Word: totalizer
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Dates: during 1930-1939
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...American Society for the Hard of Hearing estimates a total of 20,000,000 dull-eared U. S. citizens (3,000,000 school children, 15 to 17,000,000 adults), 50,000 who are "stone" deaf, i.e., those born totally deaf or who became so before learning to talk. Inhibitions caused by faulty hearing are a commonplace with psychologists. No more than TIME calls Helen Keller useless did it imply that U. S. deaf-mutes were "hopeless...
...other of low-interest (2½%) loan to the Government, to be deposited at the Post Office Savings Bank and redeemed only after hostilities cease (except for personal dire emergency). On small incomes, the tax levy would be low, the loan levy high. Example: on ?500 of income, a total of ?105 (21%) might be levied, ?77½ to be loan credit, ?27½-to be tax. On ?20,000 income, the total levy might be ?16,000 (80%), of which ?13,000 would be tax, ?3.000 loan credit...
...total expenditure carried in Sweden's last normal budget was 1,340,000,000 kroner. Dr. Wigforss asked the Riksdag to authorize a loan of 300,000,000 kronor, and plans to raise the remaining 300,000,-ooo needed to cover his "emergency deficit" by drastic taxation, particularly by upping the already high and unpopular Swedish taxes on liquor, tobacco, coffee, sugar. Liquor is sold by the famed Swedish State Monopoly and in angry protest at the deficit taxes last week 200 sailors from the Swedish battleship Manligheten ("Manhood") returned their motbocker or liquor ration books to the State...
...terms of the sale were: 1) that Continental would cut the book value of its common stock from $75,000,000 to $25,000,000 (thus keeping the total capitalization unchanged); 2) that Continental would buy back its preferred from RFC at least $250,000 every six months; 3) that until the preferred was retired RFC should have voting control of the bank; 4) that all directors had to be approved by RFC. The most important result of the deal was that Jesse Jones's good friend Walter Joseph Cummings was made chairman of the board, salary...
...contrast common stockholders (the management sold its employes 64% of its own stock) got 719,926 snares of new common and a promise of a $1 "catchup" dividend, if earned. Their total original investment was about...