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...provide the money indirectly, by putting up the collateral for loans which banks would then make to the dummy. After getting title to the ships, the dummy would then lease them to the foreigners at ridiculously low rates-so little that the dummy would never make enough money to incur U.S. taxes. Instead, all the profits would flow to the foreign operators and the true ownership would still be concealed in a bewildering maze of companies...

Author: /time Magazine | Title: GOVERNMENT: Ship Seizure | 9/14/1953 | See Source »

Tandy's big mistake was to identify himself as a member of the Emporia staff when signing the petition. Somehow this got into the papers. This was a legislative year in Kansas, the year in which a state-supported college cannot afford to incur the displeasure of the legislators. When he heard of the petition, the Secretary of the State Board of Regents told Tandy he should resign in twenty-four hours or else be fired. Tandy held firm. The Emporia faculty, under Jacobs' urging, voted to support "any action the administration of the college might take against Tandy"--even...

Author: NO WRITER ATTRIBUTED | Title: Instructor Fired in Kansas For Red Amnesty Appeal | 5/15/1953 | See Source »

...from freedom, taking refuge in authority. In deep, sudden crises, direct controls are sometimes necessary. But to let them linger on after the need for them has passed (and they always tend to linger on), or to impose them when there is no clear and present need, is to incur the danger that they will become a way of life, as in the Roman Empire. Any time a nation can shake off the shackles and prove that freedom does not bring $1 bread, it can demonstrate again that in the long run the most productive economy is a free economy...

Author: /time Magazine | Title: THE NATION: Out of the Woods Again | 3/23/1953 | See Source »

Rather than incur these costs, students often neglect the examination and squint their way through to summer vacation where costs may be transferred to the family rather than college budget. While hesitancy may show financial acumen, it can wreak havoc with the eyes...

Author: NO WRITER ATTRIBUTED | Title: Blind Spot | 11/24/1952 | See Source »

This Way Out. In Taipei, Formosa, the Hotel Owners' Association issued a public statement: "If there is any reason why you must end your life, it's always better to do 'so outside hotels. Suicides in hotels not only incur the managements considerable expense but also cause them great mental distress...

Author: /time Magazine | Title: Miscellany, Oct. 6, 1952 | 10/6/1952 | See Source »

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