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SECURITIES AND SALARIES
ul. I. Congress.
HEARINGS
BEFORE THE
Senate SPECIAL COMMITTEE ON TAXATION OF
GOVERNMENTAL SECURITIES AND SALARIES.
UNITED STATES SENATE
SEVENTY-SIXTH CONGRESS
FIRST SESSION
PURSUANT TO
S. Res. 303 (75th Congress)
A RESOLUTION ESTABLISHING A SPECIAL COMMITTEE
ON THE TAXATION OF GOVERNMENTAL
PART 1
JANUARY 18, 1939
Printed for the use of the Special Committee on Taxation of
Governmental Securities and Salaries
SPECIAL COMMITTEE ON TAXATION OF GOVERNMENTAL
PRENTISS M. BROWN, Michigan, Chairman
HARRY FLOOD BYRD, Virginia
M. M. LOGAN, Kentucky
JOHN E. MILLER, Arkansas
JOHN G. TOWNSEND, JR., Delaware
WARREN R. AUSTIN, Vermont
DEPOSITED BY THE
NITED STATES OF AMERICA
FEB 28.
57
5-41
CONTENTS
Statement of-
Page
Gardner, Warner W., special assistant to the Attorney General,
Department of Justice-
Hanes, Hon. John W., Under Secretary of the Treasury
Morris, Hon. James W., Assistant Attorney General..
Murphy, Henry C., principal economic analyst, Treasury Department.
O'Donnell, Al F., Assistant Director of Research and Statistics,
Treasury Department..
Wenchel, John Philip, Chief Counsel, Bureau of Internal Revenue__
III