Word: offsetting
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Dates: during 1930-1939
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...anxious or willing to face. Nevertheless, it would be absurd to claim that there have not been in the past and will not be in the future, many, who having choose the field of Fine Arts for a career, did not find values which not only offset but compensated for the disadvantages I have enumerated
Here he was in luck. He soon discovered that of Manny Rosenbaum's 4,000,000 bu. of grain contracts, the commitments on the long side were more than offset by contracts on the short side. Liquidation would not dump quantities of grain on the market at once. By agreement with the banks, who had most of Manny Rosenbaum's spot grain as collateral, the Board of Trade Clearing House selected a group of independent brokers (whose names were kept secret) to close out the Rosenbaum open contracts privately. Within a half hour after the market opened. President...
Certainly he had, replied Mr. Mellon. It would have been "stupid" to do otherwise. But only conscience and patriotism had made him pay any tax at all. "I could have, at the time," countered he, "selected enough losses to offset any or all taxes that might have been due. But I felt I still had an income and ought to pay a substantial tax. So I sold Pittsburgh Coal largely to adjust the figure and reach an amount that would be in my mind a justifiable and fair...
...athletic plants. Even a rise of twenty-five per cent in gridiron receipts would bring the H.A.A. income to less than half the 1929 figures. In addition to this, the rise of professional football, voted by the nation's sportswriters as the most significant event of 1934, tends to offset "recovery" in amateur football...
...family had paid taxes on that house for 50 years to procure fire protection, yet in the only fire we have had, your department, through inexcusable carelessness, was unable to protect me. What redress will the city offer me in the way of freedom from further taxes to offset this calamity which has happened to me? I would like your reply before I take the matter to court...