Word: itemization
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Dates: during 1960-1969
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...matter of fact, the classical argument in favor of Free Trade is that it helps conserve man-power resources. It is supposed to operate so that the country best suited to producing a given item spends its time producing it, not uselessly turning out items to which other countries are better suited. What is called an efficient allocation of resources results; waste of labor or whatever other resource you want to conserve will be minimized...
Faine also suggested that performers receive the same fast tax write-offs given to oil wells because their talent is "a nonreplacable item that is depleted rapidly." Unemployment insurance should be extended to artists working for non-profit organizations, Faine added...
...sleek item in the Sixth International Automobile Show, which opened in Manhattan's Coliseum last week, was turned back by its original purchaser because it gave him cold feet. A politician had ordered the grey, four-passenger Fiat 2300 coupe as last year's Christmas present to his wife, then canceled the order when he remembered the number of voters in Detroit...
Under the revised draft, officers will be reelected annually rather than serving until their graduations. To assure that the executive committee does not control RGA, the requests of only three members of the Legislature will be sufficient to have an item included on the agenda. The senior class president will be a member of the Legislature. Approval of two-thirds of the voters will be required to amend the constitution...
...acceptable item on the new fashion list is the white linen suit, just brought back from years in the closet. White linen, as survivers of the British raj can tell you, is that unique frabric which unites comfort and elegance: it keeps you cool, and it retains its shape...