Word: exemption
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Dates: during 1930-1939
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Continuing her independent attitude toward the war, bone-dry, Virginia-born Lady Astor-who has so far: 1) demanded that boys under 20 be exempt from conscription; 2) seen her four sons (all over 20) join up-this week carried on. She planned to press the British Government to reintroduce the "Dutch Treat" rule of World War I, which, forcing people to buy their own drinks, protected men and women on duty "against hospitality by the public...
...students will quickly be introduced to Cambridge politics in a mayoralty campaign that promises to be one of the hottest in recent years, when the issue of taxing tax-exempt Harvard is raised by one or more of the candidates...
Last fortnight Lord Beaverbrook's Hearst-like London Sunday Express demanded that hopelessly unfit oldsters should be retired at once in favor of nimbler men, who, as directors of industry, would then be exempt from the draft. Suggesting that shareholders look over their boards of directors, the Express advised a test: "Ask the chairman if he can ride a bicycle. If he can't, then get a new chairman...
...Latin-American countries were exempt from the most vital provisions (as the President wished...
...speculating. Last week the New York Stock Exchange issued a new regulation to satisfy SEC. It forbade general partners of member firms from trading on margin through their own or other member firms. (Like other investors, they can, of course, trade on borrowed money if they obtain it elsewhere.) Exempt from this rule were specialists and certain technical transactions. The Exchange warned partners that the brokerage accounts of their close relatives would be scanned to see that the spirit of the new rule was observed...