When Congress passed the first U. S. peacetime conscription bill, many a businessman fretted over troubles it might make for him. His chief worry was: the Act contains a provisional moratorium on draftees' debts. It re-enacts the Soldiers' & Sailors' Civil Relief Act of 1918, which permits the courts to postpone draftees' obligations (depending on their ability to pay). In Congress now are bills giving conscripts additional relief from taxes, rent, insurance. But by last week, having studied the draft, most businessmen decided it would not make them as much trouble as...
To continue reading:
or
Log-In