The Wilmington morning star., 1940-06-09
SECOND BILLION
FOR ARMS ASKED
CONTINUED from Page One)

mittee and treasury officials have
been asked to have bills ready at
the opening of the next session OF
congress which will enable the
government, through taxes, to cap
ture any excess profits, and also
to provide for special amortization
for national defense industries.
The full committee approved,
with minor changes, the bill draft
ed by. a subcommittee which is
designed to raise ST. 06, DOC, 900 a
year to pay off emergency nation
al defense costs in five years.
The measure reduces personal
income tax exemptions, imposes a
10 percent supertax, increases the
corporate income tax n percent
and increases excise and surtaxes.
The only changes the full commit
tee made in the subcommittee
bill dealt with excise taxes.
The committee said the excess
profits tax, if the next congress
desired, could be made to apply
to 1910 income.
Chairman Doughton O-NC) of
the committee said the tax bill
would be taken up in the House
Tuesday. Prompt action in the Sc
nate, once the House acts, was
forecast by chairman Harrison Cd
Miss of the Senate finance COM
mittee.
Harrison said he thought the
House committee had done "a
very remarkable job" in bringing
out IAN equitable tax bill" under
the pressure of emergency de-
mands.
While the tax bill is aimed at
raising all the money now propos-
ed for emergency defense, with
some to spare, there was talk on
Capitol Hill that congress might
be asked for an additional $1,000
600, 900 for the army if the Ger
mans should break through to Pa
ris before adjournment of this
session.
Both the White House and the
war department said, however
that no request for additional funds
was now contemplated.
Rep. Snyder (D-Pa), the chair
man of the House military appro-
priations subcommittee, said n e
thought an additional approprla-
ton would be advisable if the
French army should collapse.
england Next"
SNYDER said that on the basis of
Hitler's past performances IN Po-
land, Norway, Holland and Bel
GUM, it was felt that if he con-
ouers France, the next objective
would be England.
'Then the next step would be
toward Brazil" Snyder said.
Therefore, if we are thinking
in terms of western hemisphere
defense, we will have to have an
additional 81, 900, 900, 900 as 500 as
it appears the drive toward Paris
might succeed"
President Roosevelt already has
requested approximately $4,000
900, 900 in defense OUTLAWS at this
session. At the White House, it was
emphasized that no request for ad-
ditional funds was in prospect at
present.
Stephen Early, press secretary,
said in a statement that the Pres
ident will not at this time ask the
congress for additional funds in
any amount for the ~furtherance Of
the national defense program"
Defense preparations proceeded
apace during the day. Develop
ments included:
% Approximately 100 heavily
armed attack planes, especially
designed to harass enemy troops
from low attitudes, were earmark-
ed by the war department for poss-
ible fighting in France, under the
administrations trade in" ar
rangement for army and navy
planes.
The craft are Northrop single
motor attack planes. which the ar
my air corps relegated to non-
combatant utility roles last year
primarily because of their limited
range of action. They will be turn
ed back to the manufacturer who,
in turn, will be free to sell them
to the Allies.
Airmen said the planes e
well adapted to the relatively short
distances in Europe and express
ed confidence they were at least
the equal of similar craft employ
ed by the Nazis to "~strafe' the
Allies in Flanders.
10 Officers of the International
association of chiefs of police met
with j. Edgar Hoover, director of
the federal bureau of investigation,
to set up a program of cooperation
in national defense matters. A
spokesman for the group said that
the regularly constituted law en-
forcement officials of the country
were prepared and adequately
equipped to handle national de-
tense matters so that there is no
need for any vigilante groups"
90 Plans for extending federal
loans to industry for plant expan-
sion under the national defense
program were discussed by Presi-
dent Roosevelt and Jesse H. Jones,
federal loan administrator.
After the White House confer
ence Jones said that many inquir-
les and requests for loans had been
received, but none had actually