Word: deferments
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...Defer taxes on foreign income of U.S. firms until these earnings are distributed in the U.S. as dividends. Thus a company could reinvest more profits abroad, shift profits, taxfree, from one foreign land to another...
...Virginia's Governor J. Lindsay Almond Jr. angrily denounced the Supreme Court opinion but also decided "to defer for the present" a plan to reopen only those classes to which Negroes have not been admitted by court order. In Norfolk, salted with Northerners and heavily dependent on the big U.S. Navy base for business, the tongue-in-cheek city council took the next step prescribed by Virginia's massive resistance laws, asked Almond to reopen the schools on a segregated basis. Almond ignored the petition; it was plainly an effort to make him directly responsible for defying court...
...Asia or Africa, or Europe for that matter, will agree to send troops to pursue the purposes which the American troops are supposed to seek in Lebanon." What was the U.S. doing but resorting to Hitler's "big lie"? Retorted the U.S.'s Lodge acidly: "I must defer to Mr. Sobolev in the knowledge of Adolf Hitler, because his government was once .an ally of Adolf Hitler...
...amendment, they warned, they would retaliate by slashing foreign aid funds. Retreating halfway, the President let word get out that he liked the principle of the Kennedy amendment, but was leaving it up to the Senate to decide whether to tack it on to the foreign aid bill or defer it for later action. Was he sure that this was where he wanted to stand? asked a White House staffer. Barked Ike: "Now look, I've told you three times-that...
...Alpert, who likes to fiddle to take his mind off his road's troubles, announced that the New Haven's finances were so poor it could not pay some $2,000,000 interest charges due May 1 on its 4½% general mortgage bonds. Instead it will defer the payment, write its stockholders an IOU, and hope for better times -while the unpaid interest accumulates, thus making the eventual reckoning just that much steeper...