Word: reductionism
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Some of the same bonds were also offered (exclusive of the cash offering) in exchange for Third Liberty Loan bonds due Sept. 15, 1928, and Treasury 4¾% notes and 4% certificates maturing Mar. 15, 1925. These exchanges were not closed as was the cash subscription book, for good reason...
Some of the nine important executive agencies outside the Cabinet to make reports were: ¶ The Veterans' Bureau, which spent $415,138,398 during the last fiscal year- $28,000,000 less than the year previous. The reduction was largely due to a decrease in the number of veterans...
2) Eventual reduction of income surtaxes with a view to securing greater revenue and reducing the burden on business.
This desire to eliminate waste has taken the Secretary of Commerce into strange fields and into many different problems. His Department has struggled with such questions as unemployment, seasonal construction in building, coal mining, super-power possibilities, standardization of products, cooperative marketing and the reduction of housing costs. Even trade...
Professor A. A. Young, Professor of Economics said: "I do not agree with President Coolidge's statement that the bases of taxation should be scientifically revised downward as it does not seem to me that tax reduction is a matter of prime importance at the present time. I heartily agree...