Word: exemptible
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...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...
...contemplate rowing are requested to attend. Attention is drawn to the fact that men who reported at the Boathouses yesterday afternoon are not exempt...
Saklatvala is understood to be a member of the British Parliamentary delegation to the Interparliamentary Union meeting to be held in Washington. He is not appointed by the British Government nor selected by any authority of the British Government. I know of no reason why he should be considered exempt from the immigration law any more than the humblest immigrant who holds subversive or revolutionary views and carries on propaganda contrary to our institutions. It is the policy of this Government to exclude such persons from coming to this country...
...exempt issues of the past year, 17.8% were for state governments, 14.8% for counties, 12.5% for school districts, and 54.9% for towns, cities, etc. Of all state and municipal issues put out in 1924, 27.2% were for the building of streets, roads and bridges, 30.6% for schools, 10.3% for municipal water works, 7.7% for general improvements, 6.8% for sewers, 6.3% for buildings, 5.2% for soldiers' bonus, 2.2% for parks...