In Franklin Roosevelt's sub-Cabinet last week a long-vacant place was filled, a long-filled place was vacated. For nearly twelve months since T. Jefferson Coolidge resigned because he disliked the New Deal's mounting debts, the job of Under Secretary of the Treasury had been vacant. Last week, giving up futile efforts to find for the job an expert in the technique of floating Government bonds who had no connection with Wall Street, the President sent to the Senate the name Roswell Foster Magill. Not a bond expert but a tax expert, Mr.
Magill, a...
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