Word: standpoints
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McAdoo's Mistake. From the U. S. Treasury's standpoint, the excess-profits tax of 1918 was a howling success. Together with the less lucrative war-profits tax, it raised $2,505,566,000 in its first year, was the Treasury's all-time-record money raiser. But it was one of the most unpopular taxes levied in the U. S. since the Boston Tea Party. Years later William Gibbs McAdoo, whose job was to collect it, wrote: "The unpopularity of the bill . . . was undoubtedly the most potent factor in the defeat of the Democrats...
...meaning its preferred stock] and dons a strait jacket of shortly-maturing secured debt deserves and should expect searching examination into the justification for its policy." Eicher's dissent overlooked the fact that Atlas sits on both sides of the table in Ogden Corp.; that, from a practical standpoint, the deal is largely bookkeeping. But he was cleaving to an abstract principle-the evils of debt-that the rest of SEC has trumpeted in the past, will doubtless trumpet again in other, less peculiar cases in the future...
...mistake. The records are good, all electrically recorded with the exception of a rather suspicious-sounding Tschaikowsky "Nuboracker Suite." As a matter of fact, but for slightly higher surface noise and a little less high frequency, the records are almost as good as their Red Seal counterparts. From the standpoint of the record buyer, this is the best thing that has happened since electrical recording. It means good classical cheaply priced--a triumph of modern production method...
...afternoon's rowing was very satisfactory from Harvard's point of view, because it showed that the Crimson is once more doing well for itself even though it did start late in the season. It was a success from the spectator's standpoint, too, because the races were close and fast over the placid Henley course...
...committee believes," the statement added, "that a two-year course in the Humanities, with lectures supple- menting careful readings of the most important 'great books' and a well-developed conference or seminar system, would escape the evils of superficiality." It would benefit by not approaching complicated problems "from the standpoint of a single limited discipline...