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Word: fault (lookup in dictionary) (lookup stats)
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...paying for them with 1,000,000,000 francs worth of "bonds." To French hopes that at least some of the confiscated goods would be returned, the Nazi welfare authorities replied: "It is not the conqueror's business to relieve the world misery and distress caused by the fault of the vanquished...

Author: /time Magazine | Title: FRANCE: Trials & Improvisations | 8/12/1940 | See Source »

This point is minor to the broad issue raised by your figures of Japanese and American tonnage with map, page 15. In most cases I have been unable even to approximate yours, no matter how liberal I have been on the subject "effective tonnage." Your main fault has been to overestimate Japanese strength, underestimate U. S. I enclose detailed statements as to my tonnage figures. I might add that to the best of my information and belief, Japanese construction since 1938 has practically stopped. All available metal has gone to the Army, not the Navy, to carry...

Author: /time Magazine | Title: Letters, Jul. 29, 1940 | 7/29/1940 | See Source »

...chief fault was its crudeness. Its basic principle: any corporate earnings above 8% on invested capital were "excessive," should be taxed at 30 or 65% (later reduced to 20 or 40%). This was in effect to treat all capital as though it bore the same risk, should earn the same return. But "invested capital," an artificial concept, was only one among many income-producing factors. Results were a tragicomedy of discrimination. Small, growing, high-profit companies found themselves in higher tax brackets than mature, stabilized giants. Corporations with little capital other than their wits (advertising agencies, etc.) paid at higher...

Author: /time Magazine | Title: TAXES: Coming Up | 7/15/1940 | See Source »

Unbossed, Unled. From the moment they came to town, Republicans of all stripes agreed wholeheartedly that this was "the damnedest convention that ever was." Nothing went the way things had always gone. This was the fault of the people, said the professional politicos...

Author: /time Magazine | Title: CAMPAIGN: The Sun Also Rises | 7/8/1940 | See Source »

...fault too, of another interloper, a big, shambling bear of a man with tousled dark hair, great beefy shoulders, a long, determined upper lip, a fast, tough mind. Wendell Lewis Willkie, 48, product of an Indiana Main Street and New York's Wall Street, was in town. The Convention had not invited him; the Convention wished he were anywhere else. On that dark Sunday afternoon Wendell Willkie was already a political phenomenon without parallel or precedent, a new face, a new force, something powerful and strange cast...

Author: /time Magazine | Title: CAMPAIGN: The Sun Also Rises | 7/8/1940 | See Source »

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