Word: pay
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Dates: during 1970-1979
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...Reserve. "I am satisfied on the basis of my conversations with the President that he has a good understanding of the problems," Volcker said later. His other consideration: moving from the New York Federal Reserve Bank presidency to the chairmanship of the whole system involves, because of the federal pay structure, taking a salary cut from $110,000 to $57,000. He accepted the next morning...
...native Minnesotan, Donovan was graduated Phi Beta Kappa from the University of Minnesota and went on to Oxford as a Rhodes scholar. He was lured away from his plans to teach history by the better starting pay of a $25-a-week reporting job on the Washington Post. (Said the Post in an editorial last week: "Mr. Donovan... is a man of such enormous professional talent and personal distinction that whatever he does for the Carter presidency is bound to be a plus.") Donovan covered the State Department, Capitol Hill and the White House before serving as an intelligence officer...
...58th Street south of Tampa, Fla., where the houses thin out and the land turns to strawberry and tomato fields, lives Gary Berrien, 17, one of ten children of Ezell, a roofer, and Mildred, an organist at the nearby New Progress Missionary Baptist Church. Gary plays the organ for pay on Sunday at three churches in the neighborhood, but he has not found a full-time job since completing the twelfth grade at Hillsborough High School. He wanted to join the Army but decided against it when a recruiter asked for his high school diploma. Gary had to tell...
...wake of Carey's decision, ETS warned that extra research expense would lead to price increases of $4.75 for New York students, who now pay $8.25 to take the SAT. In addition, the frequency of makeup test days and special testing sessions for the handicapped may be cut. There was also opposition to the new law from the American College Testing Program and the Law School Admission Council, whose admissions tests are now subject to New York's new statute, as are medical-and dental-school tests and the Graduate Record exams...
...else, the price of grass is growing. It is $30 an ounce these days, and that is a lot of petty cash for officers who earn $636 a month. Their solution: a fund-raising drive to provide a $1,500 Special Police Fund from which to buy narcotics and pay informants. So far businesses, churches and citizens of Marlow have chipped in $1,000. Last week, using some of their new cash, police paid off an informer, then arrested a suspected dealer and confiscated $2,500 worth of narcotics. Proving once again, as St. Paul observed, that charity rejoiceth...