Word: excessively
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Dates: during 1930-1939
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Profits in excess of the dividend rate and a 2% amortization reserve would revert from the State corporation to the State and from the National Corporation to the U. S. This money would go into a special fund. With a flash of hope or irony Commissioner Anderson suggested that these funds be "used for educational purposes, especially as to the evils resulting from the use of alcoholic beverages and for the eradication of those conditions which cause excessive drinking...
...Last week Magistrate George W. Simpson, resigning under fire, was discovered to have banked $100,000 in excess of his salary over a period of twelve years...
...Industry closely watches the affairs of the motor-makers, for their demands stimulate many lines. And, beyond this definite relationship, automobile sales are a sensitive index to the public's purse. As yet the industry has shown no marked improvement from the depression caused by its excess of production on the eve of a business slump. Some dealers still have unwieldy stocks of second-hand cars. Although inventories of the manufacturers and dealers are in the best condition in years and cash reserves are high the industry as a whole is overexpanded. The Automobile Salon (TIME, Dec. 15) forecast...
I.C.C. Most startling, most important of the Commission's eleven recommendations in its report was that for the repeal of the recapture clause of the Transportation Act of 1920. Under this provision the I.C.C. was authorized to take one-half of a carrier's profits in excess of 5.75% and deposit them in a Federal fund for the use of weaker roads. So bitterly have the roads fought recapture in the courts (the famed O'Fallon case turned on it [TIME, May 29, 1929]) that the Commission has collected only a scant...
...beginning next July 1, will require an estimated expenditure from the Treasury of $3,932,842,411.07, totalling $221,000,000 more than what was appropriated for 1931. The excess is due to $100,000,000 asked for the Farm Board, and increases in the Veterans' administration costs, as well as large additions to the Shipping Board and roadbuilding program for unemployment relief...