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Philo Taylor Farnsworth, 30, failed ten years ago as a radio repairman. To George Everson, well-to-do San Francisco bachelor, he submitted his scheme for electronic television, no blueprints. When radio engineers assured Mr. Everson that the Farnsworth idea seemed feasible, he put up money for experiments, got addi tional backing from officials of San Fran cisco's Crocker First National Bank. Hard-working young Farnsworth twice threw equipment worth $25,000 out the window, started over again. Finally successful demonstrations were made at Phila delphia's Franklin Institute. Philco Radio &; Television Corp. bought U. S. rights...
...dividends on its chewing gum business- one payable in each of the next four months-at the extraordinary rate of 26 30/95? per share. Not so complicated as it looks, the new rate will result in stockholders getting a monthly dividend of 25? per share as formerly. The odd addi- tion merely represents the 5% tax on dividends collected at source under the new tax law. Thus the Wrigley Co. simplified the problem of figuring out shareholders' dividends, absorbed the tax itself, set a precedent...
...enactment of the gaming statute crowded Reno's palaces of chance with increased patronage, although no addi tional halls were opened. The new law merely makes legal what has gone on 24 hours daily for years. The famed Bank Club, however, was preparing to knock out a wall to provide larger quarters for the gamesters. Each game was taxed $50 a month, 50%, of which will go to the city in which it is collected, the remainder split between county and State. Slot machines were licensed at $10 a month. Although the State passed an antigambling law in 1910. since...
...tutor's rooms, and not in the common rooms, that Peterkin thinks the system will best be advanced. Certain hours each week should be given each student wherein he might talk 'shop' or hold the conference which now makes up the sole relation between tutor and student. In addi- tion to this, however, the tutor should maintain a sort of open house, on certain evenings at which times a student would always feel at liberty to visit. During his residence in Stoughton Hall, Peterkin tried this system, and found it worked very well. Many students paid regular visits, while others...
...next fiscal year, the effect of this act will be to take an addi tional $58,000,000 of the money paid ,by the taxpayers of the nation and add it to the pension checks of the veterans of the wars from 1812 to 1902 and their widows and depend ents...