The Valve World, Volumen18

Crane Company, 1921

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Página 54 - The Allied and Associated governments," according to Article 231, "affirm, and Germany accepts, the responsibility of Germany and her allies for causing all the loss and damage to which the Allied and Associated governments and their nationals have been subjected as a consequence of the war imposed on them by the aggression of Germany and her allies.
Página 41 - ... let us consider one another to provoke unto love and to good works, not forsaking the assembling of ourselves together, as the manner of some is, but exhorting one another ; and so much the more, as ye see the day approaching.
Página 17 - Credit is the term used to express the trust or confidence placed by one individual in another, when he assigns him money or other property in loan, or without stipulating for its immediate payment. The party who lends, is said to give credit, and the party who borrows, to obtain credit...
Página 41 - And one of you say unto them, Depart in peace, be ye warmed and filled; notwithstanding ye give them not those things which are needful to the body; what doth it profit? Even so faith, if it hath not works, is dead, being alone.
Página 41 - If we are getting restless under the taxonomy of a monocotyledonous wage doctrine and a cryptogamic theory of interest, with involute, loculicidal, tomentous, and moniliform variants, what is the cytoplasm, centrosome, or karyokinetic process to which we may turn, and in which we may find surcease from the metaphysics of normality and controlling principles?
Página 55 - A report by the United States Department of Justice on the effects of the excess profit tax in this country said that it had increased the cost of some necessities over 23 per cent, to the consumers. It soon became well known to all in the Philippines that the tax. on sales was normally shifted along until the goods reached the ultimate consumer, and that on him the final incidence of the tax rested. And that as all must eat food and go clothed all must pay the sales tax.
Página 7 - Sec. 8. That nothing in this Act shall be understood or construed as applying to — (1) Any contract made before the date at which the provisions of this Act take effect ; (2) The construction or use in the arts, manufacture, or industry of any specification or drawing, tool, machine, or other appliance or implement designed, constructed, or graduated in any desired system...
Página 45 - ... is destroyed and annihilated. " Yet, it is not the sum of money, that is destroyed ; that has only passed from one hand to another, either with or without any return, as, when it passed from the...
Página 55 - The Philippine sales tax is not heavily cumulative, seldom exceeding 3 per cent., and normally less than 3 per cent, of the cost price of the goods to the ultimate consumer. Compare this with the luxury consumption taxes in this country, which run from 3 per cent, to 100 per cent, and on such necessities as the working girl and boy lunch at soda fountains will range between 10 per cent, and 15 per cent. A report by the United States Department of Justice on the effects of the excess...
Página 55 - The man who prepared the original plan for this tax, adopted by the Philippine Commission, and who served as Collector of Internal Revenue in the Philippines during the first six years of the operation of the tax, is Mr. John S. Hord. In the course...

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