Word: loom
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...There are certainly those with strong feelings about taxation, military spending and foreign aid, but save in special areas-such speculation centers and market places as Peoria and Minneapolis or in the Coeur d'Alene mining towns-I found little interest in those subjects which loom as the big issues in Washington. The issue, for instance, of the extension of the excess profits tax was quite often either shrugged off, or given a cold, "Well, what is an excess profits tax, after all? It's a tax on profits that are too big. What's wrong with...
...minor headache compared to the big squeeze that lies beyond, in the fiscal year 1955 (which actually begins July 1, 1954). Despite economies of $13.3 billion in the 1954 budget, the Administration expects to run at least $4 billion in the red. On top of that, tax cuts loom ahead. On Jan. 1, as the laws now stand, excess profits taxes expire and personal income taxes drop 11%; a clutch of excise taxes will end April 1. Estimated revenue loss: more than $8 billion a year. If the Administration is going to come anywhere near balancing the budget, it will...
...characteristics; a bit of both in that, though normally erect in stance, he is happy to drop on all fours and thunder off at a gallop. Australian wool interests hope that the "tropis" will prove to be a dream-come-true-workers who can be trained to operate a loom without benefit of paycheck...
Highway to Hollywood. One advantage of Noyes's traditionalism was that his work quickly became popular. His first collection, The Loom of Years (1902), was welcomed alike by George Meredith and Punch. When he wrote The Phantom Fleet, a poetic plea for a bigger & better British navy, even the Admiralty was roused. "The Navy League made use of it on Trafalgar Day ... and presented me with a walkingstick made of the oak and bronze of Nelson's Victory...
...were not for the personalities and methods of the investigators themselves-Velde, Jenner and McCarthy-the shadow might not loom so large. But the nation's teachers feel they have little reason to trust their accusers, and their attitudes towards the investigators range from resentment to contempt. "For the most part," says Harvard's Mark DeWolfe Howe, "a committee ascertains in a closed hearing the facts it needs to know. Following that, it proceeds to conduct an open meeting, with the realization that the people who kept silent will keep silent and suffer public disgrace." They are, adds...