Word: reductionism
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1) "The creation of a body of international law," the reduction of international relations to "established rules of conduct."
The President sent to Congress the budget estimates for the fiscal year of 1926 (July, 1925-June, 1926) with the usual message explaining and amplifying the recommendations. Said he: "We have before us an estimated surplus of $67,000,000 for the next fiscal year. If we continue the campaign...
It is presumed that the 1924 refunds include those made on account of the 25% reduction in income tax for 1923. The list of refunds was in eight books of about 10,000 pages each. The revenue act requires that such a report on refunds be made.
3) Reduction of present list of prohibited imports.
4) Tariff adjustments where different grades of the same article are adversely affected by a reduction of duties. (Protection for the Lancashire cotton mills).