Word: payment
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...provisions of Treasury Decision No. 47, allowing eighteen months from the date of discharge for reinstatement upon payment of only two months' premiums on the amount of insurance to be reinstated, are retained. That decision is liberalized, however, by a new provision that men out of the service are permitted to reinstate by merely paying the two months' premiums without making a statement as to health at any time within three calendar months following the month of discharge...
...main features of the plan, government ownership, management by employees, and government payment of deficit, are all well known, and all three are pernicious. The first of these, government ownership, is a very dangerous principle in a democracy like the United States. Sooner or later the railroads would become the pawns of the political parties, both working for their control. The spoils system on a new and greater scale would be rejuvenated. Moreover, under this plan, the employees of the railroads would have effective control over the hours they work and over the pay they would receive for that work...
...railroads would be bought for their "actual value," whatever that may mean. Labor, according to Mr. Plumb, would not accept the present capitalization of the roads as a true statement of their worth. But how would the true worth be estimated? The courts have ruled that "just compensation" means payment at market value; Mr. Plumb says it does not--a bold assertion, indeed. Endless confusion and too many chances for manipulation are involved in determining this issue...
...years after the declaration of peace. The Bureau of War Risk Insurance advises men who own a War risk policy to convert it to a permanent policy as soon as possible. Six forms of permanent policy are now offered by the government. They are; (1) ordinary life, (2) twenty-payment life, (3) thirty-payment life, (4) twenty-year endowment, (5) thirty-year endowment, (6) endowment maturing at ago of 62. These policies are issued in sums of $1000 to $10,000, in multiples of$500. In case of death, the beneficiary receives $5.75 per month per $1000 of insurance...
Premimus may be paid monthly, quarterly, semi-annually or annual. For a man-20 years of age, these premiums amount to the following sums: Ordinary life, $13.58 per thousand per year; 20-payment life, $16.54 per thousand; 20-year endowment, $39.10; 30-year endowment, $24.33; endowment maturing at the age of 62, $17.01 per thousand per year...