Word: postalized
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...TIME . . . fair and impartial in all things . . . make such a brazen misstatement as that in your article, issue of April 11, headed "Taxation," subhead "Communications." "Post Office Department begging Congress to increase first-class postal rate to make that service self- sustaining...
Communications. For the last year the Post Office Department has been begging Congress to increase the first-class postal rate to make that letter service self-sustaining. So unpopular was the request that not a single Congressman could be found to introduce the necessary legislation. Yet last week the House upped the rate from 2¢ to 3¢ without a struggle. Estimated yield...
...would the House tax bill raise that amount? There was some doubt about it last week. The Ways & Means Committee estimated that its measure would produce $1,032,400,000 extra cash; reductions in budgeted expenditures for 1933 were figured at another $200,000,000 and minor postal rate increases at $30,500,000. Thus by increasing receipts and cutting expenditures the Treasury would receive a total of $1,262,900,000 more than it now is getting, or $21,900,000 above Budget-balancing requirements...
Like the Epsom Derby, the Manchester November Handicap, the Grand National is the subject of world-wide lotteries. This year U. S. newssheets were warned by the postal authorities that they would be prosecuted for advertising lotteries if they published the names of lottery winners in mail editions. Many a paper published the names of winners last week in their city editions but did not brave...
...House Ways & Means Committee had drafted, without politics or partisanship, a bill to raise by taxation $1,096,000,000 above current receipts. To make up the difference the committee anticipated a $125,000,000 cut in Government expenses and a $25,000,000 increase in postal income. If all worked well, which it rarely does, the Treasury would squeak through 1933 with $5,000,000 to spare. The new or increased taxes before the House and the estimated revenue from each were...