Word: premiums
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Dates: during 1940-1949
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France has had compulsory health insurance since 1928. It now covers 30 million, or 75% of the population, including the republic's President but not its lawyers, doctors and landowning farmers. Regional councils, elected by premium-paying workers and employers, manage the program...
Getting in to a new Broadway hit often takes patience, pleading-or a hefty premium that is many times the price of admission. Tickets disappear first at the box office, then at the large, reputable ticket brokers (who, unlike many of their smaller, shadier colleagues, charge no more than the top legal fee of 75? a ticket). But for those who want seats badly enough, especially in the first ten rows, there is a booming black market...
Skating time is at such a premium in Cambridge and Boston that the freshmen will be entering today's game with only a one-hour early morning practise yesterday as a warmup. Unlike the Crimson, the Eli skaters have had a rink to themselves practically all season...
South Africa announced that it would sell 100,000 ounces of 22-carat gold at $38.20 an ounce through the London brokers Mocatta & Goldsmid. (On the basis of 24-carat or "pure" gold, the Fund's yardstick, that meant a premium of about $6.50 over the $35 rate.) South Africa said the gold was not being sold for monetary purposes but for industrial and similar uses, and was thus beyond the Fund's jurisdiction. The Fund thought differently. Since the brokers kept mum on the gold's destination, the Fund suspected that it was going to hoarders...
...found South Africa's economy, based primarily on its gold-mining industry, in deep trouble and short of dollars. Gold sales looked like the quickest solution. What disturbed the Fund more than the first sale was Havenga's apparent determination to make additional premium sales. If Havenga got away with it, there was no reason why other gold-producing countries, notably Canada, could not do the same thing...