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Word: netted (lookup in dictionary) (lookup stats)
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...substitute for the President's proposal, it wrote in an excess profits tax, 5% to 20% on profits over 8% of 1934 declared capital value. Corporations were authorized to deduct on their tax returns all gifts to charity up to 5% of their net income...

Author: /time Magazine | Title: TAXATION: Thrift, Hope & Charity | 8/12/1935 | See Source »

...those pre-Fascist days keen, hard little King Vittorio Emanuele III of Italy had picked hawk-eyed,, hollow-cheeked Baron Pompeo Aloisi as his naval aide-de-camp. Austria's spy net was known to have its spider on Swiss soil at Zurich in the person of a certain Captain Mayer. On the night of Feb. 24, 1917 Spy Master Mayer's safe was rifled by expert Italian cracksmen. For the next three days the Italian frontier was closed to keep Austrian spies from escaping from Italy. They were caught and shot in batches on the evidence provided...

Author: /time Magazine | Title: THE LEAGUE: Assassination Preferred | 8/12/1935 | See Source »

...with two. Only issues left undisturbed would be equipment trust bonds. Of the three new issues of indebtedness, only one, a 4% mortgage, would bear fixed interest. Interest on the other two, a 5% convertible general mortgage and a 4% convertible note issue, would be paid only if earned. Net result would be to cut fixed charges from $25,966,000 to $7,503,000 per year. Thus while MOP would avoid insolvency in lean years by paying only fixed charges, it would be weighted down by an increasing burden of contingent charges during prosperous years. Finally, the plan would...

Author: /time Magazine | Title: Business: MOP's No. 23 | 8/12/1935 | See Source »

...automobile volume soared to $396,000,000, a gain of $113,000,000. Its total volume for all kinds of financing was $539,000,000 against $437,000,000 in the first six months of 1934. Net profits were $7,256,000 against...

Author: /time Magazine | Title: Business: Credit for Sale | 8/12/1935 | See Source »

Commercial Credit's volume of $267,000,000 was up 28% over the corresponding period last year and net profits were $3,345,000 against...

Author: /time Magazine | Title: Business: Credit for Sale | 8/12/1935 | See Source »

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