Washington, Ma:
The Speaker of the Ho presentatives, Mr. Willi head, Democrat of today that he doubted Congr repeal the capital stock, undis: profits and excess profits taxes.
He said that if a flat corporate tax were substituted, business would find itself carrying a greater burden than now, He doubted that any serious effort would be made to revise the tax laws during this session of Congress.
Meanwhile, President Roosevelt told the press that if Congress repeals the undistributed profits tax. it must revise the corporate income tax sufficiently so that the Government would suffer no loss in revenue.
Mr. Roosevelt said present tax discussion in Congressional circle centred round possible consolidation of existing corporate taxes into one levy. He said the question of how levies shall be distributed was being actively discussed.
What the Administration has in mind, Mr. Roosevelt said, is to consolidate the corporate tax so as to produce well above $1,000,000,000 in revenues. This, he said, would approximate the present yield of the various corporate taxes—United Press, Disaien Japanese will be ven short ce in ching. followed by assignments to cult, posts in primary and midd Soldiers ion rd in the if plans prove y the Wounded
proved, it Priority e educa-ited to soldier according to a n reached a conference ben Board authorities and the Education Ministry. Under the projected plan, the Board aims to accomplish a dual purpose, By cmvice men as teachers, it security to former n the Japanese military ces w they could neale our and bravery of the school chilis pointed out
Text read from the printed page and cleaned; old type leaves the occasional error.