Word: maximum
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Dates: during 1920-1929
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...other universities, is established for the purpose of training men to defend their country against external aggression. No better security for peace could be devised today than a nation of a hundred millions following peaceful pursuits but ready to take up arms if necessary and defend itself with the maximum of efficiency and the minimum of cost in lives and dollars. The Military Science department teaches preparedness, not militarism, and in this doctrine it has had the support of Presidents Roosevelt, Wilson, and Harding...
...organized attempt at broadcasting programs from England to the U. S. last week was only a partial success, apparently because of atmospheric interference. Eight high-powered British stations (at London, Newcastle, Manchester, Birmingham, Bournemouth, Cardiff, Glasgow, Aberdeen) were linked up by telephone into a "super-radio" system having a maximum energy of twelve kilowatts, operated from the Hotel Savoy, London, A program of band music and a speech by Senator Guglielmo Marconi was broadcasted. But very few Americans, amateurs or professionals, were able to receive the English program at all, and of the scattered few who did, in New York...
...with the tax reduction bill in the House of Representatives. The regular Republicans wanted 25% maximum surtaxes, the Democrats wanted 44% surtaxes and the radicals wanted 50% surtaxes. So Representative Longworth mixed a compromise with 37½% surtaxes. Nobody wanted surtaxes like that, but they had to agree if there was to be porridge. So on the final vote, everybody shouted "Yes" and the bill was passed...
Summary of changes: 43½% is the maximum rate; addition of a gift tax; reduction of normal income rates below the Mellon plan; increase in inheritance rates; changes, not expected by the Treasury, in the excise taxes...
...English system bears the same relation to the American that the Old World intensive agriculture bears to the large-scale surface cultivation still typical of American farming. In the former case, a small area is carefully tilled, and studied, in order to raise the maximum produce which its natural fertility makes possible. In the latter, whole-sale methods are applied to vast territories, and a fair yield is ordinarily obtained, which rarely represents the full return of which the land is capable...