The Waterbury Democrat., 1938-08-24
MAGILL RESIGNS FROM TREASURY.
Under Secretary Shaped Many New Deal Fiscal,
 Tax Policies
By FREDERICK 4. STORM United Press White House
 (,NrraMnOnAeuti

COrresp0ndent)
 Hyde Park, ". Y, Aug 24-(UP) President Roosevelt accepted to- day the resignation of Under -Secre- tary of the Treasury Roswell Ma gill, the man credited with shaping many New Deal fiscal and tax poli- cies. Magill's resignation becomes effective September Is. In his letter to the president, he pointed out that he had agreed to leave his teaching afiiliation at Columbia university, New York city, only un- til September this year, but would remain "on call" to serve the ad- ministration further if the presi- dent wished.
 MT. Roosevelt in reply thanked Magill for his services and for his willingness to serve again and ex- pressed regret that he was leaving. Magill obtained leave from Colum- bia where he is professor of law, in January, 1937 The correspondence between him and the president, made public by MT. Roosevelt, follows:
 Letter of Magill
 My Dear MT. President: You will recall that when I accepted appointment as under secretary of the treasury in January, 1937, I ar ranged for a leave of absence from Columbia university law school to permit me to serve until September, 1888. I, therefore, desre to submit my resignation as under-Secretary to be effective as of September 15, next.
 T have thoroughly enjoyed my service in the treasury, and in par ticular the privilege of association with you, and with Secretary Nor genthau. The attainment of the ideals of fair and adequate fed- eral tax system, coordinated with the revenue system of the states i, and of tax administration organ ized to determine the citizens lia- biity promptly and economically, is a complex task, requiring planning on broad front, and cooperation among many governmental agencies and officials. Problems of this sort cannot be quickly solved, or indeed solved once and for all, but they must be constantly attacked. I am glad to have had an opportunity to participate in the treasury s work upon them.
 If occasion arises when I may serve you again, hope you will call upon me.
 Faithfully yours,
 Roswell Magill."
 Answer of President
 The president replied:
 My Dear Ross: It is with very genuine regret that I accept your tendered resignation, effective as Of September IS, 1888.
 'I want you to know how much I appreciate your giving the time you have, and your generous offer to serve again on call It has been grand having you work with us rendering such splendid service to the government.
 with warmest personal regards,
 "Very sincerely yours,
 Franklin D. Roosevelt"
 MagilI Tax Exper.
 Magill was the treasury depart ment's tax expert. One of his last major assignments was the presen- tation to congress of the admins tration's recommendations for the 1888 tax bill.
 Before his appointment as under secretary, he had served the treas ulry twice for extended periods as special consultant on tax leglsla- ton. In 1923 and 1924, he was spe- cial attorney and chief attorney in connection with consideration of the revenue act of 1924. In 1883, he was appointed assistant secretary Of the treasury.
 Early this year he set forth be- fore the house ways and means committee and the senate finance committee the administrators rec concentrations with respect to taxa tion and the new tax bill. Gener- ally, he was considered an advocate of President Roosevelt's pet tax plans-the undistributed profits tax, which was virtually scuttled by con- gress, and the capital gains and losses tax, which was drastically modified.
 It was Magill upon whom con- gressional committees called for estimates of revenue in changes being considered for the tax laws. He and his staff also, at various times, have prepared statistics on the additional revenue which revi- sion of the present system of tax exemption of government bonds