Word: exempted
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...letter in 120, 8 and 9, and Paine himself has been top name in Harvard hockey since his Freshman year. Paine yesterday stated that he expected to be here next winter, harring, of course, the draft board. He does not take Naval Science at any other course which would exempt his being called into service...
Participation in inter-House athletics will exempt students from part or all of the new compulsory athletics program, Adolph W. Samborski '25, director of Intramural Athletics, announced yesterday. House residents may work off up to all four of their conditioning periods by competing in House baseball, softball, or crew this spring, he revealed...
...already heavy schedule of men in the laboratory sciences, of men under accelerated programs, and of men who work on T.S.E., etc. 15-20 hours a week, the program is likely to defeat the main objectives of a Harvard education. On the other hand, it would be unfair to exempt any of these groups and not the others...
...Treasury also left the present normal corporate income tax unchanged at 24%. Instead, it would convert the present 6% and 7% surtax into a "war surtax" of maybe 31%, aimed at the most profitable corporations. One reason for not raising the normal rate: some outstanding Federal bonds are tax-exempt as to normal tax, not as to surtax. If the normal tax were increased, these bonds might become unduly attractive in comparison with new (wholly taxable) issues to come...
...college newspaper, the Crimson has been adversely affected by the war. Local and national advertising is harder to sell because of uncertain conditions everywhere, costs are rising, and Harvard's accelerated program is taking up much of the former spare time of our staff. During such an abnormal period, exempt. For these reasons we have found it necessary to cut out the six Saturday papers remaining this semester. We plan, however, to put the Crimson on a year-round basis and will continue publication throughout the summer. Furthermore, the curtailment of our regular Saturday issues will permit more frequent...