Word: netted
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...same name as the shelved tax trap: The National Defense Contribution. Irrespective of whether a firm's profits are increasing so fast as to suggest "profiteering" or not, Simple Simon's tax is to bear with equal weight on virtually all British firms with annual net profits of more than $10,000 per year. It is a supertax. Its intent is to raise the existing average 25% income tax on British firms to 29% in the case of partnerships, 30% in the case of corporations. Exempt from such super-taxing for Rearmament are to be salaried employes, doctors...
Close-mouthed artists refuse to say how much rent they pay for riparian rights to their small plots of sand. To the City they pay nothing for licenses. But they readily admit that they weekly net somewhere around $50 each, after rent and assistants' fees of $25. Most famed of the beach's seven oldtime artists is a barrel-chested, cow-eyed Calabrian named Dominick ("Nick") Spagnola who has sculptured next to the Steel Pier for 17 years. Self-taught, he pioneered floodlighting, cement statues, the personal sketch. Ten years ago, against his better artistic judgment, he installed...
...crowds squinting through telescopes, among them what British police admitted was the largest collection of foreign spies and counterspies ever to attend a British function. Of the British ships in line they were particularly anxious to see the new fast torpedo-carrying motor boats, the square-sterned anti-submarine net-layers Protector and Guardian and the antiaircraft ships, Coventry and Curlew. Old light cruisers about ready to be decommissioned, these ships have had, their superstructures swept clear and their decks jammed with batteries of the very latest electrophonic anti-aircraft guns and high-powered searchlights...
Last year gross sales of Lipton's tea in the U. S. were $6,496,437, on which the U. S. company made $466,406. Profits had been doubled since 1934. For the first four months of 1937 Thomas J. Lipton, Inc. shows a net profit of $321,598, which the company deprecates as the usual seasonal business is always followed by a decline in the last half of the year. One thing Sir George Schuster did on his tie-strengthening visit was to approve a $1,000,000 Lipton advertising campaign, biggest since 1929, planned by husky, friendly...
Questioned upon the cancellation, Miss Charlotte Bradley, captain of the schoolgirl net-wielders admitted keen disappointment on the part of the student body, but hoped that the Crimson would come just the same, substituting baseball bats for their sticks...