Word: paychecks
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...Nelson did not say that it would happen. He merely said that it may happen. The newspapers buried his words on an inside page. The Average Citizen, his breath dubious, dandruff scales on his shoulders, his feet hurting, his son in the Army, his paycheck riddled by taxes, charities and higher prices, his dinner cold and leftover because his wife was out British-Bundling or Red-Crossing, picked up his newspaper, mechanically noted that, as usual, things would soon be worse, and turned to the football scores...
...steady, pleasant, strongwilled, plodding, articulate. He lives simply, unconscious of money. Long ago he donated the gold from his teeth to China war funds. He still delivers his paycheck -unopened-to his 80-year-old mother. He denies his reputation for being able to drink like a Cossack, says he has been drunk only three times (once he drew a blank, once he dimly remembers he downed two quarts of whiskey on a train in Poland, once he got drunk to help survive a Chinese feast of 100 courses), and insists that he drinks only "to celebrate a past event...
...council assembled last week, the Fathers of the busted City of Brotherly Love adopted a desperate measure. They levied a flat 1½% income tax on all wages or salaries earned in the city.-Beginning next Jan. 1, everybody's paycheck may be clipped-whether they are bankers, WPA-sters, or suburbanites who live elsewhere but work in Philadelphia. Only ones sure of exemption are corporations, which already pay a State levy and cannot be doubly taxed. A few unions squawked that employers would have to up wages 1½%. But the mass of citizens sleepily accepted the fact...
...rush, stamp sales noticeably slackened, and Relief officials concluded that many of their clients would require much "education" before they would give up regular money for pretty pieces of paper. One in four of Rochester's WPAsters volunteered to accept stamps in lieu of part of their next paycheck...
With this quotation from George Crabbe, Economist Dickson H. Leavens prefaces a chapter of "summary and conclusions" in Silver Money, a comprehensive book published last week.* A white-fringed Yaleman of 52, Author Leavens first got interested in silver when he was teaching in Changsha, China, found that his paycheck fluctuated constantly. Today an acknowledged authority, he is employed by the Cowles Commission for Research in Economics, a Colorado Springs nonprofit organization set up in 1932 by Alfred Cowles...