Word: premiums
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Dates: during 1960-1969
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...widely accepted speculation is that the pressures of survival put a heavy premium on the dawning intelligence of man. The first toolmaker gained an enormous survival advantage over his fellows-and may have asserted it by cornering the local supply of women. This male dominance operated to drive less intellectual males to the periphery of the troop, or tribe; it also served to transmit the toolmaker's genes to the next generation...
...keep it out of the hands of Harvard students and Faculty at large, when the most superficial examination of its contents would reveal that they included factual material necessary for an informed decision about ROTC. This kind of secrecy is intolerable in an academic community that places a premium upon rational choice based on knowledge of the relevant facts. It was not until opponents of ROTC discovered a copy, more than one month after it was released, that its contents are being publicized. Indeed, if the Faculty had been able to meet and decide on the ROTC issue...
...sell its shares to the public, mainly in Europe, but not in the U.S. or Canada. In those countries, the partners figure, it would not be worth struggling through a maze of taxes, notably the U.S.'s interest-equalization tax, which obliges Americans to pay an 18¾ premium for foreign securities...
...have different ideas, and manage to swing the meeting over to their side, by reminding them of other possible costs. Cooke writes, $3.000, it was suddenly discovered, looked like a bargain. So they voted it, in theory to preserve the "old wooden covered bridge," in fact as an insurance premium against damage suits and as a bait to hook the nibbling "historical element." In a way, the passage describes not the preservation of a covered bridge, but rather the preservation of a far rarer ristorical specimen: a center of Yankee parsimony...
Sinclair had other reasons to opt for Atlantic Richfield. Although it boasts a solid refinery and marketing operation, Sinclair suffers from limited production capacity and must buy large amounts of crude oil at a premium from outside sources. Fast-growing Atlantic Richfield (1967 sales: $1.56 billion) has meanwhile been on a production binge, and its recent oil find on the North Slope of Alaska promises to be one of the largest in U.S. history. A merger that would enable Atlantic Richfield to move its oil through Sinclair refineries would obviously benefit both companies...