Word: repeals
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Dates: during 1960-1969
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...British are preparing to remove from the nation's statute books most of what remains of the great charter. Under a proposed statute repeal bill, some 200 British laws that are "no longer of practical utility" are likely to be scrapped soon by Parliament, including one "prohibiting common night walkers in the universities." More significant, all but two of the remaining twelve provisions of Magna Carta are also to be struck from the books...
...person except her husband." Another proclaimed: "If anyone who has borrowed a sum of money from Jews dies before the debt has been repaid, his heir shall pay no interest on the debt for so long as he remains under age." The legislation introduced in Parliament will repeal ten other clauses that have either gone unenforced in recent years or have been superseded by new laws. Among them is one that ordered the removal of all weirs (dams) from the Thames and other rivers, and a second that restricts the King's right to seize the lands of debtors...
...Administration last week offered Congress a three-point initial package to moderate the economy's pace. The plan would repeal the 7% investment credit for business expansion. It also provides for the retention of existing excise taxes on telephones and automobiles. Most important, the Administration would continue the 10% income tax surcharge for six months and then halve it for the following six months. Treasury Secretary David Kennedy said: "This will do the job." House Ways and Means Chairman Wilbur Mills, who feels that Nixon's economy efforts to date have lacked conviction and impact, argued that...
Without question, repeal of the tax credit will crimp the profits of companies in capital-intensive industries. On Wall Street, which generally shrugged off the tax announcement, that prospect depressed stock prices among construction firms, computer-leasing companies, steelmakers and airlines which are in the midst of a costly modernization program. Some small and medium-sized firms may well choose to curtail their factory expansion. At General Motors, the tax credit amounted to $39 million last year, or nearly 4% of its profits. But G.M. does not plan to cut back on its $1.1 billion spending program (up 28% from...
...years ago, Calkins led another crusade. He headed a drive to repeal an 18-year-old loyalty oath that Cleveland had required of all its school employees...