Milford chronicle., 1958-10-17

Mr. Williams rapidly built a
reputation as a man who didn't talk
often but knew what he was talk
ing about when he did His ,disclo-
sures over the years have led to
such law changes as these: Length
ening the statute of limitations for
prosecution of Government officials
guilty of embezzlement or taking
bribes; denial of tax deduction for
political contributions; tougher
penalties for employers who don't
pay to the Government taxes with
acid from their workers salaries t;
denial of deduction of k:cKbacks
and bribes paid officials of foreign
governments; elimination of gift
and estate tax advantages for US.
citizens residing in the Virgin
Islands or other US. possessions !;
termination of situations under
which mutual funds can pay out
ax-free dividends to their share
holders in years of heavy capital
osses.
Backs Benson
The Delaware Senator has not
concerned himself solely with tax
IS and scandals, however. AS a
member of the Senate Agriculture
Committee, he has supported Ag-
riculture Secretary Benson's ef-
sorts for a more flexible price sup
JOrt system. On the Senate floor,
Ie has continuously and frequent
~ successfully endeavored to side
rack proposals for bigger subsi-
lies for farmers, miners, and other
sroups. He himself has steadfastly
'efused to take Government money
or his own farms-soil conserva-
ion, soil bank, or other programs
He comedies the charge of his
Democratic opponent that his own
IOting record is a negative" one
n that he has opposed many spend
.ng bills, but say this is as it should
le and will continue to De. When
he Federal Government takes over
ocal spending programs, he ar
cues, there is a 300 brokerage
zee" for having the program Fed
orally administered-a 30%o extra
expense. The only way to get lower
axes, Mr.. Williams insists, is to
oppose, higher Federal spending.
Mr. Williams, if reelected, moves
@ the top of the COP. side of the
Finance Committee because the
present top man, Senator Edward
Martin of Pennsylvania, is retir-
ing. If the Republicans ever take
back the Senate, Mr.. Williams, a
young man as Senators go, would
be chairman. In the meantime, he
would backstop the top Democrat,
Harry Byrd of Virginia, a man he
admires greatly and whose views
ne feelsN closely parallel his own.
One of the unsuccessful Senate
fights Mr.. Williams has been max
ing is to cut the 2715% oil and gas
depletion allowance, and he pro-
misses to continue this effort next
year. He'll also try to close other
"loopholes" which have been
bothering him-for example, he
like to rule out tax advantages for
persons who Systematically borrow
money to carry life insurance and
would like to make sure that CO.
ops pay taxes on money not ac-
tually distributed to members or
customers. While so far he's gone
along with Administration requests
to extend existing tax rates and
hike the Federal debt ceiling, he
could, on occasion, prove diff
cult man for the Administration to
control.
Assuming that Mr.. Williams and
the next-ranking Republican, Sen
ator Malone of Nevada, are re-
elected next month, there will still
be three vacancies on the Republi-
can side of the Finance Committee.
Mr.. Williams would, as top Repub-
lican, have a large say in filling
those spots, but so far. has given
the matter no thout9t. Right
now" he says. 'I have my hands
full making sure that l get back
myself