Word: rente
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Dates: during 1930-1939
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...real estate no longer seemed a poor investment, New York added an amendment: Insurance companies could buy land if they immediately put up buildings on it, if all their real-estate holdings did not amount to more than 10% of their assets, if the rent they charged was not more than $9 a month a room. Other States followed. Because of the various State laws there is no generalizing about the life insurance business, but recent figures for 49 legal reserve life insurance companies with 92% of the total life insurance assets show $4,686,000,000 (19% of their...
Last February the New York Legislature modified the insurance code again: Till 1943, by the O'Brien-Piper Bill, insurance companies can once again invest in low-cost housing. But the amount of rent they can charge this time is not specified. Metropolitan apartments will undoubtedly rent for more than $9 a room. Truly low-cost housing, with the price of building materials and building labor as high as it is now, will continue for a while to be built by the Government...
...least once last year did dictatorial Chairman Charles Franklin Hosford Jr. of the National Bituminous Coal Commission submit his resignation to President Roosevelt after the commission had been rent by squabbles over patronage, office furniture, other trivia connected with its primary purpose of setting up minimum prices for soft coal. Franklin Roosevelt refused to accept it. Last week, however, when Chairman Hosford once more submitted his resignation, Franklin Roosevelt did accept it. The reason was clear-the Coal Commission has made an unholy botch...
...four walls and a ceiling, when the notebook grows heavy and hateful in the hand, when Seniors try to get worried about Divisionals and can't, when Juniors first realize that they must have been studying far too hard before because they need a rest now, when Sophomores rent tandem bicycles, and when Freshmen buy their last new pair of white shoes...
...research and development of new and improved products and processes, $603,000. To cover reduction in the value of our equipment . . . (this is called depreciation and depletion)-$2,179,000. Other expenses including repairs and maintenance of equipment, advertising and sales promotion, telephone and light bills, rent, etc.: $9,196,736. 'Wages' paid stockholders for use of their money (these are called Dividends): $4,562,500. Put aside for new plants . . . and for emergencies (this is called addition to surplus...