Word: netted
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...repeal of the State's present ad valorem tax in favor of a 1.6% tax on "transactions," a transaction being grandly defined as "any dealing of any kind whatsoever between two or more persons." Such a tax, replacing the State's present ad valorem tax, would net $25,000,000 annually, thought the Governor, to help pay for State old age pensions up to $15 a month (another $15 to come from the Federal Government...
...talk further about Italy's demands on France. (An Italianate Spain would probably put France in a bargaining mood.) He was willing to discuss the plight of the Jews with other powers, but to send none to Ethiopia. He amiably reaffirmed the Anglo-Italian friendship pledge of 1938. Net: zero. To underscore the zero Mr. Chamberlain also called on the Pope...
Hormel's new scheme, an adaptation of the profit-sharing idea, was worked out after Jay Hormel figured that 80% of his Austin plant's income went to employes in wages, 20% to stockholders in dividends. Although last year's $1,031,000 net income would have given workers no extra money under the plan, Packer Hormel thinks his program may inspire efficiencies, hence increase profits...
...Net effect of this bracketing of shots was to make Congress responsible not only for national defense and for Relief in its name, but for the welfare of reliefers after mid-February, when present appropriations will be gone, with about five winter weeks still to come...
...game was won by individual, rather than by team performance. Honors go to Dem Lloyd at center, whose sinking of a pass-out by Walt Whittaker from behind the net nullified an early Cambridge lead midway in the first stanza. It was the only assist of the game. After 37 seconds of the second period, Lloyd again split the Cambridge defense, and placed Harvard in the lead...