Word: soarings
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Dates: during 1940-1949
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...keep down costs and turn out more goods. The Treasury's proposed 55% normal-plus-surtax rate (on corporations with more than $25,000 incomes) was hammered down to 45% in the House, down to the Senate's 40% in the final draft. Excess-profits tax rates soar up to 90% but the conference adopted the Senate proposal providing that no more than 80% of any company's net income shall be taken by taxes. For companies with low pre-war earnings and extra-fat current profits this means a real saving over the top 1942 rates...
...foul and squally, the birds of the R.A.F. continued to soar back and forth across the Channel. Night after night, R.A.F. crews flew to Germany, dropped their bombs on the Ruhr...
Silent Flight. Somewhere above 1,000 ft., gliders are turned loose to soar, dropping a wing to lose altitude quickly, gliding downward to gain speed (which may reach 90 m.p.h.), or "picking up a thermal" to rise. Sometimes they even fly in formation. Another man-made addition to flight skill is the complete loop-the-loop, as exciting in a glider as in the oldtime barnstormers' crates. (Two pilots practicing a dog fight at Twentynine Palms -not a usual glider function -crashed and were killed when their wings touched.) A glider pilot, landing, keeps his plane balancing...
...force the U.S. to use more silver at the over-inflated legal price of 71.11? per oz. (see p. 73), came up with a new gag last week: a silver "one-bit" piece, worth 12½?. The reason they gave was the alleged "danger" that dime-priced articles might soar to 15? for lack of an intermediate coin. Despite the "danger," the Treasury, mindful that eight billion pennies are in circulation, kept cool...
...year. Loaded at Houston or Corpus Christi, the barges now thread their way through the shallows and marshes of the Gulf Coast to the Mississippi. After April 1, when an intracoastal canal through these waters will be opened all the way to Corpus Christi, barge loadings are expected to soar still more...