Word: payments
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Dates: during 1950-1959
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...hope of speeding settlement of Du Pont-G.M. case (TIME, June 27, 1957 et seq.), aiding in overall antitrust enforcement. But Treasury and Justice oppose as too liberal bill to free Du Pont stockholders from paying regular income tax on G.M. stock when they receive it, require only payment of lower capital gains tax rate when G.M. stock is sold...
After five years, the Prudential Insurance Co. last week won a major victory in its campaign for variable annuities, a new type of insurance designed to protect policyholders against inflation. Under the plan, annuity payments vary according to the price of common stocks in which premiums are invested, a sharp contrast to conventional annuities, which guarantee fixed payment based on traditional insurance company investments, such as mortgages...
...Senate and House passed separate wheat bills, both opposed by the Eisenhower Administration. The Senate pegged price supports at 65% of parity for farmers who plant full allotments, 75% for a 10% acreage cut, 85% for a 20% cut. It also set $35,000 as the maximum individual payment in any calendar year. The House offered a choice of planting full acreage at 50% of parity, or 75% of acreage at 90%, made $50,000 the maximum payment. Agriculture Department experts estimated that the Senate bill would cost an additional $150 million to $200 million, the House bill $110 million...
Jones's difficulties began when he and State Parks Director J. W. Brinson Jr. were questioned about an apparent $4,650 overcharge on the state purchase of gardening machinery. Jones got to Jury Foreman Edward Westlake, 39, and proposed a $100,000 payment for hamstringing that and other investigations. Westlake refused, reported the offer to State Solicitor General Paul Webb. At Webb's urging, Westlake got in touch with Jones again, hinted at a change of heart. Meeting at an Atlanta tree nursery, the two agreed on a $10,000 price tag on the single charge against Jones...
This is a direct imposition not only on the people who both play and support rugby, but also on the several hundred spectators. Whether a spectator paid by cash or coupon, he did so with the understanding that his payment was connected with supporting the contest...