Word: montes
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...caught profiteers: "Only one out of every six corporations that earned any income paid an excess profits tax . . . No statistician will ever figure out how many corporations escaped E.P.T. by the simple device of expensing the excess." In the same vein, television's Dr. Allen B. Du Mont, chairman of the National Conference of Growth Companies, warned: "I resent the threat of my Government taking legislative action that will stigmatize [our] profits . . . under a completely false label ... If this fictional . . . legislation goes through I should feel that it would be my duty to myself, my company and its stockholders...
...mountaintops toward Geneva with 40 Pakistani seamen bound for England to man the newly launched freighter Queen City. A monk in the lofty monastery of St. Bernard thought he heard a noise. Two days later the Constellation's wreckage was sighted on the 15,781-foot peak of Mont Blanc by a pilot in a sport plane...
...Mountain Law. In the winter thick snows rest on Mont Blanc so lightly that the vibration of a man's voice can bring them cascading down in lethal tons. It was almost certain that nobody in the plane, even had he survived the crash, could have lived for two days on the mountain. In the valleys below Mont Blanc, however, there is an unwritten law that when a man is lost on the mountain, somebody must go after him. In Chamonix, sharp, energetic little Rene Payot, first Alpinist of France and chief instructor at the army's mountaineering...
Other businessmen, cheered by the election results, were also taking up arms. Television Manufacturer Allen B. Du-Mont gathered representatives of 62 "growth" companies whose profits have doubled between 1946 and 1949, hence would be hardest hit by any tax which regards recent profits as "excessive." Du-Mont's group organized the National Conference of Growth Companies, plugged for a flat levy on earnings instead of an excess profits tax. Barring this, they wanted a tax base which would not penalize their sudden growth...
Glendive, Mont...