Word: refunded
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Dates: during 1930-1939
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...watching every filling station and patrol ling borders for gas bootleggers). And the Federal Government can better collect income taxes because wealthy men cannot move out of a district where the local rate is high. Hence there was considerable sentiment that the Federal Government should collect such taxes, and refund at least part to the states, just as some states collect income taxes and refund part to local governments. Yet state tax officials are inclined to oppose such a scheme be cause it would give the Federal Government still more power over them. Other Topics last week on the minds...
...Brooks Co.) ; suddenly, of heart disease; in Manhattan, which he was visiting on business. Taken to the prairies as a child during the Civil War, he started in business with 3,000 borrowed dollars, eventually ruled a $100,000,000 empire that included banks, power, telephones, railroads. Unable to refund a bond issue in 1931, tall, tough President Backus lost control. Last January he fiercely started a comeback in the form of a suit to dismiss his receivers for mismanagement (TIME...
...over to its private manufacturer to make, say, 50 copies to sell at $69.50. The store is at liberty to advertise its 50 dresses as copies of Chanel or Schiaparelli or whatnot. Then the original dress is shipped back to Paris and the department store gets a refund on its customs. In Paris the soiled model is peddled to some small back-street dress shop which sells it sometimes for as little...
When the U. S. Supreme Court ordered Illinois Bell Telephone Co. to refund $20,700,000 to its coin-box subscribers last April, the historic Chicago rate case was by no means closed. Gathering dust in the company's files were no less than 45,000,000 collection records-115 tons of them-which had to be recalculated. Some 1,900 clerks will labor at this mighty bookkeeping for three years. More than 1,000,000 checks have to be made out, signed and mailed. And not until last week did Federal judges in Chicago...
...company, wrote the Chief Justice, "repels the suggestion that during all these years it was suffering from confiscatory rates. . . . Elaborate calculations which are at war with realities are of no avail. . . . Proving too much, they fail of the intended effect." The Court ordered the injunction dissolved, the company to refund to telephone subscribers a total of nearly $20,000,000 approximately the company's entire surplus and more than twice the cash & securities in its treasury at year...