Word: trusted
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Dates: during 1970-1979
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...Palestine." It will be seen that Mr. Balfour pledged nothing. Nor was he or the government of Great Britain in a position to pledge the creation of a Jewish homeland in Palestine. Palestine'' was never a British colony, territory or possession, though Britain later administered it in trust for its inhabitants under mandate from the League of Nations...
...last Christmas Eve, popped up in a variety of roles that included a policeman, a window washer, a bank guard and a Western Union messenger. Last week the Actor was at it again -this time with star billing in a television commercial for Connecticut's New Britain Bank & Trust...
...year ended June 30th, 1970, would have been approximately two percentage points higher if the Coop had maintained its previous practice of disallowing patronage refunds on charge purchases not paid by the end of the billing month. This practice was not maintained because, according to Mr. Brown, the Harvard Trust Company now charges 11/2% per month interest on late payments, and, I suppose, both to deny the patronage refund and allow the bank to charge such a high rate of interest on late payments was considered an arrangement the customers would not accept...
...month on such payments. While Mr. Brown emphasizes that the effect of this practice is to increase the number of people "sharing a given number of dollars available for patronage refund," he neglects to mention the significant fact that, as a result of the new procedure, the Harvard Trust Company is now receiving as interest some amount of the patronage refund funds which would previously have remained with the Society and been available for distribution to its members! Therefore, the actual net effect of the Coop's arrangement with the Harvard Trust Company is to give the bank some...
...getting short-changed by this new practice of the Coop? Not Mr. Brown. His salary is probably higher than it was last year. Not the Harvard Trust Company. It is getting part of the Coop members' patronage refund as well as usurious interest. Not the other banks that loan the Coop money to build unnecessary buildings, such as the Business School Coop, and to carry ridiculous inventories, such as refrigerators and color televisions. These banks are paid their interest charges even before the Harvard Trust Company gets its cut. Two affected groups remain: the employees and the customers. Mr. Brown...