Word: paye
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Dates: during 1960-1969
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...years ago: I was looking for adventure and I felt I couldn't really study until I'd gotten it out of my system." Carolina and eight months of ad-After eight weeks of basic in South vanced infantry training in Louisiana, Sloan volunteered for paratroop training because the pay was good and it was the fastest way to Vietnam. "It was still Kennedy's war then," Sloane reminisces, "and I believed it when they told me that we were fighting to save the parliamentary democracy of the South from the dictatorship of the North...
...hopes to have a prototype built next year, figures that because the car is designed to use existing auto components, it could be mass-produced at a cost of $1,600. HUD ultimately envisions an urban transportation concept under which commuters would pay a fee to join a vast minicar pool, get to and from work in cars kept at central lots, which during the working day would supply idle cars to other pool members...
...mess at customs. Under the new rules, which require customs-slip proof that the purchase has been "exported," a buyer can get his discount fairly simply if he has his purchase shipped directly home. But if he wants to take the goods with him, he may have to pay the full price, later haggle with customs agents for a receipt to send back to the store, which, he hopes, will then forward the amount of the discount. On the other hand, a shopkeeper can risk giving the discount to a buyer right away, in hopes that he will send back...
Died. Arthur O. Dietz, 74, pioneer in auto installment financing and longtime (1939-60) president of Commercial Investment Trust, nation's largest sales-finance company. More than anyone else, Dietz made "Buy Now, Pay Later" a U.S. byword-starting in 1919 when he set up the auto sales division of C.I.T. to finance car sales, a development that put a rich man's luxury into a workingman's budget and brought C.I.T. to a loan volume of $4.6 billion annually by his retirement...
...contract guarantees for the first time that the 40-hour week will be on consecutive days, Monday through Friday. It must begin between 7 and 8 a.m. in the morning with one-half hour for lunch. Any work on Saturday or emergency work on Sunday must be payed time-and-one-half. Work scheduled on Sunday is double-time pay...