THE CONGRESS: Work Done, May 16, 1938

The Senate:

¶ By unanimous voice vote, approved the compromise tax bill drastically modifying the corporate surplus-profits tax, substituting flat rates for the graduated capital-gains tax.

¶ Passed the $1,156,000,000 bill to expand and rearm the naval forces. C. Sent to conference a bill authorizing addition of one judge to the Second, Third, Fifth, Sixth, Seventh Circuit Courts of Appeals; appointment of 15 new district judges; and addition of one associate justice to the District of Columbia Court of Appeals, three to the District of Columbia District Court.

¶ Passed a bill authorizing the...

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