Word: prime
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Dates: during 1930-1939
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...Great Depression of 1929 caused men to doubt the merit of all Andrew Mellon's fiscal works and most of all his tax policy in which the reduction of high surtaxes on big incomes was a prime tenet. To the Mellon mind taxation was simply a device for raising revenue. As a businessman he knew it unwise to charge more than the traffic would bear and it was his theory that high surtaxes reduce revenue by driving capital to take refuge in tax-exempt bonds and other devices for avoiding taxes...
Yonai. Smack next to the Prime Minister of Japan on such dress-shirt occasions as the formal opening of Parliament, sit the Minister of the Navy and the Minister of War. Other Cabinet officers form no more than a decorative background of gold lace. Since last February Japan's Navy Minister has been Admiral Mitsuniasa Yonai, or more formally Yoniuchi-a descendant of the samurai, member of the blue-blooded Satsuma clan and grandson of the extremely wealthy Baron Kentaro Okuma, developer of the South Manchuria Railway...
...suggesting that Britons voluntarily contribute 20% of their capital wealth to the Government to help it out of its post-War hole. The letter was signed F. S. T. but few Britons figured out that the author was the then Financial Secretary to the Treasury, Stanley Baldwin, more recently Prime Minister, today a venerable, bumbling peer...
...lost a tidy little cache of guns. On the far northern front without unnecessary' talk, three Rightists divisions-the central one 100% Italian-were closing on Santander. This week with a backing of heavy artillery they swept through Reinosa 40 miles to the southwest-the Basques' prime arms manufacturing centre in Santander Province and a prize rich in zinc mines, lignite, lead, oil-sent packing the Leftists as they tried spunkily to stave off the tide with a house-to-house defense. Meantime in the Soncillo region due east of Reinosa thousands of tons of Rightist bombs lashed...
...Prime mover of Chicago's Charter Jubilee Art Show is flag-waving Chauncey McCormick, longtime vice president of Chicago's Art Institute, art impresario of the Century of Progress Exposition, grandnephew of the primordial Cyrus Hall McCormick. Chauncey McCormick who made his maiden political speech (''Save America") in the summer of 1935, is much more tolerant of radicalism in art than of radicalism in politics. When Mrs. Herbert Hoover was caught in a torrential rainstorm after inspecting the Century of Progress art show, gallant Mr. McCormick shooed a traffic officer from his corner to find...