Word: normalization
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Dates: during 1930-1939
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...passed doubled up taxation worse than ever, not only retained the old corporate taxes virtually in full but also abolished the normal tax exemption (4%) which individuals could claim in regard to dividends. It allowed no exemption from the undistributed profits tax on any portion however small of a corporation's profits retained for reserves, set the tax on undistributed profits on a scale ranging from 7% to 27%. Chief terms...
...Normal tax on corporations' net income: 8% on the first $2,000, 11% on the next $13,000; 13% on the next $25,000; 15% on all over...
...about twice as big as its nearest competitor, E. Ingraham Co. of Bristol, Conn., makers of Ingersoll watches. Other big clockmakers are New Haven Clock Co., Waterbury Clock Co. and Warren-Telechron, which is now a General Electric subsidiary. Waterbury makes electric clocks for Westinghouse. In a normal year the clock industry sells $35,000,000 worth of time instruments. but "normal" is now only a sweet memory. In 1932 the figure was down to approximately $13,000,000. Last year it was around $25,000,000. With business at that level GTI was able to make...
...long academic route and manifests itself at once in the friendly twinkle of his eye, emerged shortly after the Chinese interlude. At the University of Michigan, "Jim" Angell learned to strike a discreet mean between the propriety expected of the president's son, the humanity expected of a normal undergraduate. He became a Phi Beta Kappa and a Delta Kappa Epsilon almost simultaneously. He shortstopped for the baseball team and won the University and State tennis championships. He played a clarinet in the University band and fell in love with (and later married) Student Marion Isabel Watrous...
...familiar. I began to lose the confusing diplopia. ... As I saw other signs of improvement in my co-ordinate movements, I began to have hope. In about 16 months after the onset, mental confusion had almost disappeared as had dizziness; coordination of the arm and hand are about normal, although my writing is yet a little jerky...