Word: trusts
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Dates: during 1960-1969
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...shift virtually all decision-making power from the stockholders, who are self-appointed, to the directors, who would more than ever represent the membership. The directors instead of the "trustee" stockholders would set the rebate rate, for example. While continuing to hold the 500 shares of Coop stock in trust, the stockholders will become no more than a nominating board for the directors...
...MATTER what happens to the by-law proposals, the Coop is working to push the rebate back up. The rates this year have slipped again to 55 per cent for charge and 7.5 per cent for cash. Because of a new charge arrangement with Harvard Trust, the Coop will now be able to cut billing expenses...
...Harvard Trust will have a tougher credit policy than did the Coop, but no tougher than the Coop planned for itself this fall. Because of the high cost of money the Coop was planning to tighten credit and tack a 1.5 per cent interest charge on overdue bills...
...effects on her, she cites the French students who manned the barricades in May, 1968. Sontag says they feel that, though they didn't obtain their specific objective, they haven't been defeated. That is, for individual who have "enjoyed a reprieve from the inhibitions on love and trust this society enforces, the revolution has just started, and it continues...
...down to Washington and burned myself on the steps of the Capitol, the war still would have gone on and on. There is no machinery built into this republic to respond to the anguish of its citizens. There is of course next Wednesday and somehow we again wait and trust...