Word: terms
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Dates: during 1940-1940
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...President in this hour of urgency had two ends in view. One was speed to meet a grim short-term deadline-the fair skies of spring in England, when Hitler may invade Britain. The other was to expand the whole U. S. economy into enormous productivity for the long-term struggle against a possibly victorious Axis -a project that was moving like a big river, so broad that the actual speed of the current was almost imperceptible...
Last week, to finish the two and a half remaining years of his six-year term, the Electoral College picked Finland's third hero: suave, British-knighted, wartime Premier Rysto Heikki Ryti, who owns the best Finnish voice for catching U. S. and British ears. As longtime Governor of the Bank of Finland, he can claim most of the credit for the "Finns-are-honest" reputation of his country, has appeared to U. S. citizens the champion of Finland's determination to pay its war debt...
Approved were the following drastic changes in Panama's governmental system: 1) increase in the President's term from four to six years, retroactive to include Arnulfo Arias' own term; 2) disfranchisement of all non-Spanish-speaking Negroes, prohibition of further immigration by these, by Asiatics and North Africans; 3) establishment of Government monopolies and expropriation of private property at the discretion of the President; 4) declaration of a state of siege if & when the President deems necessary. In the hands of a race-conscious, ambitious man-which Arnulfo Arias is-such a constitution could...
...Lowlands Blitzkrieg toppled them last May. Thus many a shareholder had paper losses this month on stocks bought before the May collapse. To deduct them from his 1940 taxable income, he had to sell the shares, turn his paper losses into real ones. He then could deduct his short-term losses (on securities held less than 18 months) from short-term profits taken on other transactions this year, carry any net loss over to deduct from next year's short-term profits. On long-term transactions (securities held more than 18 months) he could claim only half...
...years ago she was transferred to the Federal Prison in Mexico City. Belonging to an order of nuns whose vows are not perpetual, she was presently released, married another prisoner who had been sentenced for a previous attempt on Obregon. A priest, Father Jose Jimenez, also serving a term, for complicity in the Obregon murder, performed the ceremony. Fortnight ago, the pressure of popular opinion and the hard work of her previously released husband induced new President General Manuel Avila Camacho, who wants to be friends with the Church, to commute her term. As her fellow prisoners waved tearful farewells...