Word: normalizing
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Dates: during 1930-1930
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...political rather than fiscal importance was last week's tax news at the White House and the Treasury. Congress, at President Hoover's order, cut the normal income tax rate by 1% for 1929 to bolster business. Business did not respond to the cut. Federal receipts ran down hill. Last week Treasury officials compiled figures, frankly told Pressmen that they were quite helpless about a continuation of the 1% reduction for 1930 incomes. For the first 50 days of this fiscal year, U. S. revenue had fallen off $64,261,211 compared with last year, while expenditures...
...Mathis is the fourth largest seller in France. Durant will retail it at around $500, hence compete with the American Austin. Testimony to the popularity of torn-thumb cars was the report last week that American Austin Car Co. Inc., with normal capacity of 60,000 a year, had 184,000 unfilled orders on hand June...
...midst of a temporary but serious depression. . . . Elect a Democratic Congress in 1930 and this country will not see normal business again for some years...
...defeated candidate: Frederick Ingate Thompson, Mobile publisher. Judge Benjamin Meek Miller, anti-Klan, won the regular Democratic nomination for Governor. Senator Heflin, who plans to run as an independent Senatorial candidate in November, urged his friends to keep away from the polls last week. The State's normal Democratic primary vote of over 200,000 was reduced to less than 150,000. Heffled Senator Heflin when he read the returns: "You can just bet I'll feast on John Bankhead's bones next November...
...blanket of clear hot dry air under high atmospheric pressure. Because air moves from high to low pressure areas, rainladen breezes from the two oceans were unable to penetrate beyond the rim of the U. S. The sun beat down through cloudless skies to blister the earth. Under normal circumstances low pressure areas known as "cyclonic storms" (not necessarily of "cyclonic" velocity and violence) swing periodically across the land from west to east, sucking in and mixing hot and cold winds, producing rain. This year such beneficent disturbances did not cease, but they apparently moved northward from their normal track...