I am concerned, however, lest some shipowners who have already accepted price adjustments did so on the assumption that the cost basis of their vessels for tax purposes would be the original price reduced by the net amount of the adjustments under section 9(b), operating only as a pricing formula.
Memorandum of Disapproval of Bill To Amend the Merchant Ship Sales Act of 1946
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More from Harry Truman
We have learned that the mark of a well-managed land lies in the care a Nation gives to its rivers.
No more than one National Security Medal shall be awarded to any one person, but for subsequent services justifying an award, a suitable device may be awarded to be worn with the Medal.
Without multiple-purpose river basin development, I believe that few of these accomplishments would have been possible.
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