Word: pay
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Dates: during 1940-1949
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...School is left to sign the check for what officials term the "intangibles"--chief among them, spending time to organize the project and the providing of the space to carry it out. What happens is that for each $1.00 of gift money received, the School is often left to pay out $1.05, $1.40, or perhaps even more...
...stood like a half-filled honeycomb as a monument to the folly of its builders. The Army used it as a barracks at the beginning of the war, and in 1943 Chicago Contractor Stephen Healy bought the white elephant and caught Hilton's eye by making it pay in the war boom that was suddenly filling all hotels. But when Hilton began to bargain for the Stevens, he met his match in Healy. The contractor jacked up the price three times, until Hilton suddenly let it be known that he was going after the Palmer House instead. Healy finally...
...money, and raised $200,000 from friends. He needed another $150,000, and he borrowed it from the contractor who was to build the hotel. Then he ran out of money and his troubles began. When a secretary mistakenly mailed a $50,000 check to pay a plumber's bill, Hilton dashed to a friend who knew the postmaster to get the check back before it was delivered. Without being asked, the friend lent Hilton $50,000 to cover the check. When Hilton ran out of money again, he went back to his landlord and persuaded him to finish...
...Them In." The managers do it by putting every foot of hotel space to work. In the Plaza, Hilton's men converted a basement storage space into the swank Rendez-Vous Room, where New Yorkers and visitors now pay $500,000 a year to dine & dance. Stockbrokers E. F. Hutton & Co., who had been paying only $5,000 a year for valuable ground-floor space, were moved upstairs (for the same rent). In their place the original Oak Bar was restored; it now grosses $25,000 a month. When Williford saw the chance to make $18,000 a year...
This is not true at Harvard. Only about 15 percent of the College belongs to organizations which worry about discriminatory "qualifications" for admission; only one group has a discriminatory charter. These groups are purely social clubs; their function is severely limited by University Hall restrictions requiring students to pay for room and board in College buildings...