Word: cashing
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Dates: during 1980-1980
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...York Congressman allegedly received, in addition, $50,000 in cash in exchange for making a similar pledge of immigration help. Both Congressmen are charged with trying to push their pet projects on the agents. Thompson allegedly asked them to make investments in his district that would benefit him personally. Murphy supposedly tried to get the agents to invest in a shipping venture that he would aid as chairman of the House Merchant Marine Committee...
...familiar escape from boredom and routine is alcohol. Buying liquor, however, is difficult. Draftees earn a mere four rubles a month (about $6), enough for 13 bottles of beer or a third of a liter of vodka or a dozen packs of cigarettes. Because draftees are short of cash, the Soviet military has a theft problem. Auto parts, grease, rope, felt boots, heavy overcoats and other items in short supply for civilians are smuggled off base to nearby villages and sold or bartered for liquor. Soviet soldiers are as adept as their counterparts elsewhere in the world at concocting...
...Cash or credit cards may be the accepted way to pay for services in most parts of the world, but in the U.S.S.R. the popular medium of exchange is vodka. Want a repairman to make a house call to fix the TV set? Pay him with a half-liter of vodka. Need someone to paint a room? Offer him his wages in bottles. Vodka is also the ideal gift for minor officials from whom a small favor is needed. Since vodka flows as freely as the Volga in the U.S.S.R., why do so many Soviet citizens welcome it as either...
...back-to-currency trend has spawned a boom in cards that give members discounts on cash purchases. One of the most successful is Savings Plus, which originated in Missouri and now claims more than 500,000 members nationwide. Under the name SaveSystem, merchants accepting the card in Washington, D.C., give discounts...
...price of copper going up, people are hoarding pennies. A paucity of $50 and $100 bills has been reported in California, where they are widely used in "pyramid clubs" (the modern variation of the old chain letter), which usually require players to contribute $500 or $1,000 in cash. The Saudis also like $100 bills. In May, Saudi Arabian banks took delivery on $250 million in $100s...