PRESIDENT'S SALARY

Evening Post, Volume CXXXIV, Issue 83, 5 October 1942, Page 4

PRESIDENT'S SALARY

Affected by Limitation Law

(Rec. 11 a.m.) WASHINGTON, Oct. 4. "The President is affected even as you and I," Mr. William Hassett, the White House secretary, when discussing the new salary limitations in the U.S.A., remarked. "Therefore, the President's 75,000 dollars a year salary undoubtedly will be adjusted to conform with the new limit of 25,000 dollars." Nevertheless, tax experts point out that the President's policy, applies to - net income after payment of taxes, insurance, and fixed obligations, for which reason before being affected by the new law the 25,000 dollars salary group will have to earn at least 50,000 dollars. area, the Japanese are apparently suffering from lack of air strength. Allied superiority in the air has certainly made possible the Australian advance towards the Owen Stanley watershed in New Guinea and helped the Americans in the Solomons and the Aleutians. In Burma also and Southern China the Japanese seem powerless to check Allied air raids. This is a most significant feature in the general picture of the Far East theatre of war at the moment, though it would be unwise to assume too much from what may be only a passing phase of the war. Another explanation may be that the Japanese are concentrating their available air force in Manchukuo j for an attack on neighbouring Soviet! territory. Events alone can settle the point. _____________