Word: note
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Dates: during 1940-1940
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Treasury Secretary Henry Morgenthau sat in his taxworks fortnight ago, nervously smoking Camels. Suddenly he blurted to newsmen: "If we get out a five-year defense note it will be taxable.'' A newshawk snapped: "As to all taxes?"* Mr. Morgenthau nodded...
...Morgenthau's powers as Secretary of the Treasury include the right to issue wholly taxable notes; he may keep it up indefinitely. But by fiscal definition, a note must have a maturity of not more than five years...
...tough talk, she boasts, "You can't fool this old bag." To secretarie's of bigwigs who have misled her she shouts: "You tell your boss Hedda Hopper says he's the biggest son, of a - in town." Her working methods are impulsive. Confronting her note-sprawled desk, she kicks off her shoes, screams "Front and centre" at her secretary, lights a cigaret, paces up and down the room in her stocking feet, dictating at the top of her voice. Her notes are usually unintelligible to anyone but herself. Recent sample: "Willie going to war. Catalina...
Finally, I've always had the impression that a House dance with a Harvard band lends a note of informality that's always welcome, even at a white tie and orchid affair. Last week at Winthrop, a lot of the fun was due purely to the fact that three was a nice domestic atmosphere, what with everybody coming up to request We Three and ask the lead alto for his Ec 61 notes. Well, maybe I'm all wet, but those are the kind of dances I like, and I hope we have more of them...
Harvard follows sound banking policy in charging 5 per cent interest on loans that are, for all practical purposes, unsecured. If the borrowing student is a minor, his promissory note has no validity in court; and although, legally, the student's bondsmen can be held responsible for his debt, the University has refrained from such action as unjust to the bondsmen and injurious to its public relations. In effect, the student's good will is the only security behind the money he borrows from Harvard...