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Updated: September 11, 2025


In view of the still extraordinarily large expenditures in the coming year and continuing inflationary pressures, I am making no recommendation for tax reduction at this time. We have already had a substantial reduction in taxes from wartime peaks. The Revenue Act of 1945 was a major tax-reduction measure.

Whatever their defects, however, I am convinced that they are as good as we can hope to obtain by agreement among the principal wartime Allies. Further dispute and delay would gravely jeopardize political stability in the countries concerned for many years.

"Why, it's rank nonsense to think of building now at wartime prices. If our recent sales have pinched us for tonnage we'll have to charter from our neighbors and worry along as best we can until the war is over." "You're making a mistake, Cappy Ricks," his son-in-law warned him. "Ask Skinner if I am. Skinner, let's have your opinion." Mr.

For instance, it has often happened to us and to other countries to have to recall Military or Naval Attachés for spying. The diplomatic standing of the head of the Mission would not generally be affected thereby, but, in view of the passions of wartime, and the general tension of nerves, I realized that I might be compromised by the demand for the recall of the Attachés.

Reference to the monthly periodical and the weekly paper just mentioned, however, brings us to still another matter the feeling on the part of the Negro that, in addition to the outrages visited on the race, the Government was now, under the cloak of wartime legislation, formally to attempt to curtail its freedom of speech.

Inside of two weeks General Burgess had called General Garland, they'd discussed the problem, and I was back in Colorado Springs setting up a program with Colonel White's 4602nd. The 4602nd's primary function is to interrogate captured enemy airmen during wartime; in peacetime all that they can do is participate in simulated problems.

"I have found the fairest land under the northern sun," I said; "and I have found the best king, as I think. I shall bide here. One other thing I have found of which I hardly dare to think, so many are the chances of wartime. Yet, jarl, but for them I should not have met with Thora, though in my heart I believe that I should not have spoken to her yet."

The wartime annual rate of Federal expenditures has been reduced by 32 billion dollars, while the Nation's budget total has dropped only half as much. The drop in total value of production and services has been less drastic because increasing private activities have absorbed in large measure the manpower and materials released from war production and war services.

While most of the Army is well housed, some of it which is quartered in wartime training camps is becoming poorly housed. In the past three years $12,533,000 have been appropriated for reconstruction and repairs, and an authorization has been approved of $22,301,000 for new housing, under which $8,070,000 has already been appropriated.

Not since a wartime parade had there been so much excitement, and only a word from the superintendent to the engineer of Fluffdown mills prevented the latter from blowing the big whistle. "It might make it look too much like a labor parade," the superintendant decided.

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