Word: pay
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Dates: during 1950-1959
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...ease of getting nice things on the cuff first became plain to him when he got a limited credit card issued by the Chase Manhattan Bank. It permitted him to charge up to $300 in New York stores, pay it back at the rate of $25 a month. Last August he overdrew by $73, and the bank put a stop on further debt. Meanwhile, with his Chase card as a recommendation, Miraglia applied to the Diners' Club, American Express and Conrad Hilton's Carte Blanche for good-anywhere credit cards. Diners' and American Express turned him down...
...workers-and there is no worry about the expansion in population that preoccupies many of the world's sociologists. One South German auto manufacturer, after hiring every idle man in 30 miles not confined to a wheelchair, sent a recruiting team through Germany offering competitors' workers big pay increases. Another employer offered to pay his men $9.52 to bring in a teammate. When a depressed Ruhr coal mine laid off 400 men, a Frankfurt rubber factory sent agents out to hire them. After a Swiss-owned electrical plant at Ladenburg burned down, competitors in Mannheim and Ludwigshafen rushed...
...while some employers are cutting working hours. When Volkswagen opened its new Kassel truck plant, 3,000 workers were put on a 4O-hour week v. 44 in the usual contract. Other plants offer cut-rate housing, fatter pensions, and so-called Thirteenth Salary, i.e., a month's pay at Christmas, now almost standard in Germany...
...Doriot, 60 (he served in the U.S. Army Quartermaster Corps), began plugging five years ago for a European graduate business school to serve the European Common Market he saw coming. The Paris Chamber of Commerce agreed to sponsor and administer the school. The European Productivity Agency offered to help pay professors' salaries; various European and U.S. companies gave money, set up a student loan fund that is helping 80% of the first class to pay the $1,400 tuition. Harvard delegated Doriot and Business School Dean Stanley F. Teele to help organize the school, contributed case histories...
...imagines himself going from hit to hit, but unfortunately he staggers from cliche to cliche. For six months he lives in the inevitable cold-water flat with an orange crate for an icebox, and walks the streets from one tryout to another. Nothing doing. Then a talk-big, pay-small type Dean Martin) gives him a good part in a bad play in the usual cellar in Greenwich Village...