Word: unsounded
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...year-oldsters Federal pensions of $50-60 per month, financed by sales taxes to produce $4-6,000,000,000 piled on top of all other U. S. taxes. Chairman Doughton of the Ways & Means Committee delivered the official excoriation, using the following adjectives: unequal, unjust, unsound, fanatical, intolerable, inequitable, cockeyed, crackpot. Dr. Townsend's solace: three years ago the House had him sentenced for contempt (Franklin Roosevelt pardoned him) ; now his planacea put members on a piping political pan. Bob Doughton & Co. hastened next day to vote, in Committee, to recommend raising from $15 to $20 the maximum...
...published this week was the most challenging analysis of accounting in many a day-Truth in Accounting* by C.P.A. Kenneth MacNeal, treasurer of Alden Park Corp., Philadelphia real-estate concern. His thesis: "The great majority of contemporary certified financial statements must necessarily be untrue and misleading due to the unsound principles upon which modern accounting methods are based." Some of his examples: A man invests $30,000 in 1,000 shares of General Motors at 30. The stock rises, he sells it at 60, and reinvests in 1,000 shares of International Harvester at 60. His twin puts...
Ever since the $2 raise granted November 24, 1937, the dining-hall system has been on an unsound financial footing, and the continued existence of the Temporary Student Employment Plan is in serious danger as a result...
Crackpots. Plans like California's $30 Every Thursday, Indiana's $30 on Monday, and the Townsend Plan, which Franklin Roosevelt dismissed as "unsound," flourished more vigorously than ever in the soil of senile insecurity. Dr. Townsend, still promising up to $200 a month to be raised by a hazy "transactions tax," sat in Washington waiting to be called by the committee. Meantime, his organization's chief rival, the General Welfare Federation of America, got its crack at the committee last week...
...started the building of California's Santa Anita six years ago, had a harder time than he expected getting his latest racetrack in operation. He had to appeal to the State Supreme Court before he could get a permit from the Florida Racing Commission, which felt it was unsound for two tracks to operate at the same time in Greater Miami. After the permit was finally granted, Promoter Smoot decided to pull out. Contractor Horning, by this time infected with Promoter Smoot's enthusiasm, took over the track. He figured there were plenty of horses (2,400) wintering...