Word: outlay
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...weeks ago, Harold McCray of Mayo, Fla., signed a five-year agreement with Quality Holstein for 70 dairy cows. The herd cost him an initial cash outlay of only $6,000 rather than the $100,000 purchase price. McCray now expects to make $4 per day on each cow and receives as a bonus any offspring born during the lease. He also expects to exercise an option that would permit him to buy the cows at a discount when the contract expires in 1985. As long as credit money to farmers remains tight, Quality Holstein Leasing is likely...
Last November 35 nations, including the U.S., gathered in Geneva and signed a pact pledging to work together against this skyborne peril. President Carter has authorized a $10 million annual outlay for a ten-year research program on acid rain, which he considers one of the two gravest environmental threats of the decade (the other: increasing levels of carbon dioxide in the atmosphere from the burning of fossil fuels...
...back." How much? "That's my secret." The Leavitt will use cotton sails, partly because they are cheaper, partly because they wear longer on a working ship. A set will probably cost $15,000. Her hull and spars must have cost more than $350,000. The total outlay had to be considerable. But, snaps Ackerman, "whatever it is, there is no mortgage. Not one cent...
...Boston specialist with an international clientele: "Remember that when a doctor has finished seven or eight years of schooling, two or three years of internship, two or three years of specialization, by then he is married, starting a family and an expensive practice, and is at his peak outlay. Consider the long years of learning and not earning, the killing hours and loss of contact with family." A few doctors indeed hint that they are underpaid?or observe that they earn less than corporation chiefs and top sports stars, though their value to society is at least as great. Whatever...
...episode should be instructive to a country that has long been beset with doubts about its overall foreign aid program. It is particularly ironic that Washington should have given such a hospitable reception to a big, unexpected outlay in these tight times. Earlier, Congress had been expected to offer stout resistance to an Administration proposal for a $159 million increase, to $6 billion, in economic and military aid worldwide for fiscal 1980. Last week's events probably will not alter that prospect dramatically, but they at least raise the possibility that the nation might be moved to renovate...