Word: payments
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Dates: during 1950-1959
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...Butler was in effect making a gesture in the direction of free markets, as if to affirm that the give & take of private trading and not the rigid mechanism of authority is the proper way to set the value of a nation's currency. Like the payment to the tailor, it might not be much more than a gesture, but it was a gesture in the right direction...
...traffic. CAB will probably approve the deal since it has been prodding Colonial to merge with another airline as a way out of its troubles. In 1951, Colonial pulled out of the red for the first time in five years with the help of a $13-per-ton-mile payment for carrying air mail v. 54? per ton mile to National operating on more profitable mail routes. It had still other troubles. Last summer, CAB charged Colonial President Sigmund Janas with 40 violations of its rules (TIME, July 2). Janas resigned, was charged in Canada with illegal currency speculation...
...court also has shown that Kelly, who earned $51,000 net income in 1950 on a salary of $12,000, had deposited $1,000 on September 5. The court is presently trying to show that this $1,000 is the "bribe" money. But Kelly contends that it was only payment from an insurance company for an accident case settlement...
...Connor and Desmond O'Dowd needed $28,000 for a new parochial school. They designed some leaflets listing England's top football games on one side and a likely winner at one of the nation's race tracks on the other. In return for a down payment of a shilling initiation fee and a shilling a week thereafter, they invited their parishioners to 1) become members of their Church Development Society, 2) take a chance on a weekly football pool, and 3) receive free the society's'"Dead Cert Nap Selections" for Saturday...
...credit so that he could refinance all MoPac's bonds at a lower interest rate, cut carrying charges. Said Young: "Within five years all of its bonds would be selling on the low interest basis, and its preferred stock would be making marked progress in the payment of accumulated dividends, and the common stock [now traded over the counter at around $5] would be selling from $50 to $100 a share." Young said he had done it before. In the case of the Nickel Plate Railroad he took over when its first-mortgage bonds were selling below...