The Waterbury Democrat., 1944-06-20

Whether or not you agreed with Gen. Marshall at the time, there was no question that his state ment was bitterly resented by labor. Labor chiefs protested at the White House.
 However, what could not be ex- plained at the time was this. The Chief of Staff had just returned to Washington from the Teheran Conference, at which 1t is now known that vitally important de- cisions were made for a second front. Those decisions meant that, beginning few days after Christmas, the Army would begin the movement of several hundred thousand men (the number must still remain secret) to the sea- board for shipment to England. The movement of those troops would put a terrific burden on the railroads.
 General Marshall was one of the few men who knew about this. Coming back to Washington, he found the country on the verge of a railroad strike which might tie up its entire transportation system around January l, just as the big movement of troops was scheduled to start.
 That was why he felt so wrought up, and why he delivered his press conference blast accusing labor of delaying the war.
 JUDGE VINSON ROLLERS
 A labor delegation was calling on Senator Happy" Chandler of Kentucky recently when Happy picked up the telephone to answer a call from Economic Stabilizer Fred Vinson, also from Kentucky.
 Vinson was asking Senator Chandler to vote with the Ad- minisrtation against the Bankhead amendment to the price control bill, explaining that the amend ment in his opinion seriously mu- tilated price control.
 "When was appointed to this 9 job, said Judge Vinson. 'you came around and you patted me on the back and you shook hands and you told me, Now, if you ever want anything from me, just you holler'."
 However, the Senator from Kentucky turned a deaf ear, in- dicated that he would vote against Vinson and for the Bankhead amendment.
 "All right" said Judge Vim son, as he hung up, but I just want you to know that hOl- lered."
 PENSIONS FOR EXECUTIVES
 Senator Bob Taft of Ohio isn't advertising it yet, but close friends says he is fed up on the gilt edge pension racket of certain of his big business friends.
 The pension dodge is a plan whereby big corporation executives don't take all of their salary now, but have part of it set aside as a pension fund, payable when they retire. This means that their companies can deduct the pension fund from the companies taxes now, and the executive doesn't have to pay any taxes on the pen sion until some years hence when he receives it, at which time tax eS (we hope) will be lower.
 In some eases, pensions have been set aside running up to future payments of $5O,0OO a year. Since most manufactur- CTS are busy on war contracts, this means that the Government really pays the pension.
 Senator Taft was persuaded to get into this by one of his big business constituents, J. F. Lin- coin of Cleveland, head of the Lincoln Electric Co.,, who has been engaged in a hot argument with the Treasury over his own pension fund.
 However, Taft has about come to the conclusion that pensions should be limited by law to around $10,0OO annually, which is going to be very bad news to some of his friends who have been trying to tuck away far more than this each year.
 NOTE: The man who does the biggest business in pension tax questions is Ellsworth Alvord, tax lobbyist for the U. s. Chamber of Commerce and close friend of Sen. . George of Georgia. Alyord is credited with having a big hand in writing the tax laws each year. He also has lush list of clients