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...destruction of democracy in Europe, one tenuous connection was allowed to continue. At sea was the Red Cross "mercy ship" McKeesport, which had started out for Bordeaux, heading straight into a combat zone without the necessary guarantee of safe conduct from belligerents. Before Congress was an Administration proposal to exempt Red Cross vessels from the Neutrality Act; otherwise the McKeesport might have to be ordered back. Cried West Virginia's lame-duck Senator Rush Holt: "This resolution of authority might be the spark. ..." Nevertheless, the resolution passed...

Author: /time Magazine | Title: CONGRESS: Insulation | 7/1/1940 | See Source »

...Government taxation policies have driven investors to tax-exempt bonds, away from risk investments...

Author: /time Magazine | Title: GOVERNMENT: Immature Economy | 6/10/1940 | See Source »

...amendments, handiwork of New Dealers, were so slight as to be imperceptible. The House jumped on the Norton amendments ravenously. So infectious was the fun that New Dealers and Republicans joined in, soon inflated the Norton bill into a balloony caricature of a law. So many workers were exempt that Representative Frank Hook of Ironwood, Mich, heckled: "You have exempted everybody but the unemployed . . . might as well do that...

Author: /time Magazine | Title: THE CONGRESS: Hippodrome | 5/13/1940 | See Source »

Some 250 House of Commons members of all parties recently gathered to hear Professor Keynes expound "Deferred Spending." Originally the Keynes Plan was for the State to take a portion of all incomes above ?150 ($600) yearly-this would exempt some 12,000.000 British wage earners from the Plan-and give in exchange 2½% Postal Savings Certificates redeemable after...

Author: /time Magazine | Title: Foreign News: Billions for Victory | 3/25/1940 | See Source »

...wants only about 150,000 immigrants each year; 2) that the 1920 ratio of "persons of foreign origin" from each country to the total of U. S. residents should be kept about as is. Some countries (Canada, Mexico, Cuba, etc.) and classifications (students, tourists, businessmen, etc.) are exempt from quota classifications. Total of nonquota visitors last fiscal year...

Author: /time Magazine | Title: IMMIGRATION: Travel Log | 3/4/1940 | See Source »

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