Word: one-year
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...that she was denied assignments to three embassies in Africa in 1965 simply because she was a woman. Accordingly, said Macomber, she would be promoted to the rank of Foreign Service Officer 3, would receive a salary increase from $19,537 to $22,135, and would be awarded a one-year assignment to a prestigious course at the National War College...
...leaders of many large corporations ordered complete budget reviews. Said Paul Oreffice, financial vice president of Dow Chemical: "Our budget for new plants over the next year could go up from its present level of $150 million to as much as $200 million." One major complaint was the one-year time limit on the maximum 10% credit. The incentive would have almost no effect during the 90-day freeze. Pointing out that most capital investments take 18 to 24 months to complete, Harold Williams, dean of U.C.L.A.'s business school, argued that a permanent credit of 71% would provide more...
GOVERNMENT SPENDING CUTS. Alan Greenspan argues that "the $4.7 billion reduction in this fiscal year's budget and the one-year delay in the welfare bill are the most important moves in the longer run. If we do not reduce our huge deficits, we will have grave difficulties controlling inflation." To that contention David Grove adds: "Instead of the cuts, I would have preferred more fiscal stimulation. The reductions were mainly a political maneuver, to show that everybody has to sacrifice. President Nixon was saying, 'See, we are making cuts...
...Chicago's magistrates have long been known as "precinct captain-judges," meaning that they handle relatively minor judicial matters and usually earn their renewable one-year appointments through loyal service to the Democratic and Republican political machines. No one minded much until a new state constitution, adopted last December, automatically elevated all Illinois magistrates in office on July 1, 1971, to associate circuit court judgeships-complete with four-year terms, a salary raise from $23,000 to $32,500 and considerably expanded judicial responsibility. Appalled at the potential impact on the administration of justice, the activist Chicago Council...
Friendly has served as a Federal Judge in the U. S. Court of Appeals for the Second Circuit since 1959. In 1960 he was elected to a one-year term as President of the Associated Harvard Alumni, and in 1964 he was elected to a six-year term on the Board of Overseers...