TAXATION: Spelling Bee

“Actually, any one who gives the matter unbiased consideration will realize that it is for the benefit of the rich to plug loopholes in tax laws, since this raises more revenues without raising rates.” With this neat bit of logic, Secretary of the Treasury Henry Morgenthau Jr. last week opened the great 1937 hunt for rich tax dodgers launched so suddenly by him and Franklin Roosevelt early this month .

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Defiance with a Smile: Mladic Faces Genocide Survivors in Court

Defiant and unrepentant, former Bosnian Serb military commander Ratko Mladic made his first appearance at the International Criminal Tribunal for the Former Yugoslavia on Friday, in a preliminary hearing during which he refused to enter a plea to the 11 counts against him — including genocide, extermination, and murder.

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