Manufacturers group asks removal of taxes to stimulate recovery of business. Washington, D.C., June 3. Noel Sargent of New York, representing the National Association of Manufacturers, presented an 8 point program of tax revision to the House Ways and Means Committee today. The association asked the removal of the undistributed profits, capital stock, and excess profits taxes to put private enterprise into a movement to stimulate recovery. He presented the program as the association's answer to Treasury Secretary Morgenthau's statement that 'the basic need today is to foster the full application of the driving force of private capital.' Left to right: John Hanes, Undersecretary of the Treasury, who attended the committee meeting, and Sargent