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...over in a fortnight or so. Unless the profits tax rates are upped, the three proposals should then go through intact under the leadership of Congressional Tax Boss Pat Harrison, who is working for Mr. Big again. The advantage to Defense was made clear by Secretary of War Henry Stimson, who appeared before the House Ways & Means Committee to plead for the whole bill. "Uncertainty," said Lawyer Stimson, "in respect to the industry's right quickly to amortize its investments in expanded construction, and also the uncertainty as to the amount and character of taxation which will be levied...

Author: /time Magazine | Title: GOVERNMENT: Excess-Profits Tax | 8/19/1940 | See Source »

...well advanced was this malaise by mid-week that Secretary of War Henry Lewis Stimson and General Marshall had to go up Capitol Hill, plead for action which most U. S. people already wanted. After three weeks in his new job, 72-year-old Mr. Stimson looked a little worn. His voice quavered, alike from weariness and irritation. But in his grave, informed statement of U. S. peril in Hitler's world, Henry Stimson pulled no punches. House committee quibblers drove him to distraction, finally drove him to his best line of the day: "All this talk of wait...

Author: /time Magazine | Title: THE CONGRESS: Conscription | 8/12/1940 | See Source »

...this week, when a compromise version of the Burke-Wadsworth Bill emerged at last from the Senate Military Affairs Committee, Henry Stimson's fire and logic had yet to convert many a doubter. Biggest obstacle to conscription still was the Congressional state of mind typified by Iowa's grey GUY MARK GILLETTE. Like most of the other opposition Senators, Mr. Gillette has voted for billions in emergency Defense appropriations. Last week he announced that conscription should be delayed until there is an emergency. For good measure, Guy Gillette also devised a new definition of military training: "This idea...

Author: /time Magazine | Title: THE CONGRESS: Conscription | 8/12/1940 | See Source »

...Roosevelt in a reply to "Dear Louis" regretfully accepted, said that he did so only at Mr. Stimson's instance, then actually invited Louis Johnson, who could not work under Mr. Stimson, to work over him as a Presidential assistant ("my eyes and ears . . . reporting to me on the continuing progress of the entire national defense program"). Offhand, it did not look as if there were a spot where aggressive Mr. Johnson's talents would be of less use, or where his equal talent for getting in other people's hair would wreak greater havoc with...

Author: /time Magazine | Title: THE CABINET: Exit Johnson | 8/5/1940 | See Source »

...Porter Patterson, although he belongs to the Legion, is in no sense "a Legion man" in a job which the Legion long since took for its own. Major Patterson was decorated for bravery in the A. E. F., served in the same division with, but barely knew, Colonel Henry Stimson. After World War I, when both were distinguished attorneys in Manhattan, they became firm friends. Soon after Henry Stimson became Herbert Hoover's Secretary of State, able Republican Robert Patterson was appointed to the U. S. District bench in New York. Franklin Roosevelt last year upped...

Author: /time Magazine | Title: THE CABINET: Exit Johnson | 8/5/1940 | See Source »

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