Word: snyder
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Dates: during 1940-1949
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...ALAN SNYDER...
Back Down. By this week ERP's supporters could point to two other forward steps. Treasury Secretary John Snyder agreed to a new census of foreign bank deposits in the U.S. The names of depositors would be turned over to their own governments, who could use the funds for purchases in the U.S. Estimated take: $300 to $400 million...
...Chairman Knutson bumped into an unexpected obstacle. Treasury Secretary John Snyder, usually mild and conciliatory in his dealings with Congressmen, belligerently denounced the Knutson bill as inflationary, deficit-producing and, in short, "a major threat to the nation's financial integrity." Chairman Knutson reacted by subjecting his witness to a day-Jong badgering. Other Republicans were quick to realize that John Snyder was broadening a hint already made by the President: the Knutson bill, as it stood, would be vetoed. Good & scared, they began to talk of bringing the tax slash down to around $4 billion. At week...
Last week, the first faint cheep from the Administration was heard. It was in the form of a report made by Treasury Secretary John W. Snyder to Congress. Characteristically, it was heavily laced with "buts" and made "no policy recommendations." Nevertheless, it did talk about both a reduction in rates and an increase in personal exemptions-the two main avenues...
Life-insurance companies were a little embarrassed by one present in their Christmas stockings. By a fluke in the 1942 Revenue Act, the Treasury announced last week, most companies would be exempt from income tax on their 1947 earnings. Secretary of the Treasury John W. Snyder cried: "The situation calls for the immediate attention of Congress...