Word: reformations
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Dates: during 1930-1939
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...fact that sooner or later the New Deal was going to run greedy fingers into their pants' pockets and pick out more of the money they had been saving for their heirs. In June President Roosevelt formally initiated this operation by proposing to Congress his taxation-for-social-reform program. Thereafter even the dullest and most irresponsible millionaire could see that, unless he started passing on his capital under the present estate and gift taxes, his heirs would get considerably less than he intended under the revenue rates soon to be enacted by Congress. How many wealthy taxpayers began...
Although the U. S. Senate almost passed a social reform tax bill in late June, although Franklin Roosevelt ordered Congress to stay in Washington as long as was necessary to pass that important measure, although the House Ways & Means Committee three weeks ago completed its tax hearings, not until last week did Congress & country get a first look at the contentious tax rates. After a month's ado about nothing the Ways & Means Committee finally emerged from a brown study with something specific to talk about. It proposed the following...
Such was the verbatim answer not of one vindictive ex-wife but of no less than 270, during the three years that indignant Executive Secretary Jack Anthony of the Alimony Reform League of New York State has been prying into the psychology of women who have their onetime mates jailed for nonpayment of alimony. Lately Dr. Lewis Madison Terman, distinguished Stanford University psychologist, after tabulating the results of a questionnaire, described the typical divorced woman as lacking "sweet femininity" but possessing "rugged strength, self-sufficiency and detached tolerance" (TIME, June 24). But Dr. Terman had no evidence that...
...year past the men whom President Roosevelt picked to administer what well may prove to be his most enduring reform have brought under their supervision every important stock exchange in the land. They have assumed control of new corporate issues, previously handled by the Federal Trade Commission. They have registered virtually all listed corporations and made a matter of public record the salaries, bonuses and stockholdings of their officials. They have launched an investigation of protective committees. They have secured injunctions, issued stop-orders and published hundreds of rules & regulations which for all practical purposes are laws of the land...
Money, Old & New. Most conspicuous result of Chairman Kennedy's prime policy of blending the high spirit of reform with the realism of the market place was his famed new registration form for old-line companies. After consultation with practicing lawyers and accountants, it was promulgated last winter, promptly released a flood of corporate financing that is still rising (TIME, March 13). Commenting on this simplified form, Accounting Review declared: "The SEC has in one month set effective and, on the whole, reasonable standards for the [accounting] profession which years of futile committee work within professional societies have...