Word: exceedingly
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Dates: during 1930-1939
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...only real Social Security expense is the system's net deficit, $61,174,000 for 1938. However there is one big difference between selling annuities and letter-carrying: Social Security payments will be far smaller than its tax collections for many years. In 1938 collections will exceed actual payments by $480,000,000. This money will be invested in Government bonds and if a $40,000,000,000 reserve should be built up as anticipated, the Government might eventually owe its whole public debt to its prospective pensioners. It was this that Alf Landon last fall called a "cruel...
...those parts of Kansas and states of the North Central region where corn is the chief crop, farmers will be told how much corn to plant, get an extra 5% added to their soil-diversion bounty if they obey. If they exceed their planting limit, there will be a deduction for each extra acre. Thus the Department, fearing a surplus which would send corn and hog prices crashing, hopes to bring corn acreage from 1932-33's 59,000,000 and last year's 54-500,000 acres down to some 54,000,000 acres. Reluctant to discuss...
...boom stage is not here yet but we are so near it that we have no time to lose in getting ready to meet it." Indeed, retailers are expecting to meet the boom this month in Christmas trade which will be the heaviest in dollars since 1929 and may exceed that year in volume of actual goods. In rural sections retail trade this autumn has already topped 1929. City counters have been jammed ever since the holiday shopping started after Thanksgiving, with a notable improvement in demand for quality and luxury lines. In Manhattan stores furs have led all departments...
...religious, humane, charitable, or educational purposes which shall use said property exclusively for such purposes 'within the state' shall be exempt from the inheritance taxes." This means that Harvard would not come under the usual tax-exempt category. Another clause, however, stipulates that taxes on bequests should not exceed 15% of the amount given to any one beneficiary, leaving approximately $2,000,000 which will eventually be realized by the University. Federal taxation will not effect Mrs. Nieman's grant because of its educational use, and also because Federal inheritance taxes cannot be twice collected on the same money within...
...John Hamilton, unlike John Raskob, has not great personal wealth with which to play sugar-daddy to his Party. Last week John Hamilton talked blithely of spending two or three weeks raising money to pay the huge Republican deficit whose full size is still undetermined but which will probably exceed $1,000,000. It took Financier Raskob and his party more than four years to pay off the Democratic deficit...