TAXATION: More Treacle

Tax-weary members of the House Ways and Means Committee sat back and gasped as President Roosevelt sent word to Congress that he would need $4,770,065,588 more for the U.S. Army, $3,323,000,000 more for the Navy and merchant marine—a total of $8,093,065,588 in additional authorizations for national defense.

Nor was that the end. This week the President made ready to ask Congress for a whopping big addition to the funds authorized for Britain and China under the Lend-Lease Act. It was hinted that the sum requested might come to as much as $7,000,000,000. In...

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