Word: excessive
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Dates: during 1950-1959
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...company that pays an excess-profits tax is shortsighted. So Tax Expert Beardsley Ruml told the Gas Appliance-Manufacturers Association in Chicago last week. It is management's duty, said Ruml, to use any profits that would be clipped by the tax to pay for research, development, increased advertising and anything else that may better a company's competitive position in the long...
When Dr. Selye injected rats with overdoses of ACTH, the animals quickly lost weight and developed abscesses of the lungs, kidneys, liver and spleen. No new infection-causing organisms had been introduced; it was what Selye calls "spontaneous infection" by bacteria, present before the injection, which multiplied when the excess of ACTH reduced the animals' resistance. Injections of STH caused the animals to gain weight, brought on no bacterial disease. When STH and ACTH were injected together, the STH acted like a safety catch and prevented the ACTH from triggering an explosive infection...
...form letter sent to Senior Platoon Leaders stated, "It is the intention of this Headquarters to order you to extended active duty in excess of 30 days." Seniors must report to Quantico, Virginia for an initial assignment of five months basic training. They will serve a maximum of 21 months unless enlistments are extended...
Schlesinger stated: "There is no reason for having such a law unless there is a condition that necessitated it. This situation does not exist." He thought that Maryland's Ober Law is "far in excess of anything needed...
Despite insistent opposition demands for price and wage controls, the government stood by its argument that full controls probably would not work except in a full war emergency. When he presents the budget next month, Abbott is expected to maintain revenues well in excess of need (1951-52 estimates: $3.58 billion) and thus take more money out of circulation. He may also reinvoke the compulsory savings scheme used in World War II. Only if the fiscal brake fails will wage and price controls be tried...