Word: summing
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Dates: during 1970-1979
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...sum, the Corporation's actions so far this Spring represent a drastic shift from two years ago. Those were the days when President Pusey was still at the helm and relatively innocuous shareholder resolutions at General Motors were deemed too radical. If one accepts the Bok Administration's premise that Harvard can act most responsibly by retaining its stocks and trying to influence management through proxies and other means, then the President is due some credit for Harvard's reversal since...
...make these points consider the arguments against a system for punishing the innocent when this would maximize the sum of advantages, or for sneaking up on and killing lingering, seriously ill people in a painless way which they did not expect, thus sparing them even the pains of anticipation. The arguments against these have to do with the notion that it would violate the rights of those individuals. It violates their rights because they are rational beings who are capable of forming judgments about right and wrong actions. Consequently it would be necessary either to deceive them about our general...
Distillers, which marketed thalidomide in Britain through a pharmaceutical subsidiary until 1961, has agreed to pay $12,500 to each set of parents in consideration of their suffering and expenses. A lump sum of $15 million will be distributed to 340 of the children who were not part of a 1968 settlement involving 58 children. In addition, $35 million will be paid into a charitable trust for all the children in seven yearly installments of $5,000,000. As a protection against possible erosion by inflation, there is an escalation clause that could increase each payment...
...purposes can be subtracted from its gross profits-an income that last year amounted to some $150 million. Britain's corporate-tax rate (50%) will automatically halve the company's net payout, and tax concessions for the establishment of the trust fund will reduce the sum even more...
Harvard officials are presently negotiating with the License Commission, Sennott said, and the "probable outcome will entail such a low fee on each license that the lump sum will not be prohibitive...