Word: effect
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Dates: during 1930-1939
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Hazard No. 2 was a Senate resolution introduced by North Dakota's Nye suggesting that the U. S. repeal the embargo on shipments of arms to Spain. Passed in January 1937, the embargo has been consistently criticized for doing less to effect U. S. neutrality than to assist Generalissimo Franco, by its disheartening effect on the Loyalist Government. Like the Scott Resolution three weeks ago, the Nye Resolution apparently had the tacit approval of Franklin Delano Roosevelt. With the President still off on his fishing trip, Secretary Hull decided to delay his shot-in the form of a note...
Hazard No. 3, apparently the least troublesome of the lot, was the one that caused calm Secretary Hull to speak his mind more briskly than usual. In the Washington Merry-Go-Round (circ. 13,500,000) last week appeared a story to the effect that Secretary Hull and his "career boys" had been violating the neutrality law by allowing shipments of arms to Germany. Reason: The Neutrality Act prohibits arms shipments "in violation of a treaty" and the 1921 peace treaty specifically prohibits "importation into Germany of arms, munitions and war materials." That day, Columnist Drew Pearson, co-author...
...Arthur Healey, last week helped get Wages-&-Hours its hearing on the floor, but the real reasons for the sensational transformation of Aunt Mary's capsized applecart into a genuine political bandwagon lay elsewhere. They were: 1) a letter to her from Franklin Roosevelt last fortnight in effect urging members to heed her petition, and 2) the Florida primary (see p. 77), which had the result of urging members to heed Franklin Roosevelt...
After hearing the report and recommendations of the committee investigating the House admission situation, the Harvard Student Union last night passed a resolution to the effect that the committee should continue its work, and until a more complete solution to the problem be found it recommended a plan of associate membership for those who are not admitted to Houses...
Compared with this long-run problem is the problem of the effect upon the business cycle of taxation aimed at reducing the amount of savings. The pamphlet contains a very careful analysis of the effects on all aspects of the economic life of the country of the Capital Gains Tax, the Undistributed Surplus Tax, and the Social Security Tax. The conclusion is that though these taxes are in part designed to curb over-saving they reduce savings in a year only between one-half and three-quarters billions of dollars. What relation is there between these taxes and the current...