Word: cent
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Dates: during 1930-1939
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...records also show that these old schools are well maintaining their reputations for high scholarship. Each of them placed more than a quarter of its delegation on the honor list in the admission examinations. Roxbury Latin fared the best proportionately, with six or 50 per cent of its twelve graduates winning distinction. Milton led the larger schools with fifteen honor entrants, or 38 per cent of its total of thirty-nine boys. A few of the younger preparatory schools did as well or almost as well. But the figures are evidence that New England's older schools are losing none...
...facts are, of course, that despite protestations to the contrary from some of the manufacturers, there is a decided difference in quality between the 10-cent and the 15-cent cigarette. Members of Congress from tobacco producing states indicated as much in their line of questioning when this subject was up before the committee in January...
Thus of the 10-cent cigarette manufacturers the largest is owned 100 per cent by the British-American Tobacco Company, with offices in London, which in turn is owned about 33 1-3 per cent by The British Imperial Tobacco Company, and the remainder is scattered throughout the world, instead of being, therefore, a small independent unit trying to help the American Treasury get along, the chief proponent of the new tax idea is controlled and owned by a foreign concern...
...fight, it is asserted, is to break down the American companies into such fierce competition for volume that tobacco farmers will have to sell at a lower price. One of the large independent companies, wholly American owned, has telegraphed Senator Byrd of Virginia, that, while it makes a 10-cent cigarette and might temporarily benefit by the reduced tax, the situation that would be created would cost the tobacco farmers of Virginia and North Carolina alone approximately $30,000,000 a year through the effect it would have on tobacco prices...
...only argument in reply has been that tax revenues would increase if a lower priced cigarette could be stimulated by government action. The probabilities, however, are that the higher priced cigarette manufacturers would be compelled to put out a 10-cent cigarette to meet the competition, the public would get a poorer quality of cigarette all around, and the revenues which the government thought it had from the 15-cent product would diminish materially, and the farmer would get less for his product...