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Besides the government bonds' shaky redemption value, most of them don't pay interest. Instead, there are six-month lotteries where 35 per cent of the bonds bring cash prizes and give their holders the opportunity to cash them immediately. Ordinarily the bonds have been for twenty-year maturity...

Author: By Charles S. Maier, | Title: Credit Coup | 4/17/1957 | See Source »

Onetime Middleweight Boxing Champion Jake LaMotta, 34, now a Miami saloonkeeper, drew a six-month jail stretch and a $500 fine on raps of helping a 14-year-old vice doll hustle in his bar and running his joint for a lewd purpose...

Author: /time Magazine | Title: People, Apr. 1, 1957 | 4/1/1957 | See Source »

...exact effect of the new six-month program is by no means yet definite. Since the raising of reserves is the primary aim of the Reserve Forces Act, it is entirely possible that once the authorized reserve strength is filled, the Act will be discontinued until it is needed again; and since all draftees and enlistees who finish their two years of active duty after August 1957 must spend two years in the ready reserves, reserve and National Guard units may be filled rather rapidly...

Author: By Frederick W. Byron jr., | Title: Change in Program of National Guard Requires Six Months of Active Duty | 3/27/1957 | See Source »

...Massachusetts, for example, the reserve stands presently at 4,000 men, but the combination of veterans returning at the rate of about 400 per month with those men enlisting under the six-month plan should push the reserve to its newly authorized strength of 15,000 men within two years. This could mean a discontinuance in 1959 of the six-month plan for men in the 18 1/2-25 age group...

Author: By Frederick W. Byron jr., | Title: Change in Program of National Guard Requires Six Months of Active Duty | 3/27/1957 | See Source »

...order to keep the confusion which normally surrounds enlistment opportunities at a minimum, this program should be adopted as a permanent part of our military system, unless it is to become merely an emergency measure for the remedying of a temporary reserve crisis. Since the basic purpose behind the six-month program does not appear to be of this temporary nature, any move to transform it would be unwise...

Author: NO WRITER ATTRIBUTED | Title: The Army and the Guard | 3/27/1957 | See Source »

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