Word: trust
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Dates: during 1950-1959
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When the senate rejected his bond-issue plan, Soapy's only hope for getting enough money to meet state payrolls in late April and beyond was to ignore the outcries of veterans' organizations and tap the state's $50 million veterans' trust fund, set up in 1946. Even if he can find a way to get at the trust fund, Soapy will still have to push for tax increases to keep the state solvent. Republicans in the legislature have proposed to blot up the red ink by upping the sales tax to 4%, but Soapy Williams...
...Which was saved from destruction last year after protests prompted Real Estate Dealer William Zeckendorf to buy it, promise to hand it over eventually to the National Trust...
...cost policies are much closer to home. In the midst of the attempts to pay current expenses, Williams was reported to be planning a budget increase of $150 million for fiscal 1960. Observers seem to think that he will succeed in bailing out the current debts through borrowing against trust funds, but it does not seem likely that he will get his increase. The state Republicans are willing to let Michigan's troubles hurt Williams even at the expense of the state, but it is hardly likely that they are quite that willing...
Seeking to provide adequate chaperonage for unprotected girls in the possibly dangerous Cambridge environment, the Administration turned to the honor system as a method of enforcing College rules and principles. 'Cliffies were quick to realize that they had much to gain from Administrative trust. "Great responsibilities have been entrusted to us, and, of course, we always try to show that we are capable of meeting even more," one practical 'Cliffie wrote in the 1925 Student Handbook...
Kekkonen returned saying he had not realized how bad Finno-Russian relations had become. "I am sure that all reasonable Finns will join me in saying that we cannot have spells of cold. Finland must naturally take into account that vital interests require our neighbor to trust us." Apparently Khrushchev had applied pressure against the free Finnish press, and despite Finnish constitutional guarantee of press freedom, Kekkonen said. "Without restraint and responsibility on the part of the press, our relations will never achieve that degree of confidence our interest deserves...