Word: payment
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...same time as 1) a vice president of New York's First Boston Corp., a Dixon-Yates financing agent, and 2) a Budget Bureau consultant on the contract. Then Attorney General Herbert Brownell went on to rule that Dixon-Yates investors were not even entitled to payment for costs already incurred, because Wen-zell's dual role made the contract invalid. The Dixon-Yates utility firms went to court to recover the costs...
...Coogan-Huller travel service flourished, added a "travel now-pay later" system for men who looked like good credit risks, experimented with a "group-payment plan" when seven G.I.s promised $185 to get a buddy to Korea. In six months, the red-faced Army admitted last week, Coogan-Huller cleared $1,750 from ten soldiers, in all shipped at least 18 to chosen places abroad, had four customers ready to travel when the word-of-mouth ad campaign reached one ear too many...
...good reason why U.S. markets abroad are shrinking is that the steelmakers, like many other U.S. manufacturers, are not aggressive enough in selling. U.S. steel companies offer few credit plans, insist on payment in dollars, are often uninterested in working out deals with soft currencies. "When a Brazilian writes a letter to a German and an American steel firm," admits a U.S. steelman, "he gets back a letter from the American firm-and a salesman from the German firm." Says a Belgian steelman: "For countries like us, exporting is a matter of living, but the U.S. incentive for export...
...Down Payment. In Tulsa, Okla., because they needed the money, city officials swallowed their pride, cashed a taxpayer's check that read: "Pay to the order of the thieves of City Hall, $13.50 for water from a bunch of crooks...
...Bach's skill at spotting hungry boys with talent, most of them Depression kids with a drive to make good. For them, Bach's first aim was finding a fine camera: "In those days, it was like buying a diamond." Often Bach lent a boy the down payment out of his own pocket, persuaded a camera store to give him credit, found him odd jobs to keep up the payments. With a precision instrument in his palms, a boy's confidence soared and soared. And Bach carried through by getting his boys jobs on newspapers-on condition...