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GROUP AGREES ON
SIX TAX CHANGES . Levies on Dividends From Paid-Up Life Insurance Included in List. By the Associated Press. A congressional tax committee yes terday listed taxation of dividends from paid-up life insurance policies as one of six new revenue law changes on which it had agreed tentatively. ' The alterations uecided on were de signed chiefly to plug ‘'loopholes” in existing law or simplify its adminis tration, but Representative Vinson, Democrat, of Kentucky, chairman of the House Ways and Means Subcom mittee. engaged on proposals for tax law revision, said the Government’s total revenue would be affected to some extent, though the committee had no exact estimates. Money Recovered at Law. A change likely to cost the Treasury some revenue would permit business firms to deduct from taxable income the cost of collecting sums included in their gross income which are col lected outside the usual course of their business. Mr. Vinson explained this would apply to money recovered in litigation. All the recovery costs, in cluding attorneys’ fees, could be de ducted. provided they did not exceed SO per cent of the amount recovered and included in grass income. The committee also agreed tenta tively to recommend that corporations 1 b? permitted to deduct contributions for charity, religion, education and similar purposes, only in the year they are paid. Under existing law. he said, these deductions arc possible when ever a commitment is made. Would Prohibit Listing. A fourth change would prohibit corporations from listing such contri butions as business expense. The committee agreed to recommend that deductions by individuals of con tributions be limited to gifts made to American institutions, bufc Mr. Vinson said this was not intended to bar the institutions from spending their funds abroad. With reference to gifts "in kind.” where the actual property or object involved, rather than its value, is transferred, the committee tentatively recommended that the taxpayer base his deduction on the original cast or the market value at the time of the gift, whichever is lower. *■ IZAAK WALTON UNIT AWAITS CONVENTION Unit to Meet Wednesday to Make Plans for Council Session Opening Saturday. Final plans for the regional coun cil convention of the Izaak Walton League here Saturday and Sunday will be discussed at a meeting of the Dis trict chapter at 8 p.m. Wednesday at the Raleigh Hotel. Besides a business session, the pro gram for the two-day convention will include a turkey shoot and the an nual sportsmen's dinner. Dr. Lewis Radcliffe, chairman of the regional council, expects a record at tendance of sportsmen and their wives from the Maryland and Virginia chap ters. The business session will be held Saturday afternoon and the dinner that night at the Raleigh. The turkey shoot, using both skeet and rifle ranges, will be staged Sunday at the National Capital Skeet Club, Bethesda. De Witt Harry is chairman of the Arrangement* Committee. Dr. M. D Arcy Magee, national vice presi • dent of the league, will preside. PHOTOGRAPHIC CONTEST; ON HOUSING IS PLANNED Amateurs Eligible in Competition From Dec. 13 to 31—Public to Decide Winners. Amateur photographers will have a chance to record their Impressions of 'the housing problem in the District In a photographic contest to be spon sored by the Washington Housing As sociation and the Public Elbrary from December 13 to 31. The subject matter may deal with deplorable conditions, new projects, Improvements, restorations, renova tions in fact, any phase of the hous ing problem. All entries must be submitted to the Washington Hous ing Association, Room 902, Barr Build ing, before midnight December 31. Winners in the contest will be deter mined by a popular vote of the pub lic which has seen the photographs. Examples of the best subject mat ter will be on display during the con test at the Central Public Library, the Georgetown Branch, the Mount Pleasant Branch, the Northeastern Branch and the Barney Neighborhood House. HEADS CAMPAIGN Joseph Stansfield, president of the District Federation of Federal Em ploye organizations, has been named chairman of a special Membership Committee, it was announced yes terday. He will have four vice chairmen— w. S. Kinney, O. W. Tomlinson. L. Zaff Rogers and Joseph I. Menehap— each of whom will have a staff com posed of one member from each local here. V 8. Patent No. 1947907 The New Analgesia Process! To relieve pain we have just Installed the most modern equipment avail able. With ANALGESIA the patient retains consciousness, yet is In sensible to pain, which permits the best work in the shortest time. 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