Word: exemptible
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...Neptune. Over the Maryland's side clambered a piratical visitor who said he was Davy Jones, emissary of King Neptune. He bore warrants to arrest some 800 of the 1,300 officers, men, guests on board who had never before crossed the Equator. Mr. & Mrs. Hoover were exempt, he being a "shellback" with 14 crossings of the Equator to his credit, more than anyone else present except his naval aide, Commander A. T. Beauregard...
Minnesota's Christianson arose to complain about the U. S. Supreme Court's ruling that national banks are federal agencies and therefore exempt from cer tain state taxes. His point was that na tional banks are operated for the benefit of stockholders and should therefore be taxed the same as state banks...
...Ford plantations are on the Tapajoz River, tributary of the Amazon. By a contract made last year with the State of Para and the Brazilian Government, Mr. Ford promised to plant 3,000 acres of rubber trees within four years. In return his rubber will be exempt from export taxes for twelve years, and he may import free of duty all materials necessary to the development of his plantation...
...three men, selected on a basis of versatility, character, and scholarship, will be exempt from all class requirements, examinations and fees. The awards will be made in June on a basis of the applicants' "interest in, devotion to, and promise of notable achievement in intellectual life...
Since the rural lamp burning vote is combustible, Chancellor Churchill acted with instant decision, and extinguished the Labor attack by announcing that he had decided, overnight, to exempt kerosene from the tax, which, however, will still bear on gasoline. Well pleased at the flurry caused by his announcement, Mr. Churchill added: "His Majesty's Government have no fear that motorists will evade the tax on gasoline by attempting to use kerosene. They would do more harm to their engines than to the Exchequer...