Word: paye
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Dates: during 1960-1969
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Officers say high club dues are to blame for membership problems. "People are willing to pay dues to join the Porcellian," one officer said, "but the Bat just doesn't have that kind of prestige to draw...
...getting all these shades of opinion is something else. Board members serve without pay, and less well-off citizens cannot spare the time. There have been instances in which state governors, who nominate members, have been known not to look very hard. There have been instances, in fact, in which the draft boards have not reflected a cross-section of the population of a state in the past...
...nearly half a century, the Cleveland schools suffered from a combination of civic complacency, the steady flight of middle-class whites to the suburbs, and the limiting effects of a debt-free, pay-as-you-go school budget policy. By 1964, the city was spending only $450 per student annually on education, compared with $850 in nearby Shaker Heights. As a result, half of Cleveland's students were in schools more than 50 years old. Only two high schools offered vocational training-and less than a third of all graduates were able to find jobs. None of the city...
...Karl, now 58. At first it looked like a suicidal venture. Many insured loans, notably those on apartments and unsold new homes, proved to be overly speculative; more important, M.G.I.C. was not yet insisting-as it now does-on writing all policies with an option permitting it to pay only 20% of a claim in cash while leaving the mortgage lender to take over foreclosed property. Allowed initially to operate only in Wisconsin, Illinois and Minnesota, M.G.I.C. lost $64,000 in its first year. In 1959, Karl shrewdly tied his fortunes to those of S & Ls, which had just...
...written, were indulgences on a massive scale. His self-pity and his ruthless use of others, both in fiction and in reality (his own family, mistresses, editors), made it plain to friends and perceptive readers that Tom Wolfe asked more of life than he had the talent to pay for. So harshly did he caricature his native Asheville that the title of his last novel might have been a warning from its inhabitants: You Can't Go Home Again...