Word: panels
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Dates: during 1960-1969
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...lode of Italian art that four different generations of American collectors have mined it without too much duplication. Pioneer Jarves, whose collection was eventually auctioned off to cover his debts and bought by Yale for a bargain $22,000, is represented in the CRIA exhibit by a Sienese wood panel Annunciation, by Francesco di Giorgio and Neroccio dei Landi. The precise taste of turn-of-the-century Railway Heir Henry Walters is illustrated by the three exquisitely patinaed bronzes lent by the Walters Art Gallery, in Baltimore, which he founded. The spirit of J. P. Morgan, whose lavish purchases bulled...
...White House panel -- including a professor of Mathematics form Harvard -- has drawn up a new college-loan plan that would require students earning large incomes after graduation to repay more than those earning less...
...panel proposes that for each $4000 a student borrows while in college he should be charged one per cent of his yearly income for 40 years after his graduation...
...plan tying repayment to income could become enormously expensive for graduates with very large incomes, so the panel has provided for an escape route from the 40-year obligation. At any time, the student could repay the entire amount of his loan if he also paid commercial interest rates on the money he has borrowed. Andrew M. Gleason, professor of Mathematics and one of the panel's members, said that commercial rates would be about six per cent...
Gleason said yesterday that the panel will probably not present its report to the White House until September, but he said that preliminary reactions were "fairly favorable." He added that the plan, which would have to receive Congressional approval, could not conceivably go into effect for two to three years...