FISCAL: The Hard Way

Few weeks ago needle-witted Tom Connally, senior Senator from Texas, blithely predicted that the 1941 tax bill would "just jerk 'em out of their shoes." Although the jerk won't come until March 15, 1942, last week the U.S. and Congress got their first clear look at the Treasury's new forceps. The public, with only a few painful gulps, stood up to the frightful sight like a brave little man, but Congress fainted dead away. Later it opened one eye to ask for plenty of anesthetic during the operation.

The dentist who stood ready to...

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