Word: exempted
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Dates: during 1920-1929
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...North Pole by virtue of two hasty visits a quarter century apart is American territory, the photographs will be admitted free of charge. On the other hand if ice and snow are rather too elusive to be land, the top of the world may not be exempt from a republican tariff. Although these questions agitate men who have probably never seen an iceberg, the polar bears may no doubt be permitted a yawn. That a sliding scale of import duties can have a vital effect on denizens of the slippery north seems unlikely. Even the Eskimos do not appear...
Theatre admissions tax. One cent on each ten cents or fraction (no change). Tickets costing 75¢ or less (formerly 50¢) exempt...
...quite so angular. The President stated that he approved of the Association's efforts to stop the sale of unsound securities. Then an epistle from Secretary Mellon was read. Mr. Mellon explained why it is to the interest of U. S. prosperity to curb the issuance of tax-exempt securities...
...Except certain classes of exempt state bonds...
There should be a Constitutional Amendment to bar the issuance of tax exempt securities. Meanwhile surtaxes should be lowered to bring more capital into taxable securities...