Word: fortnights
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Dates: during 1920-1929
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...Cutting. Secretary of the Treasury Mellon had said that the people's taxes could be cut only $225,000,000 with safety in the next two years. The Ways & Means Committee had raised this figure to $232,735,000 in a Revenue Act it reported last fortnight (TIME, Dec. 19). Last week, when they altered and passed the Revenue Act, the Representatives overrode the Ways & Means Committee at two points and voted to cut the people's taxes by $289,735,000. The first alteration, reducing tax revenues some 24 millions, aimed to benefit corporations with incomes...
...imprisonment for a fourth conviction regardless of degree, has been the model for tightened laws in many a state. The theory underlying the Baumes code is that crime is disease, that habitual criminals are chronic patients. Governor Alfred Emanuel Smith of New York appeared before the Baumes commission a fortnight ago and elaborated its theory of crime still further. He made suggestions which, if adopted, will constitute a departure almost as notable in criminology as was the substitution of vaccine for leeches in the treatment of smallpox. Governor Smith proposed that the New York Crime Commission be empowered...
Oklahoma, state of many Indians,* spent last fortnight in a mist of political metaphysics. Four members of the Legislature accused Governor Henry S. Johnston of not being Governor. They said his secretary, small, attractive, dark-haired, formidable Mrs. O. O. Hammonds, was "Governor in fact." They asked Governor Johnston to call a special meeting of the Legislature to investigate himself (TIME, Dec. 5). How an alleged non-Governor could convene the Legislature, the legislators did not explain. Perhaps they thought Mr. Johnston would know because among his reputed misdemeanors was taking an interest in things psychic. But Mr. Johnston gave...
...23rd anniversary of our marriage. At noon we heard prayers. The choir muddled and sang false, doubtless from lack of practice." Three days later the shattering news reached even Tobolsk. Nicholas the Last pondered well, then wrote: "It is disgusting to read in the papers what happened a fortnight ago in Petrograd and Moscow." Perhaps the true import of "what happened" was not realized by His Majesty, sheltered, fatalistic, until eight months later, when he was herded with his wife & family into a cellar at Ekaterinburg, in southern Russia, and shot July...
...other conditions stimulated the shipment: 1) A fortnight ago transatlantic steamships reduced their freight charges from $3,750 to $1,500 for each $1,000,000 of gold carried; 2) The pound sterling increased in international value above its par of $4.8665 to $4.8828. Theoretically when the pound sterling becomes worth $4.8875 it is worthwhile for U. S. banks to send gold to England. The difference of 2.1 cents is enough to pay for freight, insurance ($450 for every $1,000,000), cooperage ($60), cartage ($50), brokers' fees and loss of interest. Last week, although the pound's value...