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Dirksen's assistant in charge of his appointments, Harold Rainville, declared in Chicago that the Illinois Senator would have to cancel at least seven speeches to testify. "He's been so busy the Federal Marshal hasn't caught up with him to serve the subpoena yet," Rainville added...

Author: By Victor K. Mcelheny, | Title: Senators Ask Excusal From Kamin's Trial | 10/8/1955 | See Source »

...industry expansion. ODM has ended 19 categories of fast write-offs (asbestos, lead, tungsten, etc.) as no longer essential, indefinitely suspended 38 others (commercial aircraft, iron ore, etc.) leaving only 20 (copper, aluminum, atomic energy, etc.) of the original 225 expansion goals still in effect. New cutbacks will either cancel or postpone some 900 applications from U.S. business for $9.3 billion worth of fast write-offs...

Author: /time Magazine | Title: Time Clock, Aug. 22, 1955 | 8/22/1955 | See Source »

Unequal Equality. Finance Minister Ichimada has decided to cancel the favorable tax deal given foreigners since 1951, make everyone pay the same stiff tax as Japanese. While that sounds fair, U.S. businessmen in Japan complain bitterly that the treatment they get is far from equal. Though many Japanese businessmen make big salaries, ride around in Cadillacs and spend freely, only a handful (400 in 1954) declare salaries as high as $15,000 a year. An executive in a big firm may declare a weekly salary of $100-and pay taxes on it. But his salary is only the beginning...

Author: /time Magazine | Title: Business: The Blue-Eye Blues | 8/22/1955 | See Source »

Such matters were grist for the congressional mill, but they hardly stacked up as a solid campaign"But none of these mistakes adds up to scandal, or even superficially documents such wild charges as Kefauver's that the President had to cancel the Dixon-Yates contract because it was be coming more scandalous, more smelly, all the time . . . When Memphis, in June 1955, announced it had arranged to build its own power plant at the expense of local basic points he taxpayers, made the in 1952 President...

Author: /time Magazine | Title: National Affairs: Cancellation & Continuation | 7/25/1955 | See Source »

...from the site of the proposed Dixon-Yates plant. The appropriation will be nullified if, within 90 days, Memphis makes a definite commitment to build its own steam plant. If Memphis does indeed build its own plant, the proposed Dixon-Yates plant will be unnecessary, and the U.S. will cancel its contract with Dixon-Yates...

Author: /time Magazine | Title: THE CONGRESS: Ward Politics | 7/18/1955 | See Source »

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