Word: deferement
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Dates: during 1960-1969
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...TAXES. Nowhere has the breakdown in communication been more evident than in the Administration's vain effort to put through a $1.7 billion tax credit for plant modernization. Though intended as a gesture to business, it died because businessmen opposed it, figuring that it would only defer what they really wanted: a $5 billion across-the-board liberalization of depreciation allowances. Businessmen are also worried about the possibility of higher taxes in January and petty tax annoyances right now. An airline president gripes about the Internal Revenue Bureau's crackdown on convention expenses; a major oil company president...
...bill before it becomes law. In Diefenbaker's view, the Senate is a relic-its appointed members are supposed to be seen but not heard. The current Senate, though, is controlled by the opposition Liberals, and they have very different ideas. Last week the Senate voted to defer its approval until Banker Coyne has a chance to tell his side of the story before a senatorial hearing...
...preferred to remain out of the public view and to defer the applause of the moment to the judgment of history...
...perpetual tension between the black and white races in South Africa are limited the nation's novelists to a consideration of the color problem, forcing them to defer answering the basic question, "what is life?" a South African novelist declared last night...
...Korean war. The loan will raise China's contribution to the North Korean economy to around $500 million v. $750 million from Russia. Last week Moscow riposted with an announcement that the Soviet Union has waived repayment by North Korea of one $190 million Russian loan, agreed to defer repayment of an-other $35 million...