Suspension of Operating-differential Subsidy Agreements: Hearings...on H.R. 7105...June 11, 19421942 - Всего страниц: 35 |
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10-year period ACKERSON adjusted declared value American merchant marine ANDERSON bill BURNS business cycle capital gains capital reserve fund capital stock CHAIRMAN committee companies Congress consideration deposited depreciation basis differential subsidy discount effect elimination excess fifth amendment further GEASLIN GOERTNER interest-bearing securities Internal Revenue Code investment January legislation Maritime Commission ment Merchant Marine Act Merchant Marine Institute moneys obligations operating-differential subsidy agreement percent period of suspension post-war period present problems profits provisions of section questions recapture period recapture provisions redeclare the adjusted reduction representing requisition respect retroactive section 607 shipping industry special reserve fund statute statutory steamship subject to recapture subsidized contractors subsidized operators subsidized services subsidized vessels subsidy contracts subsidy payments subsidy provisions SURREY suspension of subsidies suspension of tax tax exemption tax-exemption provisions taxation thereof tion Treasury Department United States Maritime Waterman Steamship Corporation WELCH
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Стр. 20 - The Fifth Amendment commands that property be not taken without making just compensation. Valid contracts are property, whether the obligor be a private individual, a municipality, a State or the United States.
Стр. 20 - We conclude that the joint resolution of June 5, 1933, in so far as it attempted to override the obligation created by the bond in suit, went beyond the Congressional power.
Стр. 2 - Lea (chairman) presiding. The CHAIRMAN. The committee will come to order, please. We have met this morning for...
Стр. 33 - ... ZIMMERMAN. I see no objection to that, but I would go further and ask the committee to consider some deposit at the time that the bids were made. Mr. CASE. Will you have prepared in your Office an amendment covering that point, which will be satisfactory to you? Mr. ZIMMERMAN. Yes; we will do that. The CHAIRMAN. Are there any further questions? Are there any further witnesses, Mr. Sheppard? Mr. SHEPPARD. I do not know of anyone else, Mr. Chairman, unless there is someone else here who wishes...
Стр. 27 - The earnings of any contractor receiving an operating-differential subsidy under authority of this Act, which are deposited in the contractor's reserve funds as provided in this section, except earnings withdrawn from the special reserve funds and paid into the contractor's general funds or distributed as dividends or bonuses as provided in paragraph 4 of subsection (c) of this section, shall be exempt from all Federal taxes. Earnings withdrawn from such special reserve fund shall be taxable as if...
Стр. 1 - States and may be recovered in a civil action brought by the United States." Sec. 4- Such Act is further amended by adding at the end thereof new sections to read as follows: "Sec. 12. (a) It shall be unlawful for any person, partnership, or corporation to disseminate, or cause to be disseminated, any false advertisement — "(1) By United States mails, or in commerce by any means, for the purpose of inducing, or which is likely to induce, directly or indirectly, the purchase...
Стр. 32 - ... Nelson of the National Association of Real Estate Dealers. I would like to appear very briefly in support of what private housing can do and in support of what Mr. Blandford has indicated it will be permitted to do. The CHAIRMAN. Will you be in attendance during the hearings? Mr. NELSON. Yes, sir. The CHAIRMAN. Are there any others who desire to be heard? Mr. PENTON. My name is EW Penton. I would like to speak briefly on what the automotive industry can do and what it is trying to do in connection...