Word: annual
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Dates: during 1950-1959
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...shares with Butler the responsibility and the blame for fund-raising and budgeting. The two men are no longer on speaking terms-and the party's indebtedness continues to spiral upward. The sleek party house organ, Democratic Digest, continues to pile up a $70,000-$80,000 annual deficit; rental for the committee's commodious offices amounts to $2,820 per month, and the 80-man staff draws down some $440,000 in annual salaries. Butler maintains a $350-a-month Washington apartment on the expense account, and his marathon travels (averaging 1,000 miles per week...
...Dawson, who doubles as city attorney. Mayor Godfrey drawls that the light, "being a machine, might vary four to five seconds in wet weather," admits that rain comes often enough for the light to produce a quarter or more of the town's $12,000 to $15,000 annual budget. But local members of the Good Government League, organized by polio-crippled Mail Carrier Harry Chapman to fight the "Dawson crowd" and its red light, consider Godfrey's figures overly modest. They once counted 30 arrests in a single day, estimated the light's take at something...
They did just that last year when, tired of arguing with Egypt over a new pact to revise the old Anglo-Egyptian Nile treaty of 1929, Sudanese officials simply began diverting Nile water into their own irrigation system eleven crucial days before the date stipulated for such annual action. As a result, the Egyptian rice crop was damaged; Cairo protested hotly, and the Egyptian press cried that the Sudan was guilty of all kinds of crimes, including genocide...
Gross National Product. Since 1947, the nation's real gross national product has expanded at an average annual rate of 3.6%, a rate of growth that if sustained would double U.S. production in 22 years. This increase compares with an average rise of 2.9% for the 1909-57 period. Using 1954 dollars, the C.E.D. got a result substantially different from the Council of Economic Advisers' recent report that the G.N.P. rate in the third quarter of 1959 was $481 billion. In the C.E.D.'s 1954 dollars it was only $431 billion...
...Turin, two more in Bologna, another two in Naples. Rome alone has seven supermarkets. Last week Italy's big La Rinascente department-store chain jumped into the field, bought Rome's big Supermercato S.p.A. for a reported $750,000, and expects to gross $3,000,000 annually by offering customers 2,000 items at prices 15% below small stores. One big gainer from the new supermarkets: the Italian government, which levies a 26.85% annual tax on supermarket income v. only 14% charged smaller dealers. What is more, the supermarkets pay up, which cannot be said of many small...