Word: supporting
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Dates: during 1950-1959
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With bipartisan support behind him, Smathers last week breached the Administration's previously undentable no-tax-cut line. By sturdy majorities, the Senate nailed the Smathers amendments to the House-passed Administration bill to extend for another year, at present rates, the corporation and excise taxes scheduled to shrink on July 1. But that was all the tax trimming the Senate did. It voted down a flurry of tax-cut proposals, passed the Smathers-nicked Administration bill with nary an audible nay. Ahead this week: a House-Senate conference to decide whether the House, which approved a hold...
Since Kishi became premier a year ago. Sato has been giving him support, explaining that "to be a successful politician one must always be with the main current." His appointment last week caused the stock of Mitsubishi, one of Japan's monster combines, to rise. Sato has such close contacts with Japanese big business and such a private information service that his nickname is "Hayamimi' (Fast Ears...
...reshaping policy after the warning-laden Nixon trip, the Puerto Rican advance is a textbook of imaginative lessons. In helping underdeveloped nations, the U.S. could well consider: ¶ A measure of tax forgiveness for corporations operating overseas, advocated by former Treasury Secretary George Humphrey to induce foreign investment. ¶ Support for big common markets-such as the proposed Latin American customs union-that will provide markets such as Puerto Rico has in the U.S. ¶ Official coolness to dictators, who are often corrupt and ultranationalistic. ¶ Greater tolerance for mixed economies in the Puerto Rican style, less insistence on making...
...tables could be placed outside the adjacent theater. At the same time, a group of townsmen dug out a row of medieval shops, now stocked with modern paintings and Italian bric-a-brac. Facelifting and the scheduled productions have cost roughly $250,000, and even with private and foundation support, Menotti is not sure yet whether he will break even...
Interior Secretary Fred Seaton, who got only tepid support from miners for his Domestic Mineral Stabilization Plan (TIME, May 19), last week won more enthusiasm with a new proposal for copper. The new one-year plan calls for Government stockpile purchases of up to 150,000 tons at prices up to 27½? per lb. (v. the present producers' price of 25? per lb.) in addition to the 10,000 tons a month the Government already buys for the stockpile. Western mining-state Congressmen like the stockpiling plan better than the out-and-out subsidy previously suggested, thus...