Word: premiums
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Dates: during 1950-1959
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...farm problem, since its aim is to increase the income of farmers by cutting their costs, improving their products and widening the market by lowering prices to the housewife. Under the contract, the packing company makes a deal with a farmer to buy all his hogs at a set premium (as much as 50? per cwt.) over the delivery day's average market price. The packer can pay this premium because under the contract the farmer follows expert advice on breeding and feeding, gets leaner pork, which brings higher retail prices and competes better with beef. With marketing risks...
...FOOTball, by changing the distance for conversion from two yards to three yards. At the same time, they rejected proposals to move the goalposts back to the goal line, as in professional football, or to authorize any changes in the construction of the goalposts which would put a premium on kicking ability...
...eleven Picassos and four Braques. Endowed with a natural flair for color and design, Lasker was delighted to find that his eye automatically picked out the best of the lots shown him by dealers. He also discovered: "One not only has to pay the highest prices, but also a premium for the privilege of paying the highest prices...
...tough-minded but genial realist who coached track while president of Queens, likes to do carpentry and fiddle on the violin, Theobald combines a certain sympathy for modern educational theories with a no-nonsense attitude towards such practices as promoting all students automatically. "This," says he, "puts a premium on misbehavior." He has even publicly advocated placing incorrigibles in separate schools rather than allowing them to muddy the ones they are in. Though he agrees that the public schools must meet the needs of each child, he also thinks that "there comes a time when...
SLIDING-SCALE INSURANCE, on which the premium payments go down as the size of the policy goes up, is proving a fast success. Milwaukee's Northwestern Mutual Life Insurance Co. pioneered the idea early in 1957, did so well that it will extend sliding scale to all existing policies of $5,000 or more...