Word: gross
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Dates: during 1950-1959
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...possible violations of FHA laws; it questioned whether windfall profiteers could call profits capital gains, taxable at only 25%, instead of straight income subject to taxes as high as 91%. In a test case, BIR protested the 1948 and 1949 tax returns of Long Island Builders Alfred and George Gross, Lawrence Morton and their families...
Arms v. Men. The phrase "significantly greater" may be the understatement of the year, going by the report's own statistics. At $155 billion, the gross national product of Russia and her European satellites is less than one-quarter of the $690 billion gross national product of the U.S., Canada and Free Europe. Soviet production is expected to grow slightly faster than U.S. production (5% v. 4% a year), but even if it doubles by 1970, it will still be less than two-thirds of the U.S.'s present G.N.P...
...Security Council, "and in the meantime" asked that the Soviet government "use its best offices and fullest facilities to urge restraint on the Chinese...to avoid any incident which might lead to general hostilities." After a routine tirade charging that the real cause of trouble was "the gross interference of the U.S. in the internal affairs of China," Molotov said he would consider it. (Molotov was more expansive later when visiting Publisher William Randolph Hearst Jr. asked if there might be a local cease-fire to permit the bloodless evacuation of the Tachens. "If Chiang Kai-shek should desire...
...SHIPBUILDING is now back in third place in world rankings. Bumped out by Germany in 1953, the U.S. passed Japan in 1954. The rankings: United Kingdom 1,500,000 gross tons, Germany...
Last week Iberia proudly announced its gross for 1954: $12,500,000, an alltime record. With more planes gross income could have been twice as much. Said one Iberia executive: "It's just gotten too big for us. We have to refuse hundreds of people every day." Potholes & Safety Belts. The reason for Iberia's booming business is simply that flying is the best way to get around in Spain. By rail, the 312-mile trip to Barcelona from Madrid takes all day, costs $9.50 on a rattletrap train. Highway travel is just as bad-over narrow, potholed...