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Harris & Ewing

Secretary of the Treasury John Snyder as he explained the President's tax program to the House Ways and Means Committee

Secretary of the Treasury John Snyder as he explained the President's tax program to the House Ways and Means Committee. The proposal was to cut excise taxes $655,000,000 a year, but to boost business, estate, and gift taxes to give the Government an actual net increase of $1,000,000,000 in new revenue. From: Beth Gore

Secretary of Treasury John W. Snyder after he put his signature on a check for $7,500,000,000

Secretary of the Treasury John W. Snyder after he put his signature on a check for $7,500,000,000, the largest ever drawn on the United States Treasury. Actually, the money stayed in the Government, passing from the Unemployment Trust Fund to the Bureau of Accounts for investment in the new Treasury short-term certificates. From: Beth Gore

Secretary of the Treasury John W. Snyder appearing before the House Banking and Currency Committee

Secretary of the Treasury John W. Snyder appearing before the House Banking and Currency Committee, saying that the Republican program for halting inflation will not do the job. Mr. Snyder said the measures recommended by the GOP were necessary, but were only part of an overall program that should be approved if the inflationary spiral was to be halted. From: Beth Gore