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...Senate subcommittee's sudden endorsement of Beardsley Ruml's common-sense plan spelled the end of a fancy retouching job that Treasury's Taxpert Randolph Paul proposed: that relief from taxes due on 1941 incomes be granted only on low-income taxes, leaving high bracketeers with the excellent possibility of owing two years' taxes to be paid from one year's income. If the House still wants a withholding tax, whereby employers deduct tax payments before the pay checks go out, the Ruml plan will make that easier too: there will then be no problem...

Author: /time Magazine | Title: TAXES: Pay As You Earn | 8/31/1942 | See Source »

...RANDOLPH RAVEN...

Author: /time Magazine | Title: Letters, Aug. 17, 1942 | 8/17/1942 | See Source »

...behind them came a bargain-counter rush in medieval halberds and maces, paneled Tudor interiors, stained-glass windows, Louis XIV chairs, a heterogeneous collection of like knickknacks. The flush market was fed by the breaking up of such huge, tax-harried U.S. estates and collections as those of William Randolph Hearst, Harry Payne Whitney, Mrs. Christian R. Holmes...

Author: /time Magazine | Title: Art: Boom In Old Masters | 8/17/1942 | See Source »

Last week the Spaniard was bidding for the year's prize white elephant, William Randolph Hearst's $500,000 dismantled Spanish monastery. Marked down to a mere $19,000, it involved an important joker: the buyer must cart it away. Even to a nearby site, the freight would run into big money...

Author: /time Magazine | Title: Art: Boom In Old Masters | 8/17/1942 | See Source »

...World War I, he commanded the School of Military Aeronautics at Austin, Tex., and later the Randolph Field Air Corps Training Center. A tour as assistant chief of the Air Corps and chief of the training and operations division in 1939-40 prepared him for his present post...

Author: /time Magazine | Title: AIR: Here Come the Pilots | 8/17/1942 | See Source »

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