Word: collections
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...turn out 15,000,000 tons of steel even in normal times. And scrap is now abnormally scarce. Last week OPM steelmen particularly recommended expansion of Bessemer steel capacity, because the otherwise less economical Bessemer process requires very little scrap. Transportation Commissioner Ralph Budd announced a program to collect 232,000 tons of abandoned streetcar rails. But Cleveland's Daily Metal Trades reported that steel mills are still using more scrap than they can replace, that reserves will be gone in eight weeks. Before OPM officials can attend the firing ceremonies of any new steel plant, they will probably...
...struggle against totalitarianism," decided to bring college leaders together to train them for the job. From a list of 80 prominent collegians recommended by college administrators, it picked 32 by means of a history test.* Mrs. Roosevelt invited them to the big, rambling Campobello house, scurried round to collect beds for the 29 boys and girls from 25 colleges who eventually showed up. Each paid a $60 fee for the five-week session...
Most members of Congress were not at all amused to learn that, before they could collect their next pay checks, they would have to swear that they do not advocate violent overthrow of the Government. Whether they thought it was funny or not, the joke was on them. For two years Congress has written into various appropriation bills a requirement that Federal wage earners be required to take an oath of innocence in this regard...
...Jersey's reputation among experts in tax avoidance as a "good State" trembled in the balance last week. New Jersey has a property tax but no income tax. Its tax districts do not always collect taxes on intangible property as some States (e.g., Florida, Maryland) do. Last week one Jersey township up and did it, set vibrations going in many a high-powered law office. The township: Hillsborough. The taxpayer: Doris Duke Cromwell...
First is to collect more money for defense -the Treasury hopes to sell from $1,000,000,000 to $3,000,000,000 worth of tax certificates, use the cash this year instead of waiting up to 18 months for it. By paying as it goes, the public will find next year's vastly increased taxes easier to bear...