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...Committee last week borrowed a big backlog for its new revenue bill. Rolled in for the committee's private inspection was a 2% tax on manufacturers' sales which, it was estimated, would net the Treasury an extra $600,000,000 per year. Before this piece of tax timber could be put officially into the bill, certain exemptions had to be whittled out and administrative provisions chopped in. But committeemen, Republicans and Democrats alike, were so enthusiastic about this imported levy, even in the rough, that they declared it was a "sure thing." The committee was faced with this...

Author: /time Magazine | Title: TAXATION: Backlog from Canada | 3/7/1932 | See Source »

Captain Record, who will defend his crown in the 70-yard hurdle race, will have stiff competition from a brilliant field including MacDonald of Holy Cross, Laughlin of Bowdoin, and Healey of N. Y. U. The great Crimson timber-topper, however, is almost unbeatable at his best and is concentrating on his specialty alone, thereby remaining the favorite...

Author: NO WRITER ATTRIBUTED | Title: DETERMINATION KEY OF TRACK SITUATION HERE | 3/2/1932 | See Source »

...away from his New York home at the age of 18, that there were no cannibals in South Africa, so he had to become a businessman. In 40 years he acquired all the theatres, cinemas, broadcasting facilities in South Africa and a large share of its minerals, shipping, banks, timber, fruit, insurance, transportation and real estate. Last week he edged his way into the world's most famed monopoly: Diamonds...

Author: /time Magazine | Title: Business & Finance: Diamond Cut Diamond | 2/29/1932 | See Source »

Boston followers of the cinder path will have a chance to see a goodly assortment of Olympics timber this evening on the boards at the Boston Arena, when a large field of competitors will show their mettle at the annual B.A.A. games. Harvard's track forces, 36 strong, will be among the number of athletes participating in the meet...

Author: NO WRITER ATTRIBUTED | Title: HARVARD ENTERS STRONG TEAM IN THE B.A.A. GAMES | 2/13/1932 | See Source »

...Corp. His fight was the fight of the old-school businessman. To visualize Long-Bell one must think of the 14-story R. A. Long Building in Kansas City, must comprehend that on its 379,000 acres of land there were about 9,075,000,000 ft. of saleable timber, yellow pine in Mississippi, Texas, Louisiana, hard wood in Mississippi, Douglas Fir in Washington, white pine in California. The $108,000,000 assets further include thousands of acres of farm land, nine sawmills, 104 lumberyards, 292 miles of railroad, and the entire town of Longview, Wash. at the junction...

Author: /time Magazine | Title: Business: Long Long Road | 2/1/1932 | See Source »

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