On the train ride home from his neighborly visit to Ottawa (see CANADA), Harry Truman paused for a look at Niagara Falls. He remarked thoughtfully: "I'd hate to go over 'em in a barrel."

Last week he was back in Washington on the edge of a political Niagara. Harry Truman studied the hoops and staves of two barrels which awaited him—the labor bill (see col. 2) and the Republicans' income-tax-cut bill.

The tax bill came first. If he signed it, he would reverse five months of Administration protests against income-tax cuts in 1947.

A veto, on the other hand, would require a decision...

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