Word: maximum
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Dates: during 1940-1940
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...improved over 1936-39, is counted as excess. Thus railroads, shipbuilders, other defense beneficiaries who have been close to or in the red, are given leeway before they feel the tax. If a company has a profit of $150,000 (after normal taxes) and had previously earned the 10% maximum allowable rate on a capital of $1,000,000, its credit would be $100,000, leaving $50,000 taxable less the $5,000 "specific exemption." In cases under Choice 2 in which new capital is invested, the credit is 10% of this amount up to a total capital...
With Jovian forbearance, Mr. Willkie reiterated his intention to keep total G. O. P. expenditures well below the legal maximum, otherwise refrained from rebuking Henry Fletcher in public. That privilege was reserved for Democratic Attorney General Robert H. Jackson, who opined in Washington that Mr. Fletcher's device was illegal...
...Maurice Gustave Gamelin, onetime Premiers Edouard Daladier, Paul Reynaud and Leon Blum, onetime Ministers Yvon Delbos, Georges Mandel, Cesar Campinchi, Guy La Chambre, Pierre Cot, and their direct & indirect collaborators. The men of Vichy apparently still had a little too much conscience to take the scapegoats' lives. The maximum sentence the Riom court may impose is life imprisonment. Although there is no appeal, Marshal Henri Philippe Petain, as Chief of State, has reserved for himself the right of pardon...
...delegates, prior to and during the Convention, we were able to report to the Volunteer Committee in New York City . . . that there would be twelve votes cast for Mr. Willkie on the first ballot, 20 on the second, 25 on the third, with a possible 28 votes as a maximum. The actual vote cast was twelve on the first ballot, 17 on the second, 19 on the third . . . and a unanimous vote of 32 on the sixth ballot...
Unless German scientists have developed a sight allowing accurate bombing out of turns, glides or climbs, maximum danger period of a Nazi level-flight bomber is in his approach to his target. For coming up to his bomb-release line he must fly in a straight line and at a constant altitude for about 60 seconds (more than three miles at 200 m.p.h.), to give his bombardier time to draw a bead. It is there that he is the best target for the antiaircraft guns. On likeliest directions of approach anti-aircraft guns are most heavily established. The batteries...