Word: bracket
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...future-and set company policy accordingly. By filling up the treasury until the company's present timber reserves ran out-about 1960-he could then cash in his chips as low-taxed capital gains. Other shareholders not in Avery's 91% income-tax bracket wanted hefty dividends declared along the way. Avery had enough support to sack company men who opposed him, including Treasurer Waldo G. Murphy...
...forth in your letter cannot be fairly understood except in the context of my life and work." Oppenheimer's letter shone with literary brilliance; the strength of his personality leaped out from the page. It was especially moving to men and women in the same age bracket as Oppenheimer (he is 50). Many men ten years older or ten years younger did not fully understand him. His letter was an account of a strange period of history, the decades 1920-50-not so much of their strange events but of even stranger states of mind. His story...
...victory in the college championships will entitle the Crimson to compete Sunday for the International Championships. The four teams entered in the International bracket include Toronto, the Pensacola Wanderers, a U.S. Navy team, and the Bermuda Athletic Association...
...show well in the 220. Ohio State's Ford Konno will win that event and the 440 since he happens to hold the intercollegiate records in both (2:04.7 and 4:29.4), but at least this will keep Yale's Marty Smith out of the high-point bracket...
...shifting pattern of trade has brought new problems to big cities, not only for businessmen but for city officials. As trade suffers, the city becomes relatively more expensive to run efficiently. New York City alone has lost 500,000 upper-and middle-income-bracket families to the suburbs since 1943; those who remain are poorer, less able to pay taxes for expensive city services. Lower tax returns, in turn, mean more crowding and more slums. Says Detroit City Planner Paul Reid: "Newcomers, for the most part, are in the lower economic level. As they settle in the city, others...