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Turning to Canada, the House Ways & Means Committee last week borrowed a big backlog for its new revenue bill. Rolled in for the committee's private inspection was a 2% tax on manufacturers' sales which, it was estimated, would net the Treasury an extra $600,000,000 per year. Before this piece of tax timber could be put officially into the bill, certain exemptions had to be whittled out and administrative provisions chopped in. But committeemen, Republicans and Democrats alike, were so enthusiastic about this imported levy, even in the rough, that they declared it was a "sure...

Author: /time Magazine | Title: TAXATION: Backlog from Canada | 3/7/1932 | See Source »

...Chesterfield Inlet he built a radio transmitter so that Eskimos may grunt at each other over the frigid air. Monsignor Turquetil, bearded nobly and baldheaded, is an able philologist. But chiefly he can gain converts by telling them how best to fish. Says he: "Taking fish out of the net is no easy job. If you take your hands out of the water for more than a second they will freeze solid. The only way is to take the cartilage of the fish's nose in your teeth, squeeze his body to make it smaller, and yank...

Author: /time Magazine | Title: Religion: Arctic Bishop | 3/7/1932 | See Source »

...special emphasis upon body checking and the strategy wan productive numerous spills and penalties. On one occasion, there were only two Dartmouth players on the ice in addition to the goal-tender, Hawkes. The latter, it might be added, more than did his share in defending the Big Green net, handing out numerous checks and other terms of bodily contact besides handling the flying puck...

Author: NO WRITER ATTRIBUTED | Title: HOCKEY PLAYERS SHOW TEAMWORK IN WIN OVER GREEN | 2/15/1932 | See Source »

Harvard as well as Dartmouth missed several apparent scoring opportunities. Passing, indicative as it is of good play, was seemingly carried to an excess by the Crimson players who in handing the pack about in front of the visitors net, allowed the opposing defencemen to gather when it seemed as if a quick shot would have found a comparatively undefeated not. The Dartmouth skaters, on the other hand, had great difficulty in controlling the disc at all and were unable to capitalize when deGive, the Harvard netman, was drawn far out of position...

Author: NO WRITER ATTRIBUTED | Title: HOCKEY PLAYERS SHOW TEAMWORK IN WIN OVER GREEN | 2/15/1932 | See Source »

...Although the United States, after working for years to re-establish the gold standard through the world, did not deliberately seek to undo its work and to accentuate the depreciation of many currencies, such was the net result of our tariff. If the drastic decline in interest rates here and the premium on dollar exchange had not produced during 1930 a record-breaking export of short-term funds from the United States, our pull upon the world's gold supply would have been far more disastrous...

Author: NO WRITER ATTRIBUTED | Title: "No Solid Prosperity Until Many Tariffs Have Been Substantially Reduced," Slichter Warns | 2/3/1932 | See Source »

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