Word: collection
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Dates: during 1950-1959
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...Treasury should 1) cut the 52% corporate tax on profits abroad to the 7.8% rate for intercorporate dividends, and 2) collect the tax only when the profits are transferred...
When Queen Victoria ruled the waves, Lord Palmerston sent the fleet to blockade the port of Athens simply to collect damages for a Gibraltar-born Jewish Briton whose house had been destroyed by a Greek mob. "A British subject in whatever land he may be," proclaimed the Queen's Foreign Secretary, "shall feel that the strong arm of England will protect him against injustice and wrong...
Amid the general shock, some novices made matters worse by loud self-justification (in itself an unZen act). Wailed one: "When we sit long hours in meditation, the blood tends to collect around our loins. It's natural for us to seek outlets." That was no surprise to some cynical Japanese, who say that novice Zen priests often slip anchor at night after the temple supervisor goes home. Many steer straight for the local brothel, where the madam courteously bundles them inside without obtrusive haggling at the door. Others hold frequent cookouts near the temple, wolfing down undercover banquets...
...need for a sensible priority system in the allocation of labor and transport, Peking's bureaucrats ordered a cutback in the backyard blast-furnace campaign. But all signs are that the shock-program concept still prevails. Currently, Red China's masses are engrossed in a drive to collect and distribute 10 billion tons of fertilizer; the nation's steel production target for 1959 is set for 18 million tons, a 64% increase over alleged production last year. Says one Hong Kong hand: "If they got snarled up last year, think what's going to happen...
There are those who collect out of a love for art itself, out of enthusiasm and out of conviction. Then there are those who collect with enthusiasm but with more advice than self-assurance. There are those who collect purely and simply to invest. There are also those to whom art means prestige of one sort or another. Yet, over a substantial period of time, the character of collecting itself has changed considerably...