Word: limiteds
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Dates: during 1940-1949
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More. & more people agreed with Bodin until states became so strong that citizens began to limit state powers by bills of rights and, more recently, to attempt to modify sovereignty by international organization...
...this was in preferred stock). The rest came from accumulated profits, loans, or new bond issues. The 1948 rate of investment in new stock issues is even lower. But industry cannot go on financing expansion out of past profits ("now almost completely committed") or borrowing ("an already visible limit...
What had dried up the money market? Price thought he knew: double taxation of dividends and high income taxes which made stocks no longer worth the risk or left stockholders little cash to invest. Price's solution: wipe out the double tax on dividends, limit personal income taxes to a maximum of 50%. Said Price: "We need an incentive program for the forgotten man-the stockholder ... If he is to risk his capital he must be given a wage increase...
...ordinance, passed last week by the Cambridge City Council, will enable the city police to nab all violaters of the nickel-every-hour and one-hour-limit rules...
...which methods of communication are such that bad news from every quarter pounds upon our sensibilities almost hourly, we must doggedly determine to limit to a bare minimum the acceptance of hearsay evidence...