Word: lowe
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Dates: during 1940-1949
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...overalls. He hates him for daring to ask for better conditions and higher pay. This is the same Hoffman who has voted against every relief bill since 1936, who was one of the 33 House members to vote against the Social Security Act, who has fought against slum clearance, low cost housing, and minimum wages for underpaid American workers...
...Congressmen, who face an election in the fall, the job of sluicing over half this income through Government channels was not only new but terrifying. It was especially terrifying to those who realized that the main cost of this war must be borne by the vote-potent low-income groups. Reasons...
...Only the medium and low-income groups have enough money to pay for it. Even in 1940, when there were only 7,000,000 income-taxpayers instead of 11,000,000, individuals with incomes of less than $5,000 had more than half ($14.5-billions) of total net income reported, though they paid only...
...annually, nearly three times average 1937-41 sales. As a starter, it spent at least $60,000,000 of its own cash last year for new plants, new machinery, more inventory. Consequently, its year-end cash was only $69,000,000-a four-year low, and a reason for Chrysler's recent dividend...
Separation wages are merely the latest front on which Sam Ferguson, 68, implements his faith in progressive private enterprise. A pioneer in low utility rates, power pools, the mercury turbine, many another social and technological change, he is a Yankee individualist who also knows what year it is. Last month he told his stock holders that Hartford Electric Light Co. would have a new policy for the duration : "to increase the amount of earnings to be converted into taxes." That meant fewer reserves, no additions to surplus. But not even unorthodox Sam Ferguson wants to go broke paying taxes...