Word: deductionism
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Jockey T. Weston. For years Lord Derby has let it be known that he cherished two ambitions: 1) to be Premier; 2) to win the Derby. With the first he has not yet finished; with the second "his cares are now all ended." The day was wet and forbidding. Great...
At the same time, however, although this deduction is hardly flattering to the so called educated classes, it simply means that a gradual reversal of class position is in progress; and not that education, which is imperishable, is in process of degeneration. If short cuts are to be made in...
The New York Tribune took this omission to heart. It set up last week a department called Last Night on the Radio, conducted by "Pioneer." He does not tell how to wind a deduction, or how to make a radio set out of a hair pin, a toothbrush and the...
SECRETARY OF THE TREASURY ANDREW W. MELLON was attacked in the House because Harry F. Sinclair had claimed a deduction of $1,000,000 in his income tax return, on account of capital loss sustained in the sale of some stock "which had cost nothing."
The deduction is assuredly comforting to the unimpressive multitude. It sounds even better if bolstered by those statistics issued a short time ago by the University of Michigan which proved that Phi Beta Kappa men ten years out of college were earning considerably less money than the average graduate. The...