Word: bille
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Dates: during 1960-1969
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...immediate cause of this chaos is the congressional drive to close tax loopholes. Interest paid on municipal bonds has always been exempt from federal income tax, but the reform bill that the House passed in August would make such interest partially taxable for many individual investors. Banks, which normally buy 70% to 80% of all municipal bonds, would continue to collect tax-free interest, but their officers fear that if the bill is finally enacted it will be only a matter of time before that exemption is limited, too. The slowdown in municipal-bond sales has produced something close...
...With Harvard's forward line improving at such a fast rate. and Bill Meyers aiming for his third straight shutont in the nets. the Crimson should have little trouble with the Terriers...
Club president Dave Zucconi, a 35-year old Brown graduate. anchors a fast, elusive backfield which includes All-American fullback Bill Mullin. and Mike Diffily. another All-American, leads a rugged scrum. The Bruins trounced Newport. 28-0, last week, and the Brown "B" squad lost narrowly to the first Tufts fifteen...
...House of Representatives will probably act today on a bill which could spell the end of most Defense Department research grants at Harvard...
...crucial provision of the bill, which has already passed the Senate, forbids the Defense Department to carry out any research unless it "has a direct and apparent relationship to a specific military function or operation." Most of the $4.2 million Harvard received in Defense Department grants last year goes for so called "pure research" projects which have no direct military application...