Word: grounds
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Dates: during 1960-1969
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...most exasperating tax inequity is the 27.5 per cent oil depletion allowance applied to income from oil and gas property. Designed to compensate landowners for the exhaustion of natural oil deposits in the ground, the allowance originally could not exceed the amount invested. But percentage depletion allowance, begun in 1926, bears no relation to the amount first invested. Instead, the tax-free 27.5 per cent applies to the income from the oil and gas products. Eventual recovery in this manner often goes far beyond the actual investment costs...
Arsenic, strychnine, phosphorus and thallium salts are effective rat poisons, but far too dangerous where there are children or pets. Probably the oldest of rat poisons is about the most effective and also the safest: red squill, from the ground root of a European plant. Mixed with freshly ground meat or fish baits, it is harmless to children, cats, dogs and even squirrels...
...mere presidential request for higher taxes set off a small retreat in municipal bond yields, from an average 3.98% to 3.91% for 20-year issues. And big investors scurried to snap up the last half of the big A. T. & T. debentures, which they had been spurning on the ground that the rate should have even been higher. Many corporations postpone bond offerings if interest rates leap too high. "We don't have much option," says A. T. & T. Vice President-Treasurer John J. Scanlon. Reason: as the nation's largest private borrower, the Bell System must...
...such shaky ground are the combatants met. Ultimately, after Poitier has braved a lynch mob and a gang of chain-swinging toughs on his way toward his goal, Steiger digs down to his inner resources and musters a jowly half-smile and handshake to send Poitier...
...scrap metal. Although some of the damage to the seven Egyptian divisions stationed in the Sinai came from three Israeli armer divisions, most of it was the work of the superb Israeli Air Force which dominated the skies after catching some 450 assorted planes (most of them on the ground) in the first tow days of fighting. Sharm el Sheikh fell to Israeli paratroopers and marines almost without a shot being fired; by then the Egyptians had realized their indefensible position and were trying to get back across the canal before the bulk of the Israeli forces arrived...