TAXATION: Invitation to Indignation

To Congress and the public President Roosevelt last week gave the evidence which had caused him to release a blast at wealthy tax-dodgers (TIME, June 7). It was in the form of a 3,000 word letter from Secretary Morgenthau and amounted to a short course in the art of tax-dodging as perfected by high-priced lawyers.

Bill of Particulars. Mr. Morgenthau listed eight kinds of tax-dodging, all of which he classed as "moral fraud": 1) setting up personal holding companies in the Bahamas, Panama, Newfoundland and other places from which tax money cannot be...

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