Word: limiteds
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Dates: during 1940-1949
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...highest taxes in history: a limit on individual incomes to $25,000 a year (after taxes); a draining away of business profits to the "utmost limit consistent with continued production...
...smelters who hold no priorities, almost any kind of steel scrap is worth almost any price. No. 1 bootleg method is to "upgrade" a load of low-grade scrap with a thin top layer of good scrap, sell the whole thing at the top limit for good stuff, exchange winks with the buyer...
These are just a sample of the headaches OPA will get when it starts enforcing overall price ceilings and rationing more goods. OPA will get tougher, ride the limit on penalties ($10,000 fine and/or a year in jail). But bootlegging will still flourish, until U.S. excess purchasing power is sopped up at the source: with stiffer taxes, forced savings, credit controls. A fiscal problem needs a fiscal solution, or it is not solved...
...line with the general trend toward reduction followed by the Eli publications, the Dramatic Association will limit itself to one one-act play this summer, while the Political Union and the debating teams will resort to more informal discussions, with perhaps one formal debate toward the end of the season...
...full cooperation with the armed forces and Bingham's previously-stated stand of asking for a suspension of the agreement if a game was requested. The portion of the agreement prohibiting football practice before September 1 has already been lifted for the duration, but those sections formed to limit schedules to eight games and to prevent the season from beginning before the first Saturday in October still stand...