Word: thoughts
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Dates: during 1940-1949
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Nevertheless, said Holman, "as members of an industry that provided four-fifths of the private investment made by American interests abroad last year-totaling $1.5 billion-we are disturbed by the worsening of the investment climate in many countries." Holman thought that Point Four was certainly a fine idea-if it could be made to work. So did the U.S. Chamber of Commerce. This week it gave qualified support to the program-provided that the nations receiving the aid sign treaties "assuring fair treatment of American capital...
...Bergson smiled self-consciously, Greenewalt ripped into the department: "We have had on our books for many years the Sherman antitrust law. The Du Pont Company is ... heartily in favor of that law . . . Unfortunately . . . the ideology of enforcement is left to the shifting winds of political thought . . . Business frequently finds itself attacked for acts done many years ago in all good faith and with the best legal advice available...
...Hollywood's mind. Moviedom's tax-bitten stars thought they had found a sure-or almost sure-way out of their troubles in the high tax brackets. If they struck oil, they could deduct 50% to 75% of the drilling expenses from their income, and later deduct 27½% of their annual gross from the well, as "depletion." Moreover, they could sell the well later and pay only a long-term capital gains (25%) tax on the profit. If the well was dry, they could write off the whole cost as a loss, thus cut down taxable income...
Stalin was the one important Bolshevik who was not an intellectual, a fact which seems to have filled him with poisonous envy. The other leaders had reputations as brilliant writers and orators, he began as a clumsy writer and tepid speaker. But he thought of himself as a man of the people (his parents had been serfs) and a practical organizer who would transform the intellectuals' fantasies into reality. He concentrated on building a personal political machine-first in the underground and then in the Soviet state. In the end, he liquidated the intellectuals. Deutscher sees this...
...Offense. In Warren, Ohio, John Markovich, who had made a shambles of the Veterans Administration office by scattering files over the floor, overturning desks and breaking up anything he could lay hand to, explained sheepishly as he was being led away: "I thought I was in the income-tax office...