Word: travel
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Dates: during 1950-1959
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...Internal Revenue Bureau ruled that "An organization which raises funds to be used in travel and other activities to persuade prospective students with outstanding athletic ability to attend a particular university, and which is not an intergral part of such institution, is not exempt from Federal Income Tax as an educational institution." Contributions to such booster groups can no longer be deducted from personal income taxes, the Bureau said...
While this ruling would have an obvious impact on such groups as Stanford's "Buck of the Month Club," its impact on the heavily regulated Ivy League is still uncertain. The Ivy League bans "try outs" and prohibits alumni clubs from paying travel of prospective scholar athletes to the Ivy schools. Alumni do, however, expend considerable personal and/or club funds on trips to interview the prospects in their areas. Such expenses under the new rule could no longer be exempted as contributions to charitable institutions. Expenditures of Ivy coaches are still met by the universities themselves, which are excluded from...
Whenever Lehigh wrestlers travel out of town, half of Bethlehem huddles over its radios to get a hold-by-hold report. When the Engineers take on a visiting team, home-town rooters pack the house. Last week, when Ike and his teammates wrestled with Penn State, some 3,300 fans elbowed their way into Lehigh's Grace Hall, and not until the champ had pinned his man with a reverse chancery and body press did the town relax. Saddened by Lehigh's team loss, 17-13, John Pappajohn, 59, a local shoemaker and undisputed dean of Bethlehem wrestling...
...year ICC post, but according to Rogers, "Anybody who thinks he could be persuaded by special pleading just doesn't know Bob Minor." Minor, who classifies himself "a Theodore Roosevelt Republican," says: "I'll be so completely unbiased that I'll travel in nothing but planes. No, I take that back; I am guilty of prejudice-my grandfather used to paint boxcars...
...Damon, 58, president of Trans World Airlines; of pneumonia, in Mineola, N.Y. Energetic, inquisitive Harvardman ('18) Damon learned to fly before he learned to drive a car, was an air cadet in World War I, put the famed P47 Thunderbolt into mass production in World War II. Air travelers are in debted to Damon for helping develop 1) the first all-sleeper transport plane, and 2) low-cost tourist travel on both domestic and international lines...