Word: premium
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Dates: during 1920-1929
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...generally efficient library administration might solve its problem by a careful system of checking up on books returned, and thus entirely remove the premium it has set on laziness, dishonesty, and mental and moral inertia...
...most interesting features of the flat $8.50 charge entitling. House members to the first fourteen meals they eat per week is the fact that it places a premium upon eating breakfast away from the House. The mathematics are complicated but they run something as follows. In the first place is will be instructive to consider the case of the man who goes ahead and eats the first fourteen meals in any week. We find him on Friday noon having eaten four dinners, five breakfasts, and five lunches. At the quoted per meal price of .80, .30, and .60 respectively...
With neutral shipping at a Wartime premium, Denmark's Plum created Det Danske Transatlantiske Dampskibs-Sels-kab (Danish Transatlantic Steamship Corp.). Part of the huge profits he used after the Soviet Revolution to finance the anti-Bolshevist campaigns of "White Russian" General Yudenitch and Admiral Kolchak. Their failures cost him dear. In 1924 his Trans-Atlantic Corp. crashed for a stupendous loss to shareholders in which the Danish Landmansbank alone dropped 200,000,000 kroner ($53,600,000). Incensed, the Danish Government started to probe Plum...
Prizefighter Gene Tunney a year ago flew in a Sikorsky Amphibian the 150 miles from Speculator, N. Y., to New York City. To insure his life for $300,000 and the plane for $30,000 during the single, short trip, his insurance company charged a premium of $1,000. Another company might have charged more, another less. No one knows what is a fair rate for aviation insurance risks. Whatever standards exist are constantly fluctuating and depend on a multitude of conditions and contingencies. To help the insurance companies fix standards the Daniel Guggenheim Fund for the Promotion of Aeronautics...
...unsettled are aviation insurance rates, two offers last week indicated. Both were for damages to houses caused by planes. American Insurance Co. of Newark, N. J., figured that $1.56 a year was sufficient premium for $2,500 insurance. Continental Insurance Co. of New York figured $3 the yearly premium for $2,500 insurance on property within one mile of an airport, $2.50 for property between one and five miles from airports, $2 for properties farther away...