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November 17, 1931

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Headlines from November 17, 1931

HOOVER TO URGE TAX RISES; WINS SUPPORT OF WATSON; TREASURY STUDIES SOURCES; TO CUT MOUNTING DEFICIT President Opposes More Borrowing to Meet Current Expenses. WATSON AND SMOOT AGREE Both Consider Sales Tax, but Express Doubt That Senate Would Accept It. BORAH AGAINST SUCH MOVE House Republicans Expect Higher Surtaxes and Estate Levies and a Gift Tax. Watson Points to Deficit. Limit to Levies Admitted. HOOVER TO URGE RAISING OF TAXES Smoot Praises Sales Tax Method Opposes War Debt Cancellation. Fess Explains His Tax Views. Borah Against General Sales Tax. Insurgents in Key Position.

By Special to The New York Times

Sen Fess recommends increase

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GRANDI CALLS VISIT LINK IN WORLD CHAIN; He Emphasizes Need of International Cooperation to Combat Economic Stress.LAVAL'S TRIP HERE HAILEDHoover Moratorium BroughtLeaders Together to FindWay Out, He Says. Praises Stimson's Course. GRANDI CALLS VISIT LINKIN WORLD CHAIN Text of the Grandi Statement. Sees Value in Ministers' Visits. No Agreement Contemplated. Looked Upon as a Good-Will Visit. Emphasis on Friendly Relations. Credited with 5-Points Program.

By Richard Y. Oulahan. Special To the New York Times

D Grandi calls visit to U S a step to further world cooperation

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