Word: baseness
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Dates: during 1930-1939
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...President Roosevelt conferred with tax experts from the Treasury and both houses of Congress to plan anew survey of the entire Federal tax structure, as a basis for next year's revenue act. Approved in principle by Mr. Roosevelt is broadening the income tax base (by lowering exemption) so as to bring in five or six million new taxpayers. Other features of the Treasury's tentative plan: increasing rates in the $10,000-$50,000 income brackets; lowering the maximum surtax from 75% to 60%. In charge of the new tax study: Representative Jere Cooper of Tennessee...
...weakness of embargoes against aggressor nations only is that they may lead to near-term difficulties and dangers. If the U. S. were to apply economic sanctions against Japan as an "aggressor" without first enlisting the cooperation of the British fleet and fortified Singapore Base, it would probably find itself hard put to it to keep its trade lanes open to the Malayan Archipelago, whence comes most U. S. rubber and tin. The Japanese might be provoked to raids on American shipping in the Celebes and Java seas and would probably attack the Philippines. In the event...
...There are ten guerrilla regiments operating in each of ten war areas. Each of the 100 regiments snipes off ten Japanese soldiers daily, thus giving a total of 1,000 Japanese deaths daily, or 365,000 yearly, from guerrilla warfare alone. The General claimed that a well-established guerrilla base could tie up 50,000 Japanese in police and garrison duty...
...still brilliantly in the running was Lieutenant Robert M. Stanley of Pensacola's naval air base. Fortnight ago he had upped the U. S. altitude record to 13,400 feet (world record: German Captain Walter Drechsel's 23,196 feet). Last week, skilfully riding the air currents, he darted deliberately into just such a cumulus as had made Udo Fischer abandon his plane, bettered his own record by 3,194 feet...
This week, as the press preview round trip completed its westward flight and a scheduled flight over the northern route was headed east, Pan American's 41-ton Dixie Clipper (Captain Arthur E. La Porte, commanding) was readied at its Port Washington, L. I. base to take off for Lisbon and Marseille via the Azores, on its first regular passenger flight (44 hours).* It was just 20 years to the month since Captain John Alcock and Lieutenant Arthur Whitten Brown made the first non-stop transatlantic hop. In the seat once reserved for well-loved Will Rogers...