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Word: deductionism (lookup in dictionary) (lookup stats)
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Because he liked to sleep late, Cinemactor Lee Tracy used to tip thoughtful cinema hands who saw to it that "I wasn't called to the studio when I wasn't needed." Because he considered such tipping a business expense, Mr. Tracy deducted $161 from his income tax...

Author: /time Magazine | Title: People, Aug. 15, 1938 | 8/15/1938 | See Source »

Chief difference between Negro Less Taylor, a tenant on the J. W. Copeland plantation in Washington County, Miss., and 200,000 other sharecroppers and renters in Mississippi, is that Less Taylor got for his lawyer old Percy Bell of Greenville, onetime chancery judge and independent as a hog on ice...

Author: /time Magazine | Title: MISSISSIPPI: Usury | 6/13/1938 | See Source »

In its 1935 tax returns. Empire Gas & Electric Co., subsidiary of shrewd, roly-poly Howard Colwell Hopson's Associated Gas & Electric Co., took a $38,543 deduction for the cost of lobbying against the Public Utility Holding Company Act. With some heat, the Internal Revenue Bureau rejected the claim...

Author: /time Magazine | Title: Business: Necessary Expense | 6/13/1938 | See Source »

Dr. Thurstone gave his 56 tests to 240 students whose I. Q.'s were above average. But when the students had answered the questions, Dr. Thurstone's work had only begun. He proceeded to compare, analyze and plot the scores, to sift out, with exceedingly complex mathematical formulae...

Author: /time Magazine | Title: Education: Mind Cracked | 5/2/1938 | See Source »

The rumor first appeared in the column of a New York sports-writer and was reprinted in a local paper. The assumption is that the columnist made a deduction from the case of "Pop" Warner whose assistants preceded him to his job at Stanford, but it was made perfectly clear...

Author: NO WRITER ATTRIBUTED | Title: HARLOW DENIES PENN COACHING JOB RUMOR | 2/19/1938 | See Source »

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