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Word: paragraphing (lookup in dictionary) (lookup stats)
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...Paragraph 2, you mention "... tax-exempt foundations and charitable trusts which hold title to most of the property in Little's $60-million textile empire." Only two of Textron's 26 plants are owned by tax-exempt foundations or trusts, and one of those is the Tobey-sponsored Nashua-New Hampshire Foundation...

Author: /time Magazine | Title: Letters, Apr. 11, 1949 | 4/11/1949 | See Source »

...Paragraph 7, you state that the various "fiscal manipulations" of the trusts ". . . gave Textron an unfair advantage over taxpaying corporations." Textron is, of course, not tax free. In fact, as a result, in part, of the financial transactions referred to by you, Textron was able to increase its sales and therefore its taxes, enormously. In 1940, Textron paid less than $60,000 in taxes; in 1947, more than $6,000,000 in state and federal income taxes...

Author: /time Magazine | Title: Letters, Apr. 11, 1949 | 4/11/1949 | See Source »

...sweep his room, and he had given up his two daily 30-minute strolls in the prison yard. Though the prison director allowed him a radio, Petain seldom turned it on. But he still clung to his firm resolve to let posterity judge him on his record. The last paragraph in his will explained why he had never written his memoirs. Wrote Petain (according to his lawyer): "I would have had to praise myself and say unpleasant things about others...

Author: /time Magazine | Title: FRANCE: Of Trees & Flowers | 4/11/1949 | See Source »

...show what he meant, Mirror Editor Lait clutched his readers by the throat in the first paragraph of a spicy divorce story...

Author: /time Magazine | Title: The Press: Back to Abnormal | 2/28/1949 | See Source »

...himself and specifically not for LIFE) had asserted that the President was preparing to swing away from the For-restal-Marshall-Lovett-Vandenberg policy to a softer policy toward the Russians. That article, said Truman sharply, is absolutely without foundation, in fact, in nearly every instance and every paragraph...

Author: /time Magazine | Title: The Presidency: The New Secretary | 1/17/1949 | See Source »

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