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excess profits tax

(Encyclopedia)excess profits tax, levy on any profit above a standard level. Chiefly a wartime phenomenon, it is intended to increase revenue during periods of distress and to prevent businessmen from taking unfair...

Panmunjom

(Encyclopedia)Panmunjom, officially Panmunjeom pănˌmo͝onjômˈ [key], village, N South Korea. It lies south of the 38th parallel, the military demarcation line that partitions Korea. In the Korean War the truce ...

recoilless rifle

(Encyclopedia)recoilless rifle, light artillery piece, without recoil, usually operated by two men. An American invention, it was used as an infantry weapon for attacking fortifications such as pillboxes and bunker...

Incheon

(Encyclopedia)Incheon or Inchon ĭnˈchän, Korean ēnchən [key], city, Gyeonggi (Kyonggi) prov., NW South Korea, on the Yellow Se...

Terauchi, Masatake

(Encyclopedia)Terauchi, Masatake, 1852–1919, Japanese army officer and political. He joined the army in 1871, became military attaché to France (1882), inspector general of military education (1898), and army mi...

Marshall, Samuel Lyman Atwood

(Encyclopedia)Marshall, Samuel Lyman Atwood (S. L. A. Marshall), 1900–1977, American author and military analyst, b. Catskill, N.Y. Having served in World War I, he embarked upon a career in journalism, working a...

wage and price controls

(Encyclopedia)wage and price controls, economic policy measure in which the government places a ceiling on wages and prices to curb inflation. Also known as incomes policy, such programs have generally been avoided...

anti–Vietnam War movement

(Encyclopedia)anti–Vietnam War movement, domestic and international reaction (1965–73) in opposition to U.S. policy during the Vietnam War. During the four years following passage of the Tonkin Gulf resolution ...

Gall, Sioux war chief

(Encyclopedia)Gall gôl [key], c.1840–1894, war chief of the Sioux, b. South Dakota. He refused to accept the treaty of 1868 (by which he would have been confined to a reservation), joined Sitting Bull and other ...

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