AMERICAN SALARIES
Limit Of 25,000 Dollars
(Rec. 7 p.m.) WASHINGTON, Oct. 28. The Director of Economic Stabilization (Mr James Byrnes) has frozen all wages and salaries in the United States in accordance with a law recently passed by Congress. Rises in pay will not be granted without Government permission, and salaries will be limited to 25,000 dollars a year after the deduction of Federal taxes from January 1943. Mr Byrnes told the Press that the regulations did not legally apply to President Roosevelt’s statutory salary of 75,000 dollars a year. However, Mr Roosevelt had asked that payments to him be limited in compliance with the regulations.
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https://paperspast.natlib.govt.nz/newspapers/ST19421030.2.60
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Southland Times, Issue 24888, 30 October 1942, Page 5
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106AMERICAN SALARIES Southland Times, Issue 24888, 30 October 1942, Page 5
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