Word: lapse
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But the world's swiftest sprint swimmer lost in the National A.A.U. Indoor championships. In the 100-yd. freestyle, record-smashing Columbia Midshipman Alan Ford (TIME, Feb. 26) tried hard to shake off lean-jawed Specialist 2/C Wally Ris, onetime mechanical engineering student at the University of Illinois. He...
It was his first appearance there in 26 months. The gallery was packed. Ranking diplomats were there and Administration bigwigs; in front-row gallery seats sat Eleanor Roosevelt and Daughter Anna, notepaper in hand. The floor, too, was filled: Representatives (some holding youngsters in their laps), Senators and all the...
In the afternoon fifteen hundred gathered for the funeral. There was room for only 250 inside the mortuary. Mrs. Willkie sat beside her son, Philip, a Navy lieutenant rushed back from convoy duty in the Atlantic for his father's funeral. Loud speakers were set up outside, and people...
He started smoothly with a reference to the "mess that was dumped into our laps in 1933," and then got down to cases. His first attack was on those Republicans, who, he said, "suddenly discover" every four years, just before Election Day, that they love labor-after having attacked labor...
In effect, Section 722 specifies the means by which a corporation can modify its prewar, four-year excess profits base on which the tax is estimated. Thus, since the top bracket is 90%, even a slight upward revision of the average base would mean an enormous rebate. To make sure...