Word: virtually
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Dates: during 1960-1969
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...control. No longer are such fields as petroleum and synthetic rubber to be dominated by the "public sector," i.e., state-owned. American investors have been guaranteed dollar compensation if the Indian government should decide to expropriate a business. A new flock of tax incentives has been introduced, including a virtual tax holiday on profits during the first five years...
...seminar program’s virtual lack of format, the result of a vague Faculty ruling and of administration by the Advanced Standing Committee, has permitted individual leaders almost complete freedom. The result has been pursuit of special interests, appropriately scaled down to Freshman proportions but scarcely adjusted to the real potentials and limitations of a Freshman program...
NEXT to the oil depletion allowance, the hoariest unsettled tax argument in Washington involves the virtual immunity of giant cooperatives from income taxes. More than 10,000 co-ops gross more than $13 billion a year, yet pay less than 6% of their profits in federal and state income taxes, compared with the 52% federal corporate tax alone. This year, in his budget message, President Eisenhower asked for new taxes for coops, and last week the House Ways & Means Committee started hearings on the question: How much should co-ops be taxed...
...trouble today," says San Francisco's Hoover, "because for the last 20 years we have been putting our transportation eggs into one basket - the development of facilities for the private automobile to the virtual exclusion of every other form of transportation." The answer to the problem, most experts agree, is neither to outlaw the auto mobile in cities, nor abandon the commuter to his fate, nor adopt such oft-suggested schemes as the monorail or the far-fetched "pneumatic tube for people." What the nation's big cities need, if they are not to become monstrous masses...
Playwright Levitt has made good use of two strong natural assets: a stormy trial, always a virtual synonym for lively theater, and one of the great mass-horror stories of history. Upon these he has raised, with frequently discernible modern overtones, a large moral problem of guilt. Well acted under Jose Ferrer's uninhibited staging, the play offers an evening that has much in its favor in both theme and treatment. It has both bursts of eloquence and bouts of theater...