t HEARINGS BEFORE THE COMMITTEE ON FINANCE UNITED STATES SENATE SEVENTY-SEVENTH CONGRESS SECOND SESSION ON H. R. 7378 AN ACT TO PROVIDE REVENUE, AND FOR OTHER PURPOSES REVISED JULY 23, 24, 27, 28, 29, 30, 31, AUGUST 3, 4, 5, 6, and 7, 1942 Volume 1 Printed for the use of the Committee on Finance 76093 UNITED STATES WASHINGTON: 1942 11 CONTENTS Banser, John C., New York, N. Y., representing the Netherlands 1196 Batchelder, K. C., Seattle, Wash., traffic manager, West Coast Lum- bermen's Association__-- 1074 Beers, Henry S., Hartford, Conn., representing the Association of 483 Bell, Daniel W., Under Secretary of the Treasury. 13 Berry, Richard F., Hartford, Conn., representing the Connecticut 989 Blough, Roy, Director of Tax Research, Treasury Department Bodfish, Morton, Chicago, Ill., executive vice president, United States Bright, Joseph E., estate analyst, Buffalo, N. Y 469 Brooks, John W., representing Pass & Seymour, Inc., Syracuse, N. Y 425 219 Carroll, Mitchel B., representing the National Foreign Trade Council, 206 Chatters, Carl H., Chicago, Ill., executive director, Municipal Finance 643 797 Citron, William, representing Rit Products Corporation, Chicago, Ill. 155 419 Colerick, Guy, Fort Wayne, Ind., representing the Jefferson National 776 Conboy, Martin, of Conboy, Hewitt, O'Brien & Boardman, New 517 Cowan, Nathan E., representing the Congress of Industrial Organiza- 312 Davidson, Clinton, representing Fiduciary Counsel, Inc., Jersey City, 263 Dorety, F. G., St. Paul, Minn., vice president and general counsel, 881 Duhig, Stanley W., vice president and treasurer, Shell Union Oil 512 Statement of-Continued. Eagle, J. Frederick, of Patterson, Eagle, Greenough & Da Fernald, Henry B., Montclair, N. J., chairman, tax com Fletcher, R. V., Washington, D. C., vice president, Associat Forster, Henry, of Brown, Wheelock, Harris, Stevens, Inc. Forster, H. Walter, president of Towers, Perrin, Forster & C Fox, Charles J., city auditor, Boston, Mass. Fraser, A. D. R., Rome, N. Y., representing Rome Cable Corpora Gadsby, G. M., Salt Lake City, Utah, president and general mar Gilman, Mrs. S. H., Irvington, N. J., representing the New J Glassgold, George M., New York, N. Y., representing Coin Ma Goldman, Albert D., Baltimore, Md., director, Automotive Part: Goldman, Julian, president, Goldman Stores Corporation, New Goldstein, Meyer M., director, Pension Planning Co., New York, Haggerty, John B., Washington, D. C., representing the Internati Hamley, Frederick G., Olympia, Wash., director, Washington S Hansen, Arthur S., consulting actuary, Chicago, Ill Harbaugh, M. D., Cleveland, Ohio, vice president and secret. Hardgrave, Arthur, Chicago, Ill., representing the Pepsi-Cola Bott Hawley, John B., Jr., president of Northern Pump Co., Minneapo Hayes, T. C., Terre Haute, Ind., president, Loudon Packing Co. -- Henderson, William B., Washington, D. C., executive vice preside Air Conditioning and Refrigerating Machinery Association, Inc. Holland, Hon. Spessard, Governor of the State of Florida_ Hooper, John W., Brooklyn, N. Y., representing the Brooklyn Char Hotchkiss, C. F., Jr., president, Stow Manufacturing Co., Bingha Hoyt, Fred, vice president and comptroller, Carrier Corporatio Hughes, John E., Chicago, Ill., on behalf of the Chicago Bar Associa Hyde, William Truslow, Jr., of Josephthal & Co., Scarsdale, N. Y Jaretzki, Alfred, Jr., of Sullivan & Cromwell, New York, N. Y Katz, Mrs. Julia, representing the Congress of Industrial Organiza Kellogg, Howard, president, Spencer Kellogg & Sons, Inc., Buffalo Kelly, William J., president, Arthur J. O'Leary & Son Co., Chicago, 914 361 472 1031 565 1135 Little, Royal, president, Atlantic Rayon Corporation, Providence, Lutz, Harley L., professor of public finance, Princeton University. of Life Insurance Underwriters.. McClintock, E. I., president of the Sydney Ross Co., and Sterling Products International, Inc.. 549 761 McGovern, Maurice T., Habana, Cuba, representing the American McGrath, James E., Buenos Aires, Argentina, representing the McNeny, Frank L., Dallas, Tex. 961 Marsh, Benjamin C., Washington, D. C., representing the Peoples 226 Miller, Robert N., Washington, D. C., chairman, excess profits tax 351 1 Morris, George, Washington, D. C., chairman, tax section, American 367 Nave, Cyril W., Rio de Janeiro, Brazil, representing the American 747 Nixon, Russ, representing the United Electrical, Radio and Machine Norman, J. V., Louisville, Ky., representing certain coal producers - Norris, K. T., Los Angeles, Calif., president, Norris Stamping & 328 Parton, George F., New York, N. Y., president, New York State Safe 370 Patton, Thomas F., Cleveland, Ohio, representing Republic Steel 908 Paul, Randolph E., Special Tax Adviser to the Secretary of the 11 Porter, J. W., president, Alabama By-Products Corporation, Bir- 883 Powers, Leland, Boston, Mass., representing the Associated Industries 707 |