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Word: exaction (lookup in dictionary) (lookup stats)
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...yourselves on the question of planned economy. Had these features been in the Democratic platform of 1932, that party would not have carried one state in the Union." In aiming at the Democrats in a Republican primary, Candidate Reed assumed that he was also shooting at Gifford Pinchot, whose exact political position lies camouflaged somewhere East of Democracy and West of the G. O. P. Nobody in Pennsylvania has ever succeeded in orienting the Pinchots. They have been borderland cases for years. Governor Pinchot's old Pennsylvanian family comes from Milford, across the Delaware from Port Jervis...

Author: /time Magazine | Title: National Affairs: Pennsylvania Primaries | 5/14/1934 | See Source »

...judging the art of any primitive group; certain general characteristics must be borne in mind. The exact style of the art depends upon the usable materials which the tribe has at hand. Again, since the structure of any primitive group rests on unity and slow growth, its art development is usually so slow that the initial result of working certain materials with certain tools has a lasting effect on the art character...

Author: By F. R. P., | Title: Collections and Critiques | 5/9/1934 | See Source »

Auditors' certificates like the foregoing are appended to the financial reports of almost every big U. S. corporation. Contrary to popular belief, accounting is not an exact science. Charges, reserves, write-offs, appraisals, etc. are matters of opinion. Though profits or losses are calculated to the last digit, even the smartest auditor cannot predict the precise day when a lathe will cease to turn or a truck wear out. Best he can do is to estimate, with the management's help, the probable life of plant & property, set aside an approximate sum for depreciation. Having done this...

Author: /time Magazine | Title: Business: Fair View | 5/7/1934 | See Source »

...hypocrite, liar, tacitly defies the onlooker to cast the first stone. Many a reader will find nothing handy to throw. Shocking to the Goncourt Academicians mainly for stylistic reasons (says Defender Daudet: ''It is written in Parisian colloquial speech, a very special language, superficially lazy yet fundamentally exact"). Journey to the End of the Night will shock many a U.S. reader by its almost unrelieved unsentimentality. Physiological rather than pornographic, Author Céline might rest his case on a remark of his hero's. "A body is always something that's true; that...

Author: /time Magazine | Title: Books: Seamy Side | 4/30/1934 | See Source »

...such an event were so briefly reported in the U. S. Press, neither readers nor publishers would be satisfied. Yet almost an exact parallel of that tragedy occurred in the Hotel Continental apartment of Premier Gaston Doumergue last week. Mention was limited to a few slender paragraphs in New York newspapers and a close-mouthed silence on the part of French officialdom...

Author: /time Magazine | Title: FRANCE: Son-in-Law | 4/23/1934 | See Source »

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