Word: thumbs
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...pointed out, however, that the Treasury provides no easy rule of thumb and that each individual case would probably be reviewed separately to determine its tax status. "Right now it is impossible to make general predictions," he explained...
...Senate floor tomorrow . . . I'm really going to tear you to pieces . . .' He kept badgering me." Finally, said Pearson, he asked McCarthy: "Joe, how is your income-tax case coming along? When are they going to put you in jail?" "He jumped up, put his thumb and index finger behind my nerves in the back of my cranium right here, and gouged me as hard as he could and said, 'You come out. We will settle this.'" Later, related Pearson: "I was about to pay the hat-check boy, when McCarthy came up . . . pinned my arms...
...rest of the country is full of bulls who believe that the current upsurge will continue. They argue that by all the old rules of thumb, stocks are still underpriced. Even after the big rise of the Dow-Jones average, it is only 89% above the 1935-39 level, while during the same period corporate earnings after taxes have risen by 516%. Even the 30 Dow Jones industrials (e.g., A.T. & T., Standard Oil, G.M.) are still yielding returns of around 6% v. 3% for triple-A bonds, and dividends on Big Board stocks in 1951's first half were...
...series of lectures delivered at the University of Chicago last spring, and to be published in a book this month (American Diplomacy 1900-1950; University of Chicago, $2.75), Kennan suggests a more practical rule of thumb for U.S. foreign policy...
...China, with the weak theocratic government of Tibet under its thumb, now controls all the major passes through the towering Himalayas into India and Nepal. Travelers back in India from Tibet last week said that well-armed Chinese troops along the 2,000-mile frontier are entrenched in market towns, have replaced Indian rupees with Chinese currency, are interfering with traders and religious pilgrims, who for centuries have crossed and recrossed the Indo-Tibetan border without hindrance...