Word: normalization
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Dates: during 1930-1939
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...Finance Committee was in a mood to rewrite the House tax schedules to raise $220,000,000 to finance public works borrowings of $3,300,000,000. Harkening to the public outcry against an increase in the normal tax rates, Chairman Harrison proposed a substitute which the committee gladly accepted. The substitute: 1) a 1/10; of 1% tax on the capital worth of corporations; * 2) a 5% tax on corporate dividends withheld at the source of payment; 3) a ½? per gal. added gasoline tax. Chairman Harrison figured his tax plan would raise $7,000,000 more than the required...
...particularly severe official tests has demonstrated its qualities of precision and resistance. Thanks to the qualities of these various materials and to the reputation they have won in nearly all countries, Hotchkiss has been able to register sufficient orders to kep its factories in activity and maintain the normal staff of workers...
...Rich Publisher Roy Howard, who certainly pays no more income tax than experts assure him the law requires, was in the Far East while his paper thus distorted the normal working of the capital profit & loss section of the income...
...general "average" picture of Morgan's banking business in "normal times," this will serve: $400,000,000 in deposits, $100,000,000 in cash and call loans, $150,000,000 in U. S. bonds, $50,000,000 in municipals and other bonds, the rest in loans and stocks. From the profit in the difference between say 1% paid on deposits and say 3% earned, deduct clerical expenses and overhead (less than for most banks because there are few small transactions) and add brokerage commissions. There is Morgan & Co.'s "straight banking" and brokerage profit, probably...
...Normal School and meets a new friend, Jallez. Gurau dines with Sammecaud, one of the oil barons, who tries to persuade him not to deliver his speech. Quinette finds out more & more about the murderer Leheudry. He gets himself so involved in Leheudry's affairs that finally murder is the only...