Word: reductionism
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Stationary but not unoccupied, the tax reduction bill remained in the Senate Finance Committee, preparing for its appearance in the upper House. The most important thing which befell the bill was the displacement of the Longworth compromise tax rates (maximum surtax 371/2%) by the original Mellon rates (maximum surtax 25...
Complete reorganization of the Student Council, including a reduction of the present membership of the Council from 33 to 15, and a provision for the election of the first ten members of this smaller group by the two upper classes, was the decisive change passed by a two-thirds majority...
It is the same way with Congress. It removes its black felt political hat, scratches its earnest political head and wonders: "Shall we have Mellon's tax reduction? Shall we have Garner's? Shall we have a bonus?" The sanity of the proceeding depends entirely on how much surplus revenue...
So the bill went on to the Senate which may possibly 1) put in a cash alternative to the insurance bonus; 2) pass the bonus before tax reduction. But one thing may be expected of the Senate?it will surely pass the bill.
House of Commons. By a vote of 343 to 13 the House rejected a pacifist motion introduced by Walter Ayles, a young Quaker Labor-Socialist, representing North Bristol, proposing a sweeping reduction in the British Army of 150,000 men. The authorized strength of the British Army is 225,588...