Word: loss
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Dates: during 1940-1949
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...Ammi Cutter, who outlined this plan, stated, "There is a strikingly bad loss record shown by cars operated by persons under 25. Their losses are twice as high as those of any other group...
Sitting behind me Saturday was a particularly raneous grandstand quarterback. He knew little about the rules of football and still loss about the Harvard team he was presumably rooting for. But that didn't stop him from criticizing both players and coaches freely...
This proposal was almost impossible for McCloy to swallow, for Germany's coal is sold abroad for dollars, and under the French scheme Germany's loss of dollars would be large. As the all-day, all-night session went on, tempers fired up and threats emerged. McCloy threatened to use the U.S.'s veto on economic matters, which he is given by the High Commission Charter. François-Poncet threatened in turn to take the dispute back to his government...
Probable outcome: coal export prices would stay the same; the U.S. would make up Germany's dollar loss. Possible outcome: the three powers would learn that the tutelage of Germany required foresight and cohesion, that the job could never be done by high commissioners pulled this way and that by narrow considerations of advantage to their nations. If that lesson was not learned, the only gainer from the Bonn experiment would be the absent Russian General Chuikov...
...income, and later deduct 27½% of their annual gross from the well, as "depletion." Moreover, they could sell the well later and pay only a long-term capital gains (25%) tax on the profit. If the well was dry, they could write off the whole cost as a loss, thus cut down taxable income. Though many a hopeful had hit nothing but sand and salt, from Texas to Utah last week a handful of luckier stars had struck it rich...