Word: pencilers
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...hear any discussion between Thomas and Butt?" asked Mr. Justice Porter, emphasizing the question with stabs of a yellow pencil...
...Administration at Washington. If given a direct choice at the fall election between good government and bad government, there can be no doubt as to their decision." As the sole Presidential entrant in Pennsylvania's Republican primaries last week, Senator William Edgar Borah received the compliment of a pencil scratch from more than 300,000 voters. Only 20 of the State's 75 convention delegates had pledged themselves in advance to support the popular choice, were last week reported eager to weasel out of their promise...
...intention of maintaining Britain's rights to the waters of the lake. "After all," announced a Foreign Office attache, "Britain's interests in Ethiopia are hydraulic, ours are territorial!" Marshal Badoglio, smiling over the pins in his staff map, was now eager to tackle Haile Selassie himself. Pencil in hand, the Marshal explained: "The Emperor has three choices. To attack, and be defeated; to wait for our attack, and we will win anyway; or to retreat, which is disastrous for an army that lacks means of transport and proper organization for food and munitions...
More reassurance came when men took pencil & paper and found that even a 35% or 40% tax on undivided profits would not in itself burden corporations so much that they would be unable to build up reserves for emergencies. An easy example: a corporation clears $1,000,000 a year. Some $160,000 now goes to the Federal Government in corporation taxes. If $500,000 is declared in dividends $340,000 remains for surplus. Under an undivided profits tax, the corporation might declare the same dividends with the result that it would have to pay 35% on the remaining...
...money which is not so hard to get, and then there is a vast quantity of WPA money which is very easy to get for trifling projects but almost impossible to get for anything worthwhile. . . . It is harder for me to get 5? to buy a lead pencil than to get $1,000 to teach hobbies to CCC boys. . . . At the present time there is a vast flow of silver-I won't say gold-spreading out all over the country like mud. . . . For God's sake put some of it into stone and steel...