Word: pension
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Dates: during 1960-1969
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Because love is there, Queen Allen is also the most esoteric rage in sophisticated London. Bridget, an art student, found her three years ago, moved in to look after her, and last year, in hopes of raising money to supplement Queen's $37-a-month-old-age pension, invited some art teachers in to look at the small, neatly sewn quilt-pictures that the old lady had made. Within two months, London Dealer Crane Kalman was staging an exhibition of them...
...effect require teachers to subsidize the schools by personal sacrifice. At Alemany, for example, the starting wage of lay faculty members before the new contract was $4,000 a year, compared with $6,220 at nearby public high schools. In addition, most parochial school systems have painfully inadequate tenure, pension and medical-insurance programs, provide little chance for laymen to advance into administrative ranks. The inevitable result is not only discontent among laymen but a disturbingly high turnover, as many of the parochial schools' best teachers quit for public school jobs...
Unconcerned, the Fed's chairman delivered another lecture, this one against speculative trading by institutions. "Increasingly," said Martin, "managers of mutual funds, and portfolio and pension-fund administrators are measuring their success in terms of relatively short-term market performance. In effect, they set a target on a growth stock, attain that target, unload, and then seek other opportunities for quick capital gains." Given the size of their buying power, said Martin, such activity "may virtually corner the market in individual stocks," at the least cause undesirable price fluctuations. "Practices of this nature" said he, "contain poisonous qualities reminiscent...
...confiscated all his property and money. "I no have anything except my family and my freedom," said he, "but that is good now." It got better when the Los Angeles Dodgers announced that they were signing Sandy on for five days to let him qualify for a major-league pension...
Even though Saud had refrained from any political statements until last week, Feisal cut off Saud's princely pension as soon as he arrived in Egypt and embraced Nasser. His three-day triumphal "state visit" to Yemen was all the more ironical because it was Saud who in 1962 pledged Saudi Arabian support for the royalist guerrillas, who now hold two-thirds of the country and are waging a bloody civil war against Sallal's republicans and the 40,000 Egyptian troops allied with them. Now Saud ridicules the royalists as "conceited fellows," denounces Feisal, who gives them...