Word: directives
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Dates: during 1940-1940
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Most tony U. S. prep schools-such as Phillips Andover and Exeter, St. Paul's, Groton, Hotchkiss, Lawrenceville, Kent-are Protestant, in spirit if not by direct church affiliation. Twenty-five years ago a Jesuit-educated young man named Nelson Hume decided that this was unfair to Roman Catholic boys. In the hills of western Connecticut, not far from Hotchkiss and Kent, he started Canterbury School, where well-to-do Catholic boys, without neglecting their religious training, might prepare for Yale, Princeton, Harvard and Williams with the same swank as their Protestant contemporaries. Last week this Roman Catholic Groton...
Everybody would like a pay-as-you-go policy. The virtually insuperable problem: where to get the money. Only two major untapped revenue sources were open. One was the direct means of lowering exemptions and raising rates on lower-income groups, as per Mr. Taft's proposal. Another was the indirect means of ceasing to issue tax-exempt securities. Net total of tax-exempt securities (Federal, State, local) is now some...
...mains, telegraph wires, police and fire alarm lines, conduits for refrigerator brine, burglar alarm wires, quotation ticker lines, traffic signal wires. Without suspending these services, the pipes and wires had to be slung from the flooring or rerouted on the surface. Where the cut & cover method was not adaptable, direct tunneling had to be done-sometimes with compressed air and a shield under sandhog conditions. Among other discomfitures: cold (subways take several years to warm...
...from Dunkirk-explained by dogged British courage, the reckless brilliance of British seamanship, and the ability of the Royal Air Force to maintain local command of the air. The fifth surprise took place no one knew exactly when-when Hitler found his forces unable to undertake a direct assault last summer on Britain herself. The explanation has never been completely given, but it included as its chief ingredients the ability of the R. A. F. to inflict devastating punishment on German daylight bomb ers and to upset German preparations for invasion across the Channel...
Wash, crashed last month (TIME. Nov. 18), one insurance firm that took only a bystander's interest was careful, conservative Merchants Fire Assurance Corp. of New York, whose files held no direct policies on the $6,400,000 wreck. Officers were still congratulating themselves when - two days after the bridge collapsed - startling news arrived at the company's branch office in San Francisco...