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action amount assume bill bondholders bought Chairman Chamber of Commerce closed committee concerned confidence Congress course criticism debt demand DEPRECIATION IN VALUE effect employees exempt faith favor feel float follows four-and-a-fourths fours further give given going Government hearings held hold holders House House of Representatives idea income increase inquiry inserted interest introduced investment investors issues keeping kind less Liberty bonds losses Magee matter means objection opinion paid Panama paragraph passed patriotic person possibly practicable premises present problem purchase question Railroad Administration raise reason recommendation record reference requested resolution savings securities seems sell sent Snell statement subscribe subscriptions suggested taxation thing third to-day understand United States Liberty United States Victory urged VALUE OF LIBERTY various Victory loan views yesterday York
Page 1 - The CHAIRMAN. Without objection, it may be inserted in the record at the end of your statement.
Page 3 - I do not wish to take up too much time of the committee, but I would like to
Page 6 - of a resolution adopted by the Chamber of Commerce of the State of New York on May
Page 9 - Administration, at par value and accrued interest, such of the bonds of the United States of the various Liberty loan issues and the Victory loan issue as are held by the said administration at the time of the approval of this act and which it does not desire to retain.
Page 9 - possible from the employees and to purchase the Liberty bonds in the amounts of such subscriptions ; and, in order to induce subscriptions from the various employees, to
Page 6 - not above par, that they are not at par, but have shrunk in value to considerably below par. They receive a low rate of interest, and can not dispose of a single bond without a financial sacrifice. The public