Word: perring
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Dates: during 1960-1969
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...Tests shows in a recently published essay that for the Class of 1968, there is just about no correlation between admission to Harvard and such factors as SAT scores, rank-in-class, and predicted rank list. The correlation between admissions and the personal factor is better than 90 per cent...
...Wall Street lawyer-in more ways than one. Consider the ledgerdemain of the San Clemente spread. The price for the estate of 21 acres, including the large, Spanish-style villa now known familiarly as White House West, was $1.4 million. The terms were $400,000 down and $100,000 per year, plus 7½% interest per year on the initial outstanding debt of $1,000,000. The sale called for the principal to be paid off within five years. Normally, such an undertaking would require prodigious amounts of cash: annual payments of $175,000 for five years and then...
...estate and the house. This gives him only one-fifth of the property, and only one-fifth of the down payment and maintenance charges to cope with personally. His portion of the down payment was $80,000, the principal is $20,000 annually and the interest is $15,000 per year. In addition, the President exercised an option to buy the remaining four-fifths of the surrounding grounds. This was done for him by a trustee, the Title Insurance and Trust Co. of Los Angeles. The trustee pays for the remaining four-fifths with $1,000,000 that Nixon borrowed...
Last week Secretary General U Thant reported to the Economic and Social Council of the United Nations that the city-everywhere in the world-is a failure. For example, the U.N. proposed that the developing nations build at least ten units of housing per 1,000 people annually. In many countries only two units per 1,000 people have actually been constructed...
Those who want to divine why French public administration is a marvel of codified precision and bureaucratic bungling will find 61 pages on the subject. There they will learn about the schools that produce the French Establishment, quirks of the Code Civil, the ratio of policemen per capita (one for every 347 people) and the 1949 decree that governs a concierge's weekly cleaning of a courtyard, "devoting one minute and a half per square meter for the first forty meters and thirty seconds per square meter for the remaining surface...