Word: summing
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Dates: during 1920-1929
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...that the enterprise would be a failure and left the project strictly alone, although saying nothing. Mr. Pettey did not know Mr. Wilson, had never met him, but once (as a stenographer) had taken down a speech he made. Promoter Lowell had never even seen Woodrow Wilson. How the sum of $5,500,000 was fixed upon and exactly how it was to be spent were points the two promoters did not make clear, except that they felt sure there was to be a university. It does not, however, appear that they planned to do anything dishonest...
...French domestic debt. Specific provisions: 1) A head tax of 20 francs (80c) a year on everyone in France. 2) A tax on all "real property" amounting in general to one and a half times the income derived from it in 1925, and payable either in a lump sum or in installments over 14 years. 3) A tax on all business, amounting to one-half the average yearly profits for the past three years, and payable in 14 yearly installments. 4) A tax upon all securities* and investments, providing that for 14 years 15% of their yield shall be paid...
...gushing forth at a rate which pours $100,000 a month into the University's treasury. It is thought that the yield may shortly exceed $1,000,000 a year. The Attorney General of Texas has ruled that this money need not be hoarded as a principal sum from which only interest can be drawn, but "may be spent currently to expand the University of Texas...
...recent record breaking dealings on the Exchange. And it is confidently expected that each of the new seats can be disposed of at the record price of $135,000, paid for a membership sold a fortnight ago. This would give the Exchange $3,375,000 new working capital; a sum which the Governors probably feel they would have difficulty in realizing at a moment less opportune than the present...
These rates are not so high as the rates of The Ladies' Home Journal, which charges $9,000 for a black and white page. Yet if one goes through a copy of the Post, reckoning up the gross advertising, it comes to a most soul-satisfying sum. Of course, all this money does not go into the profits of The Curtis Publishing Co. or of Cyrus Hermann Kotzschmar Curtis. The cost of printing two and a third million copies of an advertisement is an item, and the cost of the paper for the same number of repetitions is another...