Word: rent
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Dates: during 1960-1969
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...years from now there might be one in every House. Ten years after that, there might be one in every house.Computer operators analyze facts and figures delivered by the IBM 7094. This is the only computer Harvard owns cut-right--it is usually better to rent because computers become obsolete. In September of 1964, this machine was handling 250 hours per week of work, and now it is up to 600 hours per week. There are only 163 hours in a week, but the 7094 does more than one thing at a time...
...been concentrating his crusade since January, Martin Luther King stood outside a slum tenement and pronounced: "I am hereby assuming trusteeship of this building to make life more livable for the tenants." All that the five families in the building had to do was to hand their rent over to King instead of the landlord, the Negro leader explained, and he would use it to renovate the place and turn the balance over to the owner. Conceding that this might be considered "supralegal," King contended: "We aren't dealing with the legality of it. We are dealing with...
...economics of it that prompted Landlord John Bender, 81, to get a temporary injunction prohibiting King's takeover. The tenants, in fact, never did pay any rent to King, whose Southern Christian Leadership Conference has spent $1,000 to improve the building in the past month...
...within the reach of poor families and to begin clearing up urban slums and breaking up ghettos. Under the proposal, a family whose net worth does not exceed $2,000 a year (or $5,000 for the elderly) would be asked to spend one-fourth of its income on rent; the Federal government would make up the difference on the rent charged. Only buildings owned by non-profit or limited dividend organizations (unions or churches, for example) would be subsidized. By thus supplementing its existing public housing and subsidy programs, the government hopes to encourage such groups to undertake more...
While the appropriation cut will seriously endanger any such plan, there is yet another damaging feature of the subcommittee's action--the proviso that prevents rent supplement funds from going to communities lacking community development projects. This proviso, in effect, will make the envisioned suburban dispersion impossible or ineffective. Suburban communities could decide against long-range planning altogether or determine locations of projects which would be rent-subsidized, thus creating new ghettos...