Word: amended
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...junior securities and cutting down capitalization, it provides for voluntary adjustment of fixed charges between the road and its bondholders and for postponement of interest payments. Nonetheless, Chairman Wheeler, who could stop the Chandler Bill if he wishes, is letting it by with but one change-he intends to amend its technicalities so that in practice only the little Lehigh Valley and Dan Willard's B. & O. will be able to take advantage...
Colonel Francis Clark ("Pink") Harrington. WPA's head man, well knew that the Woodrum committee's inquiry was the hottest pan WPA has yet been on, that, in the Senate, Jimmy Byrnes was quietly preparing to amend the Relief setup so as to require States and localities to contribute one-third of the cost. Awaiting his turn to testify before the Woodrum committee. Colonel Harrington spent a busy week getting 200.000 cut off his rolls to bring them down to 2,600.000. He knew this could not be done without local disturbances. Sure enough, in Flint. Mich...
...lull in foreign excitement to bring out a twelve-point program for Business Recovery. Amounting to a platform nucleus for 1940, Joe Martin's planks included: "Keep the U. S. out of war"; curb spending; revise deterrent taxes; curtail the President's monetary powers (see p. 77); amend the Wagner Act; rehabilitate the railroads. A major effort by Joe Martin's House Republicans last week to discontinue the President's power to decrease further the dollar's gold content was defeated 225 to 158. >Received last week by many a Republican politico was a "teaser...
...gored, least of all A. F. of L. Counsel Joseph Padway. Last February in Madison, Wis., Mr. Padway bellowed as though he himself were on the horns. The Legislature of his home State, in step with the rightward trend of U. S. politics, was considering bills to amend Wisconsin's famed, liberal State Labor Code of 1931 and its Little Wagner Act of 1937, which Joe Padway helped to draft. Having yet to emasculate Mr. Padway's State Labor Relations Act, Wisconsin's newly conservative Legislature last week made over the Labor Code, curtailed the right...
...home, it faced a fight. Government lawyers this week declared that the Supreme Court's new ruling cut both ways, rendered such legislation unnecessary except to relieve State & municipal employes from levies retroactive to 1926. To take advantage of the new ruling, however, most States will have to amend their income tax laws, which specifically exempt Federal salaries. Especially prompt to act should be Maryland and Virginia, where hordes of Federal folk live near their jobs in the District of Columbia...