Word: payments
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Dates: during 1950-1959
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Speaking for the majority, Justice Harold Burton held that Taft-Hartley banned featherbedding only when a union exacted payment for service not performed. The need, or usefulness of the service, was immaterial. Chief Justice Vinson and Justices Clark and Douglas dissented. Said Douglas: "In no sense ... is [bogus] 'service' to the employer...
...Indemnity for the 1938 seizure of U.S. oil interests in Mexico was set by the two governments, after the companies finally dropped objections, in 1943; Mexico's last payment was not made until...
...women decided to give him something even more wonderful-a full-length let-out white mink coat with a raglan flare-back, shawl collar, scarlet silk lining and deep flap pockets lined with velvet. This took some time. The girls had to scrape up $2,000 for a down payment and agree to pay off the total price of $12,900 plus carrying charges at a rate of $475 a month. The astounded New York furrier who was commissioned to do the job had to go slow too-everyone who worked on the coat had to wash his hands every...
...Federal Reserve Board, which long ago relaxed or dropped special requirements for down payments on houses, appliances and other consumer goods, last week did the same for the stock market. It cut the margin (i.e., cash payment) required of stock-market investors from 75% to 50%-back to where it was before Korea...
...acre (v. the standard 50?-an-acre rental fee for Government lands in the U.S.) plus a 5% royalty on any oil it produces in the first ten years. After that the royalty goes up to 12½%, the standard royalty on domestic oil, but the U.S. can take payment in cash or kind...