Word: funding
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Dates: during 1950-1959
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...labor statesmanship of the highest order. He continued to press for the wage increases that brought average U.M.W. pay from $6 a day in 1920 to $11.75 after the war to $24.25 today. He fought for, got, and managed with integrity a $150-million-a-year health-and-welfare fund, went to bat on Capitol Hill for important mine-safety legislation...
...Frenchmen took special pride in paying off $200 million on a debt to the International Monetary Fund ahead of schedule, piled up their first trade surplus with the U.S. in 60 years, and grew so confident that one Belgian banker remarked: "The French no longer have an inferiority complex growing out of their defeat in the war and their economic troubles. In fact, they have just the opposite...
Locked Out. In Columbia, S.C., About Face Editor James Bradley was invited to a Greater Columbia United Fund dinner, regretfully declined because of previous commitments, explained that his weekly is published by state penitentiary convicts...
...results were announced: out of deep pockets in three weeks flowed 18 six-figure gifts totaling $3,100,000, to boost the pledges to $75 million. No sooner had the word been issued than other Harvard-men jumped in to help raise the remaining $7,500,000. Sample: Fund Chairman H. Irving Pratt dropped a casual note to one alumnus who had already given $100,000, promptly got back a pledge for $100,000 more. From Manhattan, Pratt raised $50,000 with three phone calls in a single hour. One previous giver, listed as possibly good for another...
...Charles Dana has reached the age when rich Americans take up the art of giving away money. But not for him the faceless foundation, or the fund raiser with a checklist of millionaires. Dana picks his own targets, pounces on them with tough-minded charity. For the past three years, he has personally "traipsed myself up and down the South," scouting the needs and virtues of a dozen small, obscure colleges. So far, he has seeded seven campuses with more than...