Word: kink
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Penn State's Ed Moran should dominate the mile, since he has run 4:02.1 to lead the nation's collegians in this event. The Crimson's Jed Fitzgerald could place, however, Moran, with a 1:49.6 to his credit, and teammate Chick Kink, who has done 1:49.8, should finish...
...surprisingly seaworthy. A 67-ft. model was towed out into a full gale and showed no signs of distress, although the tug that towed it had to run for shelter. When making a sharp turn, a Dracone does not swing like a ship; its fabric forms a kink that moves from bow to stern...
...sore point in Canadian-U.S. relations in recent years has been the reluctance of U.S. firms to let Canadian investors buy stock in their profitable Canadian subsidiaries. Largely responsible for the aggravation was a kink in the tax agreements between the two countries. A Canadian subsidiary that was 95% U.S.-owned paid only a 5% tax on the dividends it remitted to the parent company in the U.S. If the proportion of U.S. ownership dropped below 95%, the dividend tax rose to 15%. Rather than have dividend taxes tripled, U.S. companies shied away from selling stock to Canadians...
Last week the U.S. and Canada moved to straighten out the legal kink. U.S. Ambassador Livingston Merchant and Finance Minister Walter Harris signed a treaty in Ottawa lowering the 95% requirement on foreign ownership to 51%. When the treaty is ratified by Parliament and Congress, probably at their next sessions, U.S. firms in Canada will be permitted to sell up to 49% of their stock in the country where they do business and still qualify for the low 5% dividend tax rate. Canadians will then be able-and probably will be urged-to make a tenfold increase in their investment...
Five years ago Grimes got interested in a kink in London's medieval wall near St. Giles Cripplegate Church in the downtown "City" of London. It angled suggestively, as if it were enclosing something about 200 yards square. Grimes selected the site of some blitzed office buildings, dug a trench and found the face of a solid wall made of Kentish ragstone, the Romans' favorite building material. Combined with the kink in the medieval wall, it outlined roughly a square Roman fort...