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...York World-Telegram, Financial Editor Ralph Hendershot wrote: "Granting stock options to officials of corporations is beginning to be almost a habit. . . . The wave of options (other terms are used in many instances) currently being proposed are designed chiefly to avoid income taxes. If salaries are increased for those already drawing down large amounts, the bulk of the increase would be paid in taxes. . . . These companies evidently believe that through these stock options, capital gains can be created, in which event the tax is only...

Author: /time Magazine | Title: Business: How Much Incentive? | 6/5/1944 | See Source »

...reviewed Canadian troops, made no speeches. In 1941, when the Canadians overseas were edgy and impatient under their long inaction, he addressed them and was roundly booed. This time the troops knew that action could not be long delayed. Cabled the suspicious correspondent of the King-hating Toronto Evening Telegram: "C.O.'s had been primed to caution their men . . . to be on their best behavior. . . ." The only grouse heard from the ranks was the not-so-cryptic remark of a hard-bitten private with no love for dress parades: "I wonder if they can read our thoughts...

Author: /time Magazine | Title: Canada at War: THE DOMINION: King Over the Water | 5/29/1944 | See Source »

...that the moderates might regain power. Then he knew that Japanese policy for an indefinite future had been summed up in a Jap statement made at a Dutch shipping conference: "How can we compromise when you refuse to accept our views?" To the State Department he sent one cautionary telegram after another. Ten months before Pearl Harbor, he warned Washington: "There is a lot of talk around town to the effect that the Japanese, in case of a break with the United States, are planning to go all out in a surprise mass attack on Pearl Harbor...

Author: /time Magazine | Title: FOREIGN RELATIONS: Lessons of-History | 5/22/1944 | See Source »

Increased production costs are driving up the price of U.S. newspapers. This week the three Detroit papers (News, Free Press, Times) upped their Sunday editions from 12? to 15?, upped their weekday price to 5?. In New York City last week, the Sun and the World-Telegram went to 5?, made the city's evening papers unanimous...

Author: /time Magazine | Title: The Press: New Prices | 5/22/1944 | See Source »

...York World-Telegram was mighty pleased with itself last week. For six months it had belabored Cornell University for loading its Russian faculty with Communists and fellow travelers, ignoring all anti-Communist experts on Russia (TIME, Jan. 10). Now Cornell had announced that its 1944 summer-session faculty would include a longtime resident of Russia and notably scholarly antiCommunist, William Henry Chamberlin (Soviet Russia, Russia's Iron Age, etc.). Said the World-Telegram...

Author: /time Magazine | Title: Education: Results | 5/8/1944 | See Source »

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