Word: payment
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...years, learn the disciplines of manual labor on conservation projects, study rudimentary reading, writing, arithmetic and speech. The top half would be sent to unused military reservations for training in specific vocational skills and basic academic subjects. All would get a $30-$50 monthly living allowance and a separation payment of $50 for each month of satisfactory service. Insists Shriver: "These centers and camps will not be dumping grounds for juvenile delinquents, dope addicts or drunkards...
...prices; thus, as each inflationary month passes, the bills in effect become smaller. Among the slowest payers: the Brazilian government, which seldom honors its bills promptly; last week the U.S. and five other nations agreed to ease the burden of Brazil's $3 billion debt by stretching out payment schedules. Businessmen are finding it difficult even to keep on hand enough cash to carry on. Willys of Brazil complains that many of its auto dealers are losing more money through inflation than they are able to make on their auto sales...
Although the settlement represented less than 3% of the $10,500,000 that Bryant was asking, the $300,000 is taxfree. It will come to him as compensatory damages-direct payment for the anguish, the loss of salary and the loss of face in the football community that he may have suffered because of the Post's accusations. The U.S. Internal Revenue Service does not consider such payments taxable, although punitive damages in libel cases-damages assessed as fines against the libeler but paid to the libeled person-are taxed as regular income...
...seven founders, got some useful advice from Tobacco Magnate Washington Duke (his family founded the American Tobacco Co.), who explained business practices while being shaved. But Duke's advice was of little help when the struggling company faced its first policyholder death: to cover the $10 payment due, the firm had only 290 cash on hand. Merrick and another backer dipped into their pockets for the difference, then shrewdly waved the widow's receipt around Durham's Negro neighborhood to prove the integrity of the young company's motto: "Merciful...
...just become one of the nation's first Negro actuaries. He scaled down overly generous interest rates, introduced stiffer medical examinations and began to train Mutual's loosely assembled staff of agents. By 1943 the firm was enough in the black to make its first dividend payment-and has not missed one since. North Carolina-born Spaulding, now 61, became president...