Word: wealth
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Dates: during 1930-1939
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...financial history is crowded with accounts of self-made millionaires who never let wealth change their mining-camp habits. How rare they are in the financial annals of other countries was demonstrated last week by the awed fashion in which Richard Lewinsohn (The Profits of War) wrote about the democratic simplicity of Barney Barnato, one of the roughest rough diamonds among South African diamond millionaires...
...remarkable as the wide differences in the two bills was a fundamental similarity of purpose: to lift some of the tax pressure from the point at which wealth is ventured. To many an economist this seemed the surest possible way of offering capital the fullest inducement to get busy and help itself out of the current depression. That the tax reforms crossed the Administration's three-year policy was a matter which did not seem greatly to concern Congress...
...contradictions of poverty and wealth, of democracy and fascism, of happiness and misery in the world today. These are our problems. We cannot evade them, and as our generation approaches maturity, they become more acute. We believe that a united American people in their day to day efforts to meet these problems will come to realize that the only basic solution will be reached in the construction of a Socialist society. Executive Committee of the Harvard Branch...
...smartly invited foreign corporations and private citizens to incorporate in his state and pay minimum taxes. Since then these foreigner-paid taxes, small as they are, have paid some 45% of the nation's expenses. The Liechtenstein family, owning virtually all the nation's wealth, graciously pays the rest...
...beyond indicating that the sources of university wealth were as rich as ever, the figures were cold comfort to most colleges. Annual gifts and bequests to small colleges (under 1,000) dropped off 37% during Depression, to women's colleges 40%. Responsible for holding the total up were three universities that had good times in bad. The big three, which accounted for more than half the gifts and bequests received by the 49 universities during Depression, were Yale, Harvard and University of Chicago...