Word: paye
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...analysis are being applied to bureaucratic procedures that had not changed by more than a jot in a century. Still in dire need of money, the city's budget has been brought in line with income. Thanks to Wagner's custom of floating long-term loans to pay current operating expenses, New York had "rainy...
...credit is improving. One of Lindsay's less heralded accomplishments is the tapping of the federal till with new programs and aggressive lobbying. Since he took office, federal outlays to the city have jumped more than threefold, to $892 million a year. Yet city residents still pay out far more than the city receives, $16 billion a year, or roughly 10% of all income taxes paid the Federal Government. (They similarly pay more to the state than they receive, getting back 430 on the dollar...
Jackpot Urge. The new A.I.A. proposals, which would require either overall federal legislation or individual action by the states, share with the Keeton-O'Connell plan the idea that auto-insurance companies should promptly pay off their policyholders regardless of who is to blame for an accident. The A.I.A. contends that by dispensing with the legal need to prove negligence, a requirement that often ties up insurance cases for years, insurers could not only settle accident claims more quickly but could reduce premiums by an average of one-third...
...secret assault on a Viet Cong stronghold? No. What took place last week was a strike against speculators in Military Payment Certificates, the U.S.-issued scrip used to pay American fighting men in Viet Nam. Colonel Richmond happens to be the U.S. military command's top comptroller, and C-day was the moment chosen for a surprise conversion in the $50 million worth of MFCs in circulation in Viet...
...trouble was that a new black market, this time dealing in MFCs, quickly developed. Although scrip was not supposed to be tendered off the base, G.I.s who were short of Vietnamese piastres often used it to pay bills in native stores and bars, generally exchanging it near the official rate of 118 piastres to the dollar. Such MFCs would then wind up in the hands of Chinese and Indian money-changers, who in turn realized a fast profit by selling them at 140 piastres to the dollar...