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Because charities fear that the President's proposals for higher taxes on wealth will make philanthropists tighten their purse strings, charitarians descended on Congress with a counter proposition: let gifts to charity by corporations be specifically exempted from income tax. like charity gifts made by individuals. When newshawks put the proposition...

Author: /time Magazine | Title: THE PRESIDENCY: Bachelor Hall | 8/5/1935 | See Source »

...Moscow last week the Widow Lenin put in her 2? worth against Josef Stalin's current drive to reduce the Russian divorce rate and inculcate a few bourgeois virtues among Soviet mates. Russians had heard rumors, and foreign correspondents had obtained confirmation, that the Dictator will soon drastically tighten up proverbially loose Bolshevik divorce laws. In a panic to get in under the wire, every Moscow mate who has recently thought of divorce was last week jamming the official bureaus, called "Zags," and they had the entire sympathy of the Widow Lenin...

Author: /time Magazine | Title: RUSSIA: Zags Jammed | 7/15/1935 | See Source »

...boats splashed away from the start and then settled down to keep within striking distance of Washington, making the early pace. One mile down the river, Washington was still leading, with Syracuse and Navy close behind when the race began to tighten. First Cornell, then California began to creep up on the leaders. At the Railroad Bridge, three miles from the start, Syracuse dropped back. Cornell and California, passing Washington, were fighting each other for the lead. The fight went on down the last mile of the river, level and murky in a late afternoon drizzle. Twenty-five strokes from...

Author: /time Magazine | Title: Sport: Crews | 7/1/1935 | See Source »

...lira rests on none too firm a foundation. Germany's condition would cause less stoical a man than Hitler to weep. Her trade balance would be justly complimented by being called unfavorable, and her political stability is almost wholly dependent on the extent to which Germans are willing to tighten their belts without resort to revolt. The Saar plebiscite is not yet over, nor is the question of how Germany will be able to meet her payments to France for the Saar coal mines. But the most serious problem of all, which has recently been disturbingly quiescent, is that...

Author: NO WRITER ATTRIBUTED | Title: USELESS OPTIMISM | 1/4/1935 | See Source »

...Department found itself in a morass of legal tangles arising from the difficulty of deciding what needs are ''reasonable." It was clear from last week's outpouring of extra dividends that many a corporation had decided to split swollen surpluses with its stockholders before Congress meets in January to tighten the revenue law's definitions...

Author: /time Magazine | Title: Business: Surplus Sock | 12/10/1934 | See Source »

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