Word: excessively
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Dates: during 1950-1959
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...half-hour talk. Ike did not preach or threaten. He outlined the policies of his Administration and quietly explained the reasons for them. Afterwards, the Congressmen kept Ike on his feet for an hour answering a steady drumfire of questions that covered everything from Korea to extension of the excess profits...
...CONGRESS Ike Gets His Way Once the Administration had battered down the roadblock set up by House Ways & Means Committee Chairman Dan Reed (TIME, July 6), the battle to extend the excess profits tax for six months was won. Last week Ways & Means sent an extension bill to the floor. During the five-hour debate, Virginia's Democrat Howard Smith compared the Administration to a highwayman who says: "Now give me your wallet. I know I ought not to do it . . . but I need the money, and I give you my solemn assurance ... I will never...
...state production taxes have also risen. But the principal item of higher expense has been in "exploration." Humble Oil spent $43,065,000 on digging dry holes last year, 62% more than in 1948. The average cost per completed well was $106,500, up 29% from 1948. As for excess supplies, said Baker, the Defense and Interior Departments have repeatedly asked for a domestic reserve capacity of 1,000,000 bbls. a day, "as a matter of national security," and carrying such reserve capacity is expensive. Perhaps the oilmen's best argument for the raise was that, despite...
During the preliminaries of the struggle over extending the excess-profits tax. House Speaker Joe Martin outlined the problem in one sentence. Emerging from a half-hour meeting in which he tried to get support for EPT extension from New York's old (77) Dan Reed, chairman of the Ways & Means Committee, Martin reported, in characteristic good humor: "We were only one word apart-he said 'no' and I said 'yes.' " Last week the one-word distinction caught House Republicans in a party-rending conflict between Dan Reed's belief in precedent and principle...
...last-minute fighting over the excess profits tax, U.S. Steel's Ben Fairless came out for a six-month extension, and President Eisenhower personally asked balky Dan Reed to let his House Ways & Means Committee vote on an extension bill. But Reed stayed firm in his resolve not to send a bill to Congress. Speaker Joe Martin still predicted that "We will get [the bill] passed," but the odds were against...