Word: effective
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Dates: during 1950-1959
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...federal income taxes on U.S. insurance companies from $319 million this year to $500 million. The bill had the endorsement of 34 life insurance companies who write 70% of U.S. life insurance. They would have had to pay even more under an old tax formula, which was to take effect again this year when current stopgap formulas expire...
Scolded in recent months by critics ranging from Southern Congressmen to the American Bar Association, the U.S. Supreme Court last week was scolded by one of its own members: peppery Associate Justice Felix Frankfurter. The occasion: a 6-2 Supreme Court decision to the effect that a North Dakota farmer may have died by accident rather than suicide, and that his widow could therefore collect on a double-indemnity insurance clause...
Ellsworth J. Holden, Jr. 4G, president of the Graduate School Council, yesterday expressed approval of the changes. He noted it is too early to tell the real effect of the move, and added, "As far as anybody can tell, this seems to be the best thing...
...about reprisals against the colonials, and about possible Communist influence in the Algerian freedom front. When their own turn came to ask questions, the Algerians showed their awareness of American affairs. They were disturbed mainly by the proviso placed on the National Defense Education Act scholarships; by the paralyzing effect of the Communist bogey on progressive organizations; and mainly by the moribund quality of student political activity. They saw in the American student a great potential power to demonstrate, to march, and to make a substantial political gesture gone to waste...
...pills"--as tested on 57 Harvard undergraduates--have a significant effect upon athletes, the American Medical Association reported yesterday. The study, under way for the past two years, showed that up to a four per cent improvement in athletic performance results from use of the drugs...