Milford chronicle., 1939-06-02
FROM CONGRESSMAN
GEORGE S. WILLIAMS

.
measure appears certain of passage
Pat Harrison, Senate Finance Com.
mittee chairman. has received assur.
ance from the President that he
would no longer stand in the way OF
limited revision. The new tax bill
will probably embody at least the fol-
lowing: l. Repeal of undistributed
profits tax. 2. Adoption of an IS per
cent corporation tax: 3. Three-yeaI
carryOYer for operating losses. An
immediate conference is planned be-
tween Senator Harrison and Con
eressman DOughton. chairman of the
Ways and Means committee. Harri-
son indicated that every means OF
expediting passage of the measure
in the Senate is assured.
DEBTS-At the annual dinner of
the Chamber of Commerce of the U.
s.. Senator Pat Harrison, Democrat
OF Mississippi said Debts and inter
est charges never sleep. and when
pay day comes. which il assuredly
will governments. like individuals.
must pay or seek refuge in bankrupt
cy cOurts and experience an impair
ment of credit. With world condi-
tiOns unsettled. threats and rumors
of war ON every hand, we must place
our house in order. Why. in the
light of past experience, after six
years of trial and continued applica-
tion of the spending theory, should
We not follow prudence and caution,
detour from the road we are now
travelling. and continue our journey
for while at least over safer and
less dangerous highway"
HELP AMERICA FIRST-Maybe
European nations need our help.
Maybe We could lend a hand as we
did in the last war with our money.
We could supply arms, munitions.
and materials incidental to war. They
could have our goods. our money, our
men, our military. naval and aviation
sources, just as they had them in the
last war when we were drawn into
Europe's slaughter house. AS a re-
suit of that war we have bills owed
MS tOtaling ten billions of dollars
from these European powers. We
have America TO help. America must
come first always with us. Why
should we put our money and thought
TO work for other countries when we
reed il here at home? We are trying
to weather a 10-year-old depression.
Millions are unemployed here and
poverty is prevalent throughout the /
land. Taxation increases. Our farms
and our factories are going back, and /,
the American standard of living is
on the decline. Let us be American ,
and attend to America. We should |
buy what America produces. We
should not bring in a single thing .
from other countries that would keep /
IN American workman idle. America
must be helped first.
o.
PUERTO RICO-One of the worlds
most important naval bases will be
at Puerto Rico. The wide
mouth harbor at San Juan is to be
into a base to rival such
as Gibraltar, Singapore,
and Heligoland. Congress has au-
ihOrized expenditure of $4,000 600 by
The Navy at Puerto Rico. over the
next three years. The army. in addi-
ton, has established a new Military
in the Caribbean 10 be
known as the Puerto Rican Depart
ment. its headquarters to be in San
Juan. Admiral William d. Leahy has
been appointed Governor to Puerto
Rico to take office when his term as
Chief of Naval Operations expires.
The money appropriated will go for
hnrbor improvements. construction
Of landing fields, construction of a
base for patrol plane squadrons and
facilities for training of carrier
groups. When completed the Navy
will have a new air and submarine
base.
WAR DEPARTMENT BILI1-The
House passed the War Department
civil functions appropriation bill
$3O5. 1000 900 of which $277,-
l00. 900 is for rivers and harbOrs and
food control improvements. An ON
nibus rivers and harbors bill was
also passed by the House authorizing
ss4.000.O00 of future appropriations.