Word: payments
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Dates: during 1960-1969
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...decried as excessive. He proposed the Reconstruction Finance Corporation and the National Credit Corporation. He secured an early agreement in which labor promised to forgo strikes and new wage demands, Big Business agreed to maintain wages and spread work to avoid layoffs. He negotiated an international moratorium on the payment of intergovernmental debts...
...usual, it will take most union members more than a year to make up in new benefits what they lost in wages during the strike. The 306,000 G.M. workers lost more than $170 million, and payment of modest strike benefits depleted the U.A.W.'s $67 million strike fund by more than $40 million. The loss in buying power also depressed business in communities with heavy concentrations of G.M. plants, where retail sales slumped and loan applications rose. In Pontiac, Mich., where hundreds of auto trailers stood empty and desolate, a butcher in a U.A.W. neighborhood noted that...
Smith tried to explain away the incident, Gallagher said, by claiming that he occasionally had minors help him at the Club and gave them drinks in payment. These incidents did not enter into the charges on which Smith was tried, and the DU Club itself did not figure in the court trial last week...
...angle is fattened up with a juicy subplot. And to make the slow corrosion of conscience more graphic, the good burghers of Guellen struggle against the all-too-solid temptation of a flotilla of trucks-crammed with fancy clothes, TV sets and shiny gadgetry, no down payment required...
...deputy premier of one of the Soviet republics, fortnight ago came out for "material stimuli" as a necessary mainspring of the Russian economy. Lev Leontyev, an economist of the Soviet Academy of Sciences, from which initial opposition to Liberman's theories came, recently advocated the profit motive and payment of interest as "key instruments of economic control...