Word: lowers
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Dates: during 1920-1929
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...This will readjust the surtax rates all along the line, and the Treasury recommends the readjustment, not in order to reduce the revenues, but as a means of saving the productivity of the surtaxes. In the long run it will mean higher rather than lower revenues from the surtaxes. At the outset it may involve a temporary loss in revenue, but the Government estimates that even during the first year, if the revision is made early enough, the net loss in revenue from all the changes in the surtaxes would be only about $100,000,000, and that...
President Coolidge did not make himself responsible for Mr. Mellon's proposal. It is obvious that he will avail himself of the public response in judging what to say to Congress on Dec. 3. If the President believes the public thinks well of lower taxes, the Coolidge war-cry in 1924 may well be: "No bonus, less taxes...
...inquiry or conference be held; these countries replied to Britain accepting the proposal " in principle"; Britain then submitted a draft of the invitation to be addressed to the U. S.; with "slight verbal changes " (by Belgium), Belgium and Italy approved the text of the invitation, but France knocked a lower card out of the house by insisting upon juxtaposing the words "present" and "capacity"; thereby causing the collapse of the whole structure...
...which of course cuts down consumption by spinners of the raw bale cotton. While mills will continue to buy even at present high prices, neither they nor the jobbers and retailers will stock up, in order to avoid being caught with the high-priced goods in a declining market. Lower cotton prices must come, however, mainly through increased production, which has come to be a gamble against the weather and the boll weevil...
...hill and dale firmament is starless, it comprises a wealth of profitable runners. Against M. I. T., for example, the Orange and Black took second, third, fifth, sixth, and seventh places. With such contestants in the field, therefore, it appears that the outcome will probably be decided in the lower places, even though Watters, Cutcheon, and Treadwell may turn in some brilliant performances...