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...negotiating parties know that a compromise will finally be reached, there is a premium on adopting an extreme position," he maintained. "We can not make proposals we believe in, and yet constantly come out with new proposals." If the result is increased rigidity in policy-making, he continued, there is an equal increase in responsibility...

Author: By Carl I. Gable jr., | Title: Kissinger Describes U.S. Policies Since Negotiations at Camp David As National 'Game of Charades' | 11/30/1959 | See Source »

...better accident records than states without them.) The unions have come to regard featherbedding as a sort of fringe benefit, making up for the fact that railroad men have to sit by the phone for long hours without pay while waiting for a call to work, get no premium pay for nights, Sundays or holiday work, are not paid for away-from-home terminal expenses. Furthermore, despite all the complaints about featherbedding, 800 to 1,000 railroad workers, on an average, lose their jobs every week because of more automation and better equipment. But most of those who lose jobs...

Author: /time Magazine | Title: Business: LOAFING ON THE RAILROAD | 11/23/1959 | See Source »

...employees a yearly wage-and-fringe-benefit boost worth 11.25? an hour, only a quarter of a cent more than the last industry-wide offer. To the Kaiser company, the terms made special sense because of its special situation, which includes a $14-a-ton West Coast premium on certain steel shapes, a newer work force costing less for pension improvements...

Author: /time Magazine | Title: THE ECONOMY: The Bind in Steel | 11/9/1959 | See Source »

...ever, and at a dangerous time for Cuba. As the State Department is anxiously aware, anti-Castro sentiment is growing in Congress, which early in the next session must write a new Sugar Act allocating the 4,500,000 tons of foreign sugar that the U.S. imports at the premium price of 6? a lb. (double the world price). Cuba currently has the lion's share, 3,200,000 tons...

Author: /time Magazine | Title: The Hemisphere: The U.S. & Castro | 11/9/1959 | See Source »

...Premiums for Sophisticates. But there is another group of market sophisticates whose risk in dealing with puts and calls is much less. These are the people who make options available from the stocks in their portfolios. To find them, Filer, Schmidt and the nation's 20 other put and call dealers turn to investment trusts, pension funds and individual portfolio holders who intend to hold their stock for long periods. For selling a put or call the stockholder receives a premium ranging from $112.50 on 100 shares and up, depending on the price of the stock and length...

Author: /time Magazine | Title: WALL STREET: Put, Call & Win | 11/9/1959 | See Source »

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