Word: unsoundness
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Dates: during 1930-1939
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...making a new will bequeathing her residuary estate to Harvard University to "further journalism," his widow, Mrs. Agnes Wahl Nieman, followed him. Last week three distant relatives popped up to contest the widow's will, claim this respectable publishing fortune on the ground that Mrs. Nieman was of unsound mind when her testament was drawn...
Died. Albert Dalimier, 61, oldtime French politician, member of twelve French Cabinets; after a long illness; in Paris. In 1932, while Minister of Labor, he dispatched circular letters recommending investment in the unsound Bayonne municipal pawnshop bonds offered by arch-Swindler Alexandre Stavisky. He resigned the day Stavisky's body was found, was ousted from the Radical Socialist Party during the scandal that followed...
...months ago Editor Moley roundly denounced the Roosevelt tax proposals as unsound and destructive (TIME, March 23), has kept hammering away at them ever since. "Let us have an end of generalities about 'co-operation,' 'confidence' and 'breathing spells,' " he barked last month. "The Government will not have done its part in solving the unemployment problem until it breaks specific log-jams...
...difficult in class. "Defiance was not a principle with him; it was an instinct." His family sent him east to school, then to Harvard. Reed soon became a well-known but not a popular member of his class. Fiercely ambitious, fiercely sensitive, he was regarded as pushing and unsound...
...wild booms and profound depressions has motivated some of the Administration's best work. . . . Now the Administration proposes a tax plan which, tosses overboard this sound philosophy. . . . The proposal is to prevent the accumulation of corporate surpluses by a prohibitive tax of about 33⅓%. The principle is unsound. It is analogous to levying a prohibitive tax upon individual life insurance premiums. Surpluses are the life insurance policies of business firms. . . . To force industry to pay out all of its earnings in dividends in good years will, of course, have the effect of accentuating booms. And in years...