Word: royals
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Dates: during 1940-1949
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...like America ... A general air of nervousness, cheapness and corruption") to go back to Fascist Italy, waited until 35 minutes before curtain time in London, then canceled a concert because of laryngitis. The crowd of 8,000 disappointed music lovers milled around the locked doors of Royal Albert Hall, jamming traffic for almost an hour before an extra force of bobbies could persuade them to go home...
Roth, from 1936 to 1938 president of the Jewish Historical Society of England, is now a Fellow of the Royal Historical Society...
Ever since Textron Inc. decided to close its Nashua, N.H. plants and wipe out 3,500 jobs (TIME, Sept. 27), New Hampshire's excitable Republican Senator Charles W. Tobey had been gunning for Textron's President Royal Little...
...Royal Little had set up six such trusts. Part of their tax-free income, which had totaled nearly $10 million, had been used to finance Textron's expansion. The trusts had paid out very little to their beneficiaries. Example: the Rhode Island Charities Trust had taken in $4,500,000, paid out $85,000 to its beneficiary (the Providence Community Chest). But it had paid out $140,000 to its trustees and banker...
Tobey had also stumbled across a major mystery. In 1947 the Commissioner of Internal Revenue had removed the tax exemption from three of Royal Little's trusts, ordered them to file tax returns on all past incomes. The trusts had not done so, said Tobey, and Internal Revenue had taken no further action. Asked Tobey: "How come...