Word: payments
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Dates: during 1950-1959
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Since it began benefits in 1935, Social Security has paid out $3.1 billion in pensions. But the average payment to a man who has reached 65 is only $26 a month. If his wife is also over 65, he gets more; the average payment is $41. Yet Government agencies have reckoned that in 13 major cities an elderly couple needs at least $120 a month to squeak...
...C.I.O. Auto Workers' President Walter Reuther puts the figure much higher. Said he: a $2,089 annual budget (more than to times the average Social Security old-age payment to married men) is the minimum for an elderly couple who are "too old to work and too young...
...Payment Deferred. In Greensboro, N.C., Hotel Manager J. L. O'Ferrell received 75? with a letter: "Some 20 or 30 years [ago] I carried away one of your towels. Please forgive...
...season rates for term bills end at 5 p.m. tomorrow, when the auto rises ten dollars a head. The scramble to pay in time will direct itself toward Lehman Hall, and the Harvard Trust will accept payment until its 2 p.m. closing hour. Checks mailed to Lehman Hall and postmarked by 12 midnight will also be accepted...
Tale. After P. & G. used them the films reverted to Levoy, who sold them again last week to the Columbia Broadcasting System, Inc. for a down payment of $225,000 and a 50-50 split between CBS and Levoy on future revenues. In so doing, Levoy proved that it is possible for Hollywood to make short movies for TV and rent them out for first, second and even third runs, in the same way that movies are now sold to theaters...