T-Day Dawns

Even hard-boiled Collectors of Internal Revenue, who are not easily fazed, were fazed on "T" (for Tax) Day. Thousands of little wage-earners, filing their first returns under the new tax law's dwarf-high exemptions ($750 for single persons), owed no tax at all. Hundreds of them paid up just the same. They sent in checks ranging from $5 to $100—unsolicited gifts to the Government, to help win the war.

Loan offices had expected to do a land-office business. For the last month, Morris Plan Banks all over the U.S. had urged needy citizens to...

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