Word: congress
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Dates: during 1940-1949
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Okefenokee Bear. Among the 900 guests that showed up one night last week were all the members of the Cabinet except Secretary of State Dean Acheson, a large segment of the Congress, almost all of the foreign ambassadors and three or four generals and admirals. Frank was at the barroom door to greet them. "Hello, partner," bellowed Boykin. "Everything's made for love." The guests dug in. First there was a little buffet Frank had scraped together from his 100,000-acre hunting preserve in Choctaw County, Ala. and Deep Freeze lockers down home in Mobile -salmon from Quebec...
...shortage of risk capital, although "such risk taking has long been an American tradition." Businessmen either did not have the cash or found investment too risky in the face of high taxes. The thing to do, he said, was to ease taxes on business and businessmen. McCabe recommended that Congress study the entire tax structure, and consider such changes...
...year Comptroller General of the U.S., Warren has frequently barked an alarm at war contract settlements; he believes that "everybody and his brother were out to get the Government during the lush war years." Last week, Watchdog Warren showed some real bite. In a report to Congress on war contract settlements, he accused federal agencies of "improper payment of many millions of dollars of public funds through fraud, collusion, ignorance, inadvertence or overliberality...
...Warren had recovered $474,717 in "voluntary" rebates from overpaid contractors. More might have been recovered, he said, if Government contract agencies had rot "devoted their efforts to defending the excessive settlements." Last week, as Warren turned his evidence over to the Department of Justice for prosecution, Congress ordered an investigation...
...during wars. But they have often proved a money-losing headache for private businessmen in peacetime. After World War II ended, the post exchanges and ships' service stores kept right on selling so many items at less than retail prices that private merchants complained loudly enough for Congress 'to hear them. Military stores, they said, were peddling luxury goods, like fur coats and watches, tax free; groceries were being sold at wholesale prices in direct competition with local merchants, and large numbers of servicemen were buying goods for civilian friends...