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Assumes duties as Assistant Secretary of Treasury. Washington, D.C., July 1. John W. Hanes, Former New York broker and member of the S.E.C., as he assumed his duties today as the newly appointed Assistant Secretary of the Treasury. He succeeds Josephine Roche but will supervise government tax affaris, taking the position undersecretary Roswell Magill will vacate this fall, 7/1/38

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