Word: backlog
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Turning to Canada, the House Ways & Means Committee last week borrowed a big backlog for its new revenue bill. Rolled in for the committee's private inspection was a 2% tax on manufacturers' sales which, it was estimated, would net the Treasury an extra $600,000,000 per year. Before this piece of tax timber could be put officially into the bill, certain exemptions had to be whittled out and administrative provisions chopped in. But committeemen, Republicans and Democrats alike, were so enthusiastic about this imported levy, even in the rough, that they declared it was a "sure...
...enormous quantities, the very mention of hoarding was suppressed lest by its suggestive power it stimulate the process. The White House had no solid assurances of bank safety with which to turn the tide. Now, however, the President has the Reconstruction Finance Corp. to point to as a sturdy backlog for bank protection. With its two billion dollar credit it began to club truant cash back into stable depositories...
...General Chemical Division makes sulphuric acid, nitric acid, hydrochloric acid, acetic acid and related products. The business of this division is steady, does not promise great expansion, must be considered a valuable backlog...
...weeks it had seemed that John M. Hemphill, a Democrat-"Liberal" with Beer, Business and a little black toothbrush on his lips, would be the anointed one and make Pennsylvania history. Yet when Allegheny County's (the Mellons') votes were counted, there were 70,000 extra for Pinchot?the backlog of his 50,000 statewide majority?and Theodore Roosevelt's forester was returned to governorship...
...more than $1,000) is required for lighting, office and fence equipment. So far Mr. Carter has reaped royalties from about 5,000 courses, 150 of which were sold by the New York office alone during the past 60 days. Still slightly incredulous, he is amazed at the increasing backlog of unfilled orders...