Word: pension
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...strike and Premier Khrushchev's visit. Many of them also agreed on what the market will do next. Said Carl M. Loeb, Rhoades Partner Samuel L. Stedman: "I expect a good strong rally before the end of the year, because there is money piling up in mutual funds, pension funds, and with other institutional investors; but it will be a market of selective stocks." Said Sidney B. Lurie of Josephthal & Co.: "The lows for most stocks are near at hand, and the stage is set for an autumn advance...
...Great Conservative. Ecuador hustled Flores off to Europe in 1845 with a pension, and underwent 15 years of anarchy. For the next 15, the country was ruled by the greatest Ecuadorian of the 19th century. Gabriel Garcia Moreno hated democracy. He was a conservative, a working Roman Catholic who dressed in black, went daily to Mass and revered Thomas à Kempis' The Imitation of Christ; he believed that "only through force may good be attained." But he also despised militarism, gave the country a uniform currency, the first highway between mountainous Quito and seaside Guayaquil, established an efficient treasury...
...bloody strife with the British, Colonel George Grivas was content to let exiled Archbishop Makarios and Greece's Premier Constantine Karamanlis do the political talking. When peace came, the 61-year-old soldier returned to Athens for a hero's welcome, promotion to lieutenant general, a lifetime pension of $300 a month, and a well-earned rest. But it was not long before peace and quiet began to seem to the old soldier to be neglect. The only people who sought him out in his suburban home were Karamanlis' leftist opponents. Since they were well aware that...
...about 15? an hour, plus a cost-of-living escalator clause. Management's counteroffer: either 1) a one-year extension of the present contract with no wage boost and abolition of the present escalator clause that ties wages to the cost-of-living index, or 2) improved pension and insurance benefits, plus a "modest" wage increase next year, in return for union concessions on work rules...
...Philippines. His friends let out word that Bohlen would soon come home from Manila to head a State Department policy-planning group dealing with Soviet problems. A later story from unnamed sources in Manila said that "Chip"' Bohlen, 54, eligible for retirement at the maximum allowable pension, would quit the Foreign Service unless he got just such a Washington...