Word: solvents
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...Solvent venture...
...film societies agree to a man that a film society can not remain financially solvent without a few "block-busters." Financial arrangements vary. In some Houses the House Committee funds the society's initial investment; in others, the money may come from the Master's funds--but the House that will tolerate continued deficits is a rarity, and film societies without House backing are under even tighter constraint. GSD Films' arrangement with the School of Design requires it to be in the black at the end of each month, or shut down. At the end of the year, any profits...
...stark contrast to this expansive dream, Saturday Review Industries has had to struggle to remain solvent. Backers have thus far plowed about $17 million into the privately held company, and more capital is now needed if the magazines and other divisions are to continue in their present form. SR Executive Editor Ronald P. Kriss says that there is a "cash-flow crisis." It is the second such crunch since last summer. Executive Committee Chairman Frederick S. Wyle, who represents the investors behind Veronis and Charney, confirmed last week that more funds are needed but denied the spate of rumors that...
This two-level system of aid functioned adequately for a long time, but the drastic decline in outside aid (which both sides acknowledge) placed stresses on it. Increasingly cut off from other sources of aid, graduate students took positions as teaching fellows to stay financially solvent. Teaching fellow ranks swelled, which the Faculty and Administration agreed led to distortions in the education process. In addition, funds from this source could not cover the burgeoning aid requirements in the GSAS, and the cry went up from many quarters for a centrally administered program that made larger awards on the basis...
Protests. There are always a few people who never miss inaugurals and coronations. Among the more solvent of them this time around were the Henry Fords and W. Clement Stone. The Fords threw a private bash at the F Street Club, where Martha Mitchell and Husband John, lately of New York, got a chance to see their old Washington friends. Outside the club, in a scene reminiscent of a college football movie, George Washington University students cheered the guests on in the friendliest of ways. They were duly rewarded with a five-minute impromptu performance by Bob Hope...