Word: turnoveritis
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Nevertheless, the government firmly intends to maintain its ceilings, is adding a carrot to match its stick. If restaurateurs hold the line, their taxes-which of course they only pay sporadically anyway-maybe scaled down from the present 8.5% of gross turnover to the 4.25% enjoyed by less artistic businesses...
Washington last week played host to a diplomat with an unhyphenated double-barreled name: the new British Labor government's Foreign Secretary, Patrick Gordon Walker, 57, who came calling for a getting-to-know-you chat with top U.S. officials. Both President Johnson and Secretary of State Dean Rusk...
Carleton's president welcomes the greater rewards of cash and kudos that have accrued to the profession. "What disturbs me," he says, "is that with colleges, universities, government and industry all competing for the services of faculty, there has developed a pattern of relatively rapid turnover." As a result...
While some sheiks haggle like bazaar veterans for the extra half-percent interest that is paid for whopping deposits (top: 7%), a few devout Moslems refuse to accept any interest at all on their oil millions. In Beirut's amazingly liquid and fast-moving money market, the bankers quickly...
It seems that the long dry spell in the Boston area has left the Charles low and relatively stagnant. At the same time, salt water has been coming in through the dam at the mouth of the river. Since the salt water is heavier, it sinks to the bottom, preventing...