Word: turnoveritis
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) Extended Germany's retail sales tax to all merchants. Those with an annual turnover less than 5,000 marks ($1,191) have been exempt.
Pools. Any Wall Streeter knows, but few Senators do, how pools are run. Because the risks are great, the pool's sponsor usually invites only his richest friends to form a syndicate. Each shares in the profits (or losses) in proportion to his subscription. Each usually makes a cash...
Until three years ago, the charge of the inefficiency of student waiters was a valid one. But since then, with a careful method of selection and a plan for reducing the rate of turnover, the waiters in the Freshman Halls have proved that they can be as efficient as professional...
Interest rates on loans, bonds and mortgages, public and private, up to 8 per cent, are cut to 6 per cent; and those above 8 per cent are cut by a quarter to one half. The Lombard rate (interest on security loans) is reduced from 10 to 9 per cent...
One of the major defects of the elementary schools arises from the calibre of the teachers which they attract, and the attitude these teachers have toward their work. The rapid turnover in collegiate faculties probably is surpassed by the lower schools. The chief reason for this is of course, financial...