IF WAR COMES
NO QUARTER -OR EXCESS PROFITS. AMERICA’S ATTITUDE. (U.P.A. by Elee. Tel. Copyright) (Received April 7, 5.5 p.m.) NEW YORK, April C. The Washington correspondent of the Times says that war occupied the centre' of the stage at Washington on Saturday. As the House debated the so-called McSwain War Profits Rill, Army Day was being celebrated with a preparedness parade ami Representative Maverick (Texas) introduced a resolution defining a neutrality policy. The anti-war sentiment so swept the House that the original McSwain proposal was amended beyond recognition. The amendments adopted included authorisation for the President to con-script the financial as well as the material resources of the country, to put into effect, immediately upon the declaration of war, taxation of excess war. profits at 100 per cent. ; to conscript those responsible for the management of industry, commerce, trans portation arid communications. The Democratic leaders forced an adjournment to preverit final action on the Bill before it could be more carefullv examined in its amended form.
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Bibliographic details
Gisborne Times, Volume LXXXII, Issue 12253, 8 April 1935, Page 5
Word Count
167IF WAR COMES Gisborne Times, Volume LXXXII, Issue 12253, 8 April 1935, Page 5
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