCA's attorneys were looking into the matter to see if they agree with Key. As long as it stays small, the Toscanini Society appears to offer little real competition to RCA. But classical-LP profits are so low these days, and piracy by fly-by-night firms so prevalent within the industry (an estimated $100 million in tape sales for 1969 alone), that even a benevolent...