09/23/1963
https://www.presidency.ucsb.edu...
"I just want to say, because it dealt with a very sharp problem of the technological changes affecting the livelihood of a good many hundreds of people, which is a difficult matter to adjust satisfacto..."
"We hope that this will serve them in the future."
"By virtue of the authority vested in me by section 55(a) of the Internal Revenue Code of 1939, as amended (53 Stat. 29, 54 Stat. 1008; 26 U.S.C. (1952 Ed.) 55(a)), and by section 6103(a) of the Intern..."
"We are glad this was settled in the case of this company and we hope that this pattern of industry will also serve as an encouragement to other industries facing the same problem of technological chan..."