Before Senate Finance Committee. Washington, D.C., March 21. Roy S. Osgood, President of the First National Bank of Chicago, warned the Senate Committee today that any further decline in business activity will result in a reduction of federal revenue and an increase of expenditure for relief. Repres

Tells of hasty "shopping tour." Washington, D.C., May 12. Charles T. O'Neal, President of the Chicago and Ester Illinois Railroad, tells the Senate Railroad Financing Committee of his hasty "shopping tour" in October 1931 for a loan to meet immediate obligations of the O. & E.I. The road finally pro

Companies report 11 percent decline in employment. Washington, D.C., Jan. 20. Colby M. Chester, Chairman of the National Association of Manufacturers, today told the Senate Unemployment and Relief Committee that 40 typical companies have reported a decline of 11 percent in employment. He also told t

Presents U.S. Treasury views. Washington, D.C., May 12. Wayne Chatfield Taylor, Assistant Secretary of the Treasury, today told the Senate Banking and Currency Committee that the Treasury Department is oppose to the Bulkley Bill which seeks to expand the Home Owners Loan Corporation and the Federal

Urges change in security dealings. Washington, D.C., Feb. 7. John K. Starkweather, representing the Investment Bankers Association, today urged the Senate Banking and Currency Committee to make far-reaching changes in the Maloney Bill for Regulation of Over-the-Counter Security Dealings. Chairman of

Treasury aide suggests retention of undistributed profits tax. Washington, D.C., March 22. Appearing before the Senate Finance Committee today, Undersecretary of the Treasury Roswell Magill suggested retention of the undistributed profits tax in the new revenue bill and strongly recommend eliminatio

Eastman Kodak Co. opposes 'incentive taxation' senate committee told. Washington, D.C., Nov. 21. The Eastman Kodak Co. opposes 'incentive taxation' to encourage profit sharing systems, M.B. Folsom, Vice President of the company, told the Senate Finance Subcommittee today. 'We believe it is unsound t

Treasury Chief before Senate Finance Committee. Washington, D.C., Mar. 14. Roswell Magill, Undersecretary of the Treasury, as he appeared before the Senate Finance Committee today, and told them that the House approved tax bill will not meet the governments revenue needs, Sen. William H. King, of Ut

Secretary of purchasers' group says price behavior 'very satisfactory' since war. Washington, D.C., Dec. 5. George A. Renard of New York, Executive Secretary of the National Association of Purchasing Agents, today told the Monopoly Committee that he felt that price behavior of the last few months 'h