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Senate Committee approves SEC head's proposal. Washington, D.C., March 30. A proposal by William O. Douglas, right, Chairman of the Securities and Exchange Commission, to exempt transfers of securities and properties by holding companies liquidating under the 'death sentence' clause of the Public Utility Holding Company Act from the capital gains tax, was approved today by the Senate Finance Committee. Douglas is pictured with Sen. Tom Connally as he arrived at the Capitol to appear before the committee

Proposes to Senate that S.E.C. [...]price for utility holdings TVA [...]Washington, D.C., Nov. 23. Appearing before the Congressional TVA Committee today, President [...]Wilkie of Commonwealth and Southern Corp., proposed that the S.E.C. determine a fair price for the utility holdings which the Tennessee Valley Authority seeks to purchase. He said if the TVA would agree to this, his company would abide by the valuation which the S.E.C. may finally set upon their properties

Proposes to Senate that S.E.C. ...price for utility holdings TVA ...Washington, D.C., Nov. 23. Appearing before the Congressional TVA Committee today, President ...Wilkie of Commonwealth and Southern Corp., proposed that the S.E.C. determine a fair price for the utility holdings which the Tennessee Valley Authority seeks to purchase. He said if the TVA would agree to this, his company would abide by the valuation which the S.E.C. may finally set upon their properties

Senate finance committee chairman outlines congressional drive for tax reduction. Washington, D.C., Nov. 16. Holding his first press conference since start of special session, Chairman Pat Harrison of the Senate Finance Committee today outlined to newsmen his views regarding revision of the undistributed profits, probably next year, and said he hoped that congress would stand firmly for reduction of Emergency Relief Expenditures, as Chairman of the Finance Committee, Harrison will naturally step into leadership of the Congressional Drive for Governmental Retrenchment and tax reduction. 111637

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 Utah, in the center and Sen. Pat Harrison, of Miss. and Chairman of the Committee on the right, 31438

Senate finance committee chairman outlines congressional drive for tax reduction. Washington, D.C., Nov. 16. Holding his first press conference since start of special session, Chairman Pat Harrison of the Senate Finance Committee today outlined to newsmen his views regarding revision of the undistributed profits, probably next year, and said he hoped that congress would stand firmly for reduction of Emergency Relief Expenditures, as Chairman of the Finance Committee, Harrison will naturally step into leadership of the Congressional Drive for Governmental Retrenchment and tax reduction. 11/16/37

Congress gets huge petition for reduction of federal tax on earned incomes. Led by many of America's outstanding personages in professional life, a parade marched down Pennsylvania Avenue today with a truckload of petitions bearing the signatures of millions of tax payers who demand a substantial reduction in the Federal Tax on earned incomes. The petition was presented to the chairman of the House and Senate Finance Committees. In the center of the photograph can be seen, left to right: William Howard Black, justice of the Supreme Court of New York; Mae Murray, movie star; Isaac Gans, Washington business leader; Senator Reed Smoot, chairman of Senate Finance Committee; Rep. Willis C. Hawley, chairman of House Finance Committee; and Rep. Sol Bloom of New York

Congress gets huge petition for reduction of federal tax on earned incomes. Led by many of America's outstanding personages in professional life, a parade marched down Pennsylvania Avenue today with a truckload of petitions bearing the signatures of millions of tax payers who demand a substantial reduction in the Federal Tax on earned incomes. The petition was presented to the chairman of the House and Senate Finance Committees. In the center of the photograph can be seen, left to right: William Howard Black, justice of the Supreme Court of New York; Mae Murray, movie star; Isaac Gans, Washington business leader; Senator Reed Smoot, chairman of Senate Finance Committee; Rep. Willis C. Hawley, chairman of House Finance Committee; and Rep. Sol Bloom of New York

Former head of New York Stock Exchange before Senate Committee. Washington D.C. Richard Whitney; former President of the New York Stock Exchange, was the first witness as the Senate Committee investigating railroad financing reopened hearings today. After testifying of his buying activity in Alleghany Corporation stock, a Van Swerigan holding company, Whitney proposed adoption of a rule preventing exchange Governors from passing on listing of new stock in which they or their business firms have an underwriting interest. He defended past practices of exchange officials, including himself, of passing on acceptability for listing of issues in which they were persoanlly interested

Senate Committee approves SEC head's proposal. Washington, D.C., March 30. A proposal by William O. Douglas, right, Chairman of the Securities and Exchange Commission, to exempt transfers of securities and properties by holding companies liquidating under the 'death sentence' clause of the Public Utility Holding Company Act from the capital gains tax, was approved today by the Senate Finance Committee. Douglas is pictured with Sen. Tom Connally as he arrived at the Capitol to appear before the committee

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A black and white photo of two men shaking hands.

Public domain portrait photograph, free to use, no copyright restrictions image - Picryl description

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district of columbia washington dc glass negatives senate committee senate committee sec head sec head william douglas chairman securities exchange commission exchange commission transfers properties companies death sentence death sentence clause public utility public utility company act company act gains tax gains tax finance senate finance committee sen tom capitol united states capitol secretary senator us capitol united states capitol washington dc united states history library of congress
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1930
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Harris & Ewing, photographer
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Washington, District of Columbia, United States ,  38.90719, -77.03687
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Library of Congress
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http://www.loc.gov/
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No known restrictions on publication.

label_outline Explore Transfers, Death Sentence, Gains

Frederick Law Olmsted Papers: Speeches and Writings File, 1839-1903; 1877; Draft of "New York State Capitol Address" read before the Senate Finance Committee, Albany, N.Y., 6 Mar

Frederick Law Olmsted Papers: Speeches and Writings File, 1839-1903; 1877; Draft of "New York State Capitol Address" read before the Senate Finance Committee, Albany, N.Y., 6 Mar

Clara Barton Papers: Miscellany, 1856-1957; Financial and legal papers; Securities and investments; Miscellany, 1873-1904, undated

President organizes $4,000,000,000 pump priming campaign. Washington, D.C., April 11. President Roosevelt met with his Relief and Congressional Aides today to the personal command of a new administration fight to check business recession with a $4,000,000,000 pump priming campaign. The president subordinated all other White House business to efforts to hammer his lending and spending program into shape as a major New Deal offensive against recession and unemployment, left to right: Director of the Budget Daniel Bell, Sen. James F. Byrnes, SC. Sen. Carter Glass of Virginia, Majority Leader of the House Sen. Sam Rayburn of Tex., Sen Kenneth McKeller of Tenn., Sec. of Treasury Henry Morenthau, and in the rear, Rep. Edward Johnson, of Colo., April 11, 1938

Movies record Frankfurter's appearance before Senate committee. Washington, D.C., Jan. 12. Movie and still cameras were set at all angles in the Senate Judiciary Subcommittee hearing room to record for the nation the appearance of Felix Frankfurter, who made himself available to answer questions as to his fitness to serve on the Supreme Court bench. The committee later confirmed the nomination of Frankfurter, 1/12/39

[Group in front of Office Finance Committee door]

Closed old court; will open in? Frank J. Wideman, Assistant Attorney General in the Tax Division, will represent the government in the first case to go before the Supreme Court in the new building, and he holds the honor of arguing the last case to be heard in the old Supreme Court quarters. He has won 10 out of his last 11 cases. He represented the government, and won, in the Sandy-Fox case last session, which involved the Five Civilized Indian Tribes vis the United States. He will defend the government in the Douglas-Willicutts case, in which Edward B. Douglas seeks a return of tax money from Levi M. Willicutts, Collector of Internal Revenue, 10/4/35

Medical flora, or, Manual of the medical botany of the United States of North America. Containing a selection of above 100 figures and descriptions of medical plants, with their names, qualities, properties, history, &c.: and notes or remarks on nearly 500 equivalent substitutes, volume 1

Informs President SEC ready to proceed with investigation of insurance companies. Washington, D.C., Jan. 24. William O. Douglas, Chairman of the Securities and Exchange Commission, leaving the White House today after reporting to President Roosevelt that the commission was ready to proceed with its investigation of insurance companies in connection with the present monopoly inquiry. He indicated the SEC would be concerned primarily with the investment and managerial phases of insurance company operation and said approximately $300,000 would be required to carry out the work in this calendar year, 1/24/38

Prisant Properties, Great Neck, Long Island, New York. Kimelman, library, to living room

Smoot, Mae Murray, Hawley tax petitions, 12/7/29

Frederick Law Olmsted Papers: Speeches and Writings File, 1839-1903; 1877; Draft of "New York State Capitol Address" read before the Senate Finance Committee, Albany, N.Y., 6 Mar

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district of columbia washington dc glass negatives senate committee senate committee sec head sec head william douglas chairman securities exchange commission exchange commission transfers properties companies death sentence death sentence clause public utility public utility company act company act gains tax gains tax finance senate finance committee sen tom capitol united states capitol secretary senator us capitol united states capitol washington dc united states history library of congress