Word: amounting
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Dates: during 1950-1950
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...rest of McCarthy's accusations,, said Lattimore, were based on "perverse and twisted" quotations from his books, on phrases lifted out of context, on old, discredited rumors and gossip from highly suspect sources. Said Lattimore: "I get a certain amount of wry amusement out of the fact that some of these people are acknowledged ex-Communists. Perhaps that status gives them a special right to criticize those of us who do not happen to be Communists, ex-or otherwise...
...Department of Agriculture announced that they had discovered something new about plants' "photoperiodism." They irradiated soybeans and other sensitive plants with narrow-wave bands of colored light from a spectroscope. Judging by the plants' responses to different colors, the experimenters decided that plants must contain invisible amounts of a blue pigment which acts as a sort of alarm clock. The scientists do not know exactly what the powerful pigment is, but when it gets the right amount of illumination, it tells the plant to wake up and start the business of flowering...
Harvard has had a pension plan since 1936. Employees have contributed four percent of their wages, with the University paying the balance of the amount necessary to finance the plan...
...University must always watch out for public events that will effect the value of their investments. Prior to the 1948 election, the University converted a significant amount of long-term government bonds into short-term government ones. It was felt that the expected Republican administration might not continue to support the price of the long-term bonds...
Before adopting this self-insurer policy, the President and Fellows had a study made of the amount of premiums that Harvard had paid previously. Going back 12 years, the investigators discovered that--with the exception of the hurricane year of 1938--the premiums annually exceeded the amount the University got back for damanges. Last year the various schools paid about $45,000 in premiums and got back about $5,000 from the insurance companies...