Word: deferments
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...urgency of tax reform, the C.E.D. disagreed sharply with Mills. "We hope that action in the early part of 1963 will not be delayed by disagreements about the precise size and distribution of the tax reductions. It would be particularly unwise to defer action pending the resolution of a list of perennial and highly controversial problems of the tax structure." The C.E.D. also disagreed with the Byrd view that 1963 tax cuts should be accompanied by substantial reductions in Government expenditures. Tax reduction, argued the C.E.D., would so stimulate the economy, by fostering investment and demand, that revenues would rise...
...Father Urban's brothers and superiors understand this, however, and Urban, forced to defer to mediocrity, suffers the torments of a good man who is not allowed to do as well as he can. There is, indeed, one black period when Urban is taken off the lunch-and-lecture circuit and set to scraping wallpaper in a drafty retreat house...
...meaning "criticism") and attractive thinking," exalting "creative art" at the expense of "scholarship." This is such a common statement of values that we tend to pass it over, ignoring the line of argument that prompts it. What is the argument? Simply this: that just as a work of art defers to the supremacy of life, so criticism should defer to the work of art. Criticism is here conceived as the lowest form of life, rather embarrassingly for Harvard, that lives criticism with such a passion. But is the line of reasoning a completely truthful one? I think not. Art' doesn...
...Radcliffe College Council the RGA constitution and by-laws, the group power to change the , the Rules Committee will final proposal late in May. If decides to defer action on the next fall, the rules changes to wait till then...
...time to begin working toward it. "Appropriations," he told the heads of federal agencies, "are only a ceiling, not a mandate to spend . . . The current outlook re-emphasizes the necessity to conduct the necessary work of the Government at the lowest possible costs, to eliminate or defer low-priority activities and to limit the number of Government employees to the absolute minimum...