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...more than his counterpart in Butte, Mont., where living costs are lower. The workers seek a salary schedule that starts at $8,500 and goes to a top scale of $11,700 after five years. They also want broader retirement benefits and Government assumption of the costs of their pension plan, which now comes out of their...

Author: /time Magazine | Title: Nation: THE STRIKE THAT STUNNED THE COUNTRY | 3/30/1970 | See Source »

...letter carrier for 23 years, he is an Army veteran who is active in church affairs and the Boy Scouts. He is ordinarily a law-abiding, responsible citizen; in his life there have been no riots or violent demonstrations. Yet last week Stafford was willingly risking his job and pension rights-and flirting with a jail sentence and fine. In a mood as angry as the angriest militant's, he declared: "Our Government shows that the only way to get any action is to go out on strike. The only way they appreciate people is when they give...

Author: /time Magazine | Title: Nation: One Letter Carrier's Life | 3/30/1970 | See Source »

...Monday, New York Mayor John V. Lindsay added his support to the Campaign GM drive. Lindsay directed the chairman of the City Employees Pension System to vote the 162,000 shares of GM stock in the pension portfolio with the Washington lawyers...

Author: By Scott W. Jacobs, | Title: SEC Orders GM to Alter Proxy; Lindsay Will Support Nader Drive | 3/20/1970 | See Source »

...country without sadness," he wrote in the magazine Der Monat in 1965, describing postwar Germany. He explores that paradox with Kafkaesque laughter in a story about an argument between a veteran who has lost a leg and an impatient bureaucrat who denies the soldier a higher pension. "I think that you grossly underestimate my leg," the veteran remarks. Then he wryly proceeds to relate how, if he hadn't lost his leg, he would have run away and not warned some officers of an impending attack. And that has actually cost the government huge amounts of pension money...

Author: /time Magazine | Title: Books: The Moral Magician | 3/2/1970 | See Source »

Mini-Empire. A former economist at the American Stock Exchange, Kaplan has built a mini-empire based on the exchange of ideas. In 1967 he thought that the influential men who run investing institutions-mutual funds, pension funds, trusts-should have a magazine written specifically for them. With modest bankrolling from Gerald Bronfman (of the liquor family), relatives and friends, he launched The Institutional Investor. "The Double Eye," as I.I.. is dubbed, is now an ad-packed monthly that is sent free to 20,000 portfolio managers and big brokers. The magazine quickly became the foundation for a company...

Author: /time Magazine | Title: Entrepreneurs: The Investment Showman | 2/16/1970 | See Source »

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