Reduce taxes on business, GMC executive tells senate committee. Washington, D.C., Dec. 9. Alfred P. Sloan, Jr., Chairman of the General Motors Corp., today told a Senate Finance Subcommittee that the best application of the tax incentive principle appears to be a reduction of general taxes on busine

Washington, D.C., May 18, 1939. Alfred P. Sloan Jr., chairman of General Motors, before Monopoly Investigating Committee. He was questioned regarding methods used by large corporations in financing their own resources

Dupont opposes incentive taxation. Washington, D.C., Dec. 1. Appearing before the Senate Finance Subcommittee investigating profit sharing systems, Lammont DuPont, President of the E.I. DuPont De Nemours Co., today declared his opposition to incentive taxation as an inducement of social management o

Do not abolish present system, GMC head tells monopoly committee. Washington, D.C., Dec. 6. William S. Knudsen, President of the General Motors Corp., today told the Monopoly Committee that to abolish the patent system would be 'bad for industry generally.' He added, 'it wouldn't mean much to Genera

General Electric head 'hopes' profit sharing with employees is 'good business.' Washington, D.C., Nov. 28. Gerard Swope, President of General Electric Co., appearing before a Senate Subcommittee studying profit sharing plans today said he believed the government must adopt some form of incentive tax

General Motors head before senate committee. Washington, D.C., Jan. 6. The drop last November in auto sales was the most sever in history and entirely beyond our control, William S. Knudsen, President of General Motors, told the Special Senate Committee investigating unemployment,1/6/38

Motor magnate appears before Monopoly Committee. Washington, D.C., Dec. 6. H.S. Vance, left, Studebaker Corporation Board Chairman, told the Monopoly Committee today that the automobile industry, and american producers in general, do not wish to take advantage of the European war to raise prices. Sh

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

At monopoly hearing. Washington, D.C., May 18, 1939. Alfred P. Sloan, Jr., at hearing of the Monopoly Investigating Committee, with Sen. Joseph C. O'Mahoney, co-chairman of the committee. Sloan told the committee that General Motors had almost no outside financing in the last 18 years, a period in w