Hughes Viewed in Senate Probe Over Large Contracts
Washington November 5 Senator Williams disclosed a proposed 5.3 million addition to Hughes 40 million contract payments as the Senate War Investigating Committee resumed its inquiry into the Hughes aviation contracts. A Williams aide cited a 35.9 million tax adjustment found in Hughes records and related companies.
MENTIONED IN THIS ARTICLE
Washington
Mov
Hughes, Cavilionaire
Williams Jel
Senate War
Wartime Profits Tax Debate Highlighted by Senate
The Senate War Investigating Committee heard that Hughes Tool Company profits of 316.526 million were earned after wartime texties with only 1 million paid to Hughes and the rest kept as undistributed profit. Senators Ferguson and Hatch debated tax on undistributed wartime profits and potential fraud allegations.
MENTIONED IN THIS ARTICLE
Hughes
Hughes Tool Company
Ferguson
R-Mich
Hatch
D-Nm
County board approves fire protection levy increase
County commissioners authorize a total annual levy for fire protection aid and raise Brad dock Heights' share to 300 dollars, directing funds to support local fire services.
MENTIONED IN THIS ARTICLE
Board of Countymissioners
Braddock Heights
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Textron
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