Word: beardsley
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When Tax Expert Beardsley (pay-as-you-go) Ruml went to Washington two months ago to denounce an excess profits tax, Senators told him an astounding fact. Though most businessmen believed that such a tax was unfair, unsound and wasteful, few besides Ruml had taken the trouble to fight it. Reason: they saw no hope of beating a tax as politically popular as it is economically unsound (TIME...
...efficient way of "mobilizing the profits dollar" or, for that matter, of capturing unreasonable war profits. Even Harry Truman's own tax experts privately confess that in both wars the tax proved inherently unfair, vastly difficult to administer, and an unsatisfactory revenue producer. Last week Tax Expert Beardsley Ruml told the American Bar Association in Washington that the clamor for an excess profits tax is "a hysterical manifestation of schizophrenic masochism." Nobody, he added, had ever yet been able to devise a good...
...Right Note. The planeloads of guests for the opening would include Actress Alexis Smith, oldtime Star Gloria Swanson, Eastern Air Lines President Eddie Rickenbacker, R. H. Macy's Beardsley Ruml, David Rockefeller and Julius ("Cap") Krug. But none of the party-goers would enjoy the round of banquets, swimming parties and tennis tournaments as much as their party-loving, party-giving host, Conrad Nicholson Hilton, the world's No. 1 hotelman, who this week was getting his first excited look at his newest hotel...
...Sample membership: James F. Brownlee, chairman of the Business-Education Committee of the Committee for Economic Development; Mrs. Bruce Gould, co-editor of the Ladies' Home Journal; Lester B. Granger, executive director of the National Urban League.; Leo Perlis, national director of the National C.I.O. Community Services Committee; Beardsley Ruml, chairman of the board of R. H. Macy & Co.; Richard Joyce Smith, chairman of the Board of Education of Fairfield, Conn.; James A. Stevenson, president of the Penn Mutual Life Insurance Co. The full committee will total...
...inauguration in January was a great occasion in San Juan. One of the most notable facts about the ceremony was the presence of an imposing list of U.S. bankers and industrialists, including Macy's Beardsley Ruml and David Rockefeller of the Chase National Bank...