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...Surtaxes, beginning with 1% on $10,000 and advancing to 40% at $500,000 (Senate), or beginning with 1½ on $10,000 and advancing to 37½% at $200,000 (House). On the settlement of this difference, slight though it is, will largely depend the question of whether the bill will bear a Democratic or Republican label...

Author: /time Magazine | Title: TAXATION: Altered and Passed | 5/19/1924 | See Source »

...results of which were said to be important, but about which much reserve was evinced in official quarters. Britain. The so-called " Truce of God"- has given the Labor Government absolute power to back the Dawes plan. Premier MacDonald has been inflexible in his determination to seek an economic settlement of the reparations problems, and on this basis and that of the Dawes plan he met and rebuffed conflicting advances. His unbending attitude, strengthened by unanimous support at home and by Italy abroad, was considered to have been a strong point in favor of " unconditional acceptance of the Dawes plan...

Author: /time Magazine | Title: REPARATIONS: Smoothly, Softly | 5/12/1924 | See Source »

...Financial troubles continued among the harmony-dispensers of the brotherly city. The union musicians and the management were still at loggerheads. One day Thomas Rivel, president of the union, announced that a settlement had been reached, only to counter the following day with a statement that the Warring forces were just as far from peace as they were when the trouble began (TIME, April...

Author: /time Magazine | Title: Music: Nonsense Syllables | 5/12/1924 | See Source »

...guarantee the peace of the world. There are certain definite things, however, that I believe can be done. . . I believe that among these are frequent international conferences suited to particular needs. ... It would appear to be impractical to attempt action under present conditions, but with a certain and definite settlement of German reparations firmly established, I should favor the calling of a similar conference to achieve such limitations of armaments and initiate plans for a codification of international law, should preliminary inquiries disclose that such a proposal would meet with a sympathetic response...

Author: /time Magazine | Title: A Speech | 4/28/1924 | See Source »

Chancellor Marx accepted for Germany the Dawes reparation plan as a basis of a settlement. There was no evidence to show that the present German Government had not given up resistance to the reparations clauses of the Versailles Treaty...

Author: /time Magazine | Title: REPARATIONS: Optimism | 4/28/1924 | See Source »

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