GOVERNMENT: First Straws

During the bitter-end battle over the withholding tax, many a financial observer nibbled his nails, brooding over the effect of the tax on war-bond sales, retail trade, family budgets. Last week, after three weeks of taxing, the first straws were fluttering in. Nail-nibblers could relax.

> For the first 23 days in July, war-bond sales (Series E, F, and G) were $701,959,160, up 2½% over the same period in June. Redemptions were down 4%.

> In Michigan, where the tax clipped many a Ford, General Motors and Chrysler worker who had never paid...

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