AMERICAN FINANCES
MUST IMPOSE TAXES HUGE DEFICIT FEARED WASHINGTON, Sept. 25. Senator Reed (Pennsylvania), after advocating again to President Hoover his proposal for a sales tax, s id that ho believed that the United States should follow Britain’s example and face the -uusie. He believed that unless additional money was raised by taxation the Treasury’s deficit would reach beyond 1,500,000,00 dollars (£300,000,000).
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Bibliographic details
Wanganui Chronicle, Volume 74, Issue 229, 28 September 1931, Page 7
Word Count
62AMERICAN FINANCES Wanganui Chronicle, Volume 74, Issue 229, 28 September 1931, Page 7
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