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...either to odd coincidence or bitter design, there has been a tax fight between wealthy Senator Couzens of Michigan and wealthier Secretary Mellon of the Treasury Department, since 1925. It was a fight over Senator Couzens' profit tax on his shares in the Ford Motor Co., which he sold in 1919. Last week, Senator Couzens won the fight and the Treasury Department lost perhaps $2,000,000 in refunds to Senator Couzens and eight other onetime Ford stockholders...

Author: /time Magazine | Title: THE CABINET: Flivver | 5/14/1928 | See Source »

...years later, during an investigation of the Internal Revenue Bureau by a Couzens-headed committee of the Senate, Senator Couzens was notified that his profit-tax payment of 1919 had been far from adequate; please to pay some $10,000,000 more. Senator Couzens charged that some one in the Treasury Department had been told to look up his back tax returns and see if anything could be "gotten on him." But the Treasury Department denied this and said that the 1919 Ford stock profit item had been called to its attention by a letter-writer. The Treasury said that...

Author: /time Magazine | Title: THE CABINET: Flivver | 5/14/1928 | See Source »

...cannot stomach this way of making profit of a tragic situation under the mask of charity. Here we have everything that is necessary, and we do not need people to come from the United States to bring us serum. We can get along without American doctors be they the most accomplished specialists of that great country...

Author: /time Magazine | Title: Medicine: Pneumonia Flight | 5/7/1928 | See Source »

Bottled is not, as the title might imply, a noisy melodrama of ginthetic sin. Rather, it is a quiet and delicious little comedy about the descendants of a Kentucky distiller who have inherited his plant but who are unable to profit thereby because of the exigencies of the Volstead law and the severities of their progenitor's robust and thrifty widow. At last, after selling her their shares in the enterprise so that she may continue her proud traffic in bootleg, they go away from the old distillery on various romantic errands. Bottled was written by Anne Collins...

Author: /time Magazine | Title: Theatre: New Plays in Manhattan: May 7, 1928 | 5/7/1928 | See Source »

...under certain circumstances. Therefore she cannot sign the simple, blanket Kellogg Peace Pact. Doubtless most other foreign Powers are similarly circumstanced, and possibly even the U. S. Congress would refuse to bind the U. S. by the Kellogg formula. But meanwhile the U. S. Republican Party should reap political profit by forcing from as many foreign states as possible the admission that they must refuse for the present to sign a treaty "renouncing...

Author: /time Magazine | Title: INTERNATIONAL: Grotesque Pact | 4/30/1928 | See Source »

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