Word: zenith
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Dates: during 1950-1959
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...taxes, which have shot up much faster than excise taxes. Under the proposed new bill, said he, direct income taxes taken altogether would constitute "83% of net budgeted receipts compared with 78% last year and 50% in 1939 . . . Under this new 'fair deal' ... a man reaches the zenith of his financial success in life when he can retain $23,502.50 out of an $80,000 income. After that he can keep a nickel out of every dollar." The National Association of Manufacturers also plumped for a sales tax (of some 20%), but applied at the manufacturers...
...subscription TV systems work on the same principle: broadcasting shows which appear as bewildering blurs on the screen unless the subscriber pays to have the image unscrambled. The three main methods: 1) Zenith's Phonevision, . .which pipes the unscrambling signal over telephone lines, with the charges going on monthly telephone bills (TIME, June 4); 2) Skiatron, which equips TV receivers with built-in "decoders" that are operated by special plastic cards; 3) Telemeter, which attaches a coin-in-the-slot gadget directly...
...regret that Dr. Means, having reached the retiring age according to the Harvard tradition, is leaving his post at the very moment of the installation of this new, important venture in which he has performed so important a part, and at a time when he is apparently at the zenith of his powers. By this act a useful member is lost to the "Harvard family," as Dr. Means has accepted an important post in the Medical Department of the Massachusetts Institute of Technology. Francis C. G. Woodman...
...Hollywood, the Theater Owners of America cried that it was "a monumental flop." In Chicago, Zenith Radio's vocal President Eugene F. McDonald Jr. crowed: "It was successful far beyond our expectations." Both were talking about Phonevision, the system of selling feature movies by television and charging the set owner $1 per picture on his phone bill (TIME, Jan. 8). In a preliminary report on the 90-day test of Phonevision among 300 Chicago families, McDonald claimed last week that his brain child was a lusty million dollar baby...
...Civilized Barbarian. Sinclair Lewis' works have become period pieces. But in his prime, Lewis had no peer as a knocker of "homo Americanibus." Sinclair Lewis wrote mainly about one man, George Follansbee Babbitt, of Zenith, the Zip town. George Babbitt was a helpless materialist whose one standard was money, a quavering conformist whose only security was found in the back-slapping approval of his fellow Rotarians. He lived in physical comfort greater than kings enjoyed in the past, but he rarely stopped to enjoy it, for he was a Hustler. He was ashamed of his secret dreams...