Quote – James L. Donnelly on Behalf of the Illinois Manufacturers Association, Testimony, House Committee on Ways and Means.

The imposition on industry at this time of the tax burden contemplated by this measure would render business recovery absolutely hopeless. Manufacturing industry is now engaged in a desperate struggle in an effort to continue operations and provide jobs. Most industries have been operating at a loss for several years. Industry is not prepared at this time to accept the added burden as contemplated by this bill.

James L. Donnelly on Behalf of the Illinois Manufacturers Association, pgs 402-408, esp. 402, in “Unemployment Insurance,” Hearings before the House Committee on Ways and Means, Mar. 21-24, 26-30, 1934.

Wednesday, March 21, 1934
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