Word: bulks
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Dates: during 1950-1959
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...those days, when a whole year's war budget was only $6 billion. In World War II, EPT's yield was tremendous: $28 billion, or 58% of all corporate taxes paid during the war. The tax again made a rough sort of sense because the bulk of industry was mobilized and fared equally under EPT. But when EPT was slapped on again in 1950, even the tax's Fair Deal advocates admitted that it was unsound-although its very name made it politically popular. In a semi-mobilized economy, such a tax could not skim the profits...
General Motors, which set a new pattern for labor and management five years ago by tying wages to the cost of living, last week modernized the pattern. It agreed to a request by the C.I.O.'s United Auto Workers that the bulk of the cost-of-living increases be incorporated in base pay rates. Thus, of the 24? in cost-of-living increases granted since 1950, 19? will become a permanent pay increase...
...Corporation as, in line with its recently stated policy, it "inquires into the full facts" in order to decide whether to retain teachers who have refused to testify before investigating committees. In this touchy field, he faces the well-nigh impossible job of reconciling the opinions of the bulk of the Faculty on one hand and state and national political figures on the other. A number of prominent alumni have also expressed themselves vigorously on this issue, which, in less than a year, has become one of the University's biggest headaches...
...proposes to cut $2.3 billion off the amount of money (including unspent funds appropriated in the past) which the three armed forces can spend in the fiscal year starting July 1. It also proposes to slice $5.2 billion off the new 1954 appropriations proposed by the Truman Administration. The bulk of both cuts will come primarily out of funds for future aircraft procurement. Because it takes anywhere from one to eight years before a plane on order becomes a plane in the air, the effects of the first Eisenhower defense budget on the Air Force would not begin to show...
Three times last week, Influence Peddler Henry Grunewald lowered his bursitis-racked bulk into the witness chair of the House subcommittee investigating the Bureau of Internal Revenue. Each time he dropped enough names and dollar signs to whet the investigators' appetites, then retreated into playful forgetfulness or plain refusal to answer. Items: ¶On his 1948 tax return was this item: "Presidential election bets, $20,000." Said Grunewald: "I bet on Harry Truman when everybody else dropped him." Where did he place the bet? With Miami Bookmaker Harold Salvey, a Kefauver committee witness now under indictment for income...