Word: payment
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Chambers testified that he gave Hiss and three other agents Bokhara rugs in January 1937 as gestures of appreciation for their undercover work. Hiss admitted receiving a red oriental rug from Chambers, but said it was in 1935 and was partial payment for a debt. Two other recipients told the FBI that they had received their rugs in early 1931. Moreover, a rug expert hired by the defense established from a description on a sales slip that Hiss's rug was apparently one of four that had been bought by a Communist agent for Chambers in December...
...Banking Committee unexpectedly delayed confirmation of G. William Miller, chief of Textron Inc., to succeed Arthur Burns as chairman of the Federal Reserve Board. The reason: to give the committee time to investigate an assertion by Chairman William Proxmire that a Textron subsidiary, Bell Helicopter, made a $2.9 million payment to an Iranian sales agency, Air Taxi, that was secretly owned by General Mohammed Khatemi, the Shah's brother-in-law and commander of the Iranian air force (he died in 1975). Miller denies that he ever heard of the general. He said he authorized the payment to compensate...
...investigative reporting) got Editor-in-Chief James Hoge's O.K. to buy and operate a bar. In May, having joined forces with the Better Government Association, a local citizens' group that works with journalists and others fighting corruption, the Sun-Times made a $5,000 down payment on a seedy tavern near...
...take some sting out of the bill, Congress postponed the big tax increases until 1979. This year the Social Security tax rate was 5.85% on the first $16,500 of an employee's wages (earnings above that are not taxed for Social Security). This meant that the maximum payment for workers and bosses was $965 each. Under the old law, the maximum tax was already scheduled to rise next year to $1,071. The bite under the new law will begin in 1979, when the maximum payment will be $1,404 on a salary...
...price from dropping further; that can increase money supply in the purchasing countries and add to world inflationary pressures. The uncertainty created by the drop could also hurt world trade and investment. Already, U.S. firms buying or selling abroad must haggle about what currency is to be used for payment, and some companies building plants in Europe have had to shell out far more dollars than they ever expected to get the foreign currency to pay for the construction. In international finance, as in other matters, too much is too much...