Word: trusts
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Dates: during 1950-1959
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...hope of peace, amidst so much hatred and recrimination, relies on whether both sides at this crucial moment are capable of trust, magnanimity and wisdom. "Stop this absurd fighting," pleaded De Gaulle last week. Answered Ferhat Abbas: "Now is the time to negotiate. We can work out a new kind of relationship between Algeria and France. Even those who are fighting are prepared to find new bonds." The world could only hope...
...train, Peale wrote out his resignation as pastor of Manhattan's Marble Collegiate Church. After Peale's minister father died at 85, his stepmother Mary said, "Your father left a message for you ... He said, 'Tell Norman his message is right . . . just put his trust in Jesus Christ and never quit.' " Peale handed his wife his letter of resignation, unsent. "Here," he said. "Tear...
...trust was formed for the mosque, however, and last spring an anonymous donor placed $50,000 in escrole to match the initial gift of the Prince...
Rabbits & Flies. The environment into which Nelson was born on July 8, 1908 appeared to need no working on. Grandfather John Davison Rockefeller had hammered together the Standard Oil Trust and amassed a billion dollars along the way. Grandfather Nelson Wilmarth Aldrich, at the time senior Senator from Rhode Island, ruled the Senate and bellowed at the White House. The young Rockefellers, obviously, had wealth, power and prestige. But they were allowed to revel in none of the three. Instead, they learned their gentle father's code: "Every right implies a responsibility, every opportunity an obligation, every possession...
Until recently, said Secretary Anderson, the Government has been able to sell huge amounts of its securities to Government trust funds such as Social Security old-age and unemployment-compensation funds. "Over the past ten years," he said, "these funds added $20 billion to their holdings of Government securities as their reserves accumulated. Currently, however, the flow is being reversed; benefits and other payments are exceeding receipts, and there will be a decline in holdings this year." Now that the Government trust funds are reducing their holdings, Secretary Anderson said that the nation's private savings institutions should take...