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Show The Attorney General Washington, D. C. Page of of the United States February | #72 You will observe that the increases in prices is stated to amount received apply to grades 8, 1940 by way one and there That is so stated because two automatic shotguns. were no inereases in prices on any other arms. We gall your attention to the fluctuations in In the case of, grade prices beginning with Januery 1, 192%. one automatic shotguns, January 1, 1933, saw a reduction. on passing Certainly that reduction 1922 price. eny contention thet our clients were 1, to below the Januery a complete answer The © tax. It same was is the conclusion follows from competition which dictated the ee fluctuations. Wells basis We are also snelosing a letter from Scholefiecid, ) and Bexter accompanied by their statement showing the They have set out therein of the offer in compromise. chang es. a tax computed on Remington-Savage price jobbing basis. Mr. Hoyt has, we believe, in connection with the application for the fixing of a texable basis under Section 619 all the necessary information to support the basis used in arriving As a matter of fact, the accounting firm hes at this figure. with that supplied to Mr. Hoyt information identical used I believe by Manager Russell of the Browning Arms Company. difficulty in uncerstending Baxter that it be furnished you will have no suggested to Mr. it. for ur. Peargler your in- formation. In conclusion, may we remind you that while, in this correspondence file, a good deal was said about adding the tax to the prices, we believe that the file will show clearly that it was we If there is shall be glad not done. That is the fact. As was steted to Ur. Pergler, and as he noted in his memorancum, prices were fixed by Brownings efter their compstitors had ennounced their prices, end it was competition which determined the amounts. you, information are you any further information we can furnish If, after considering this to do it. uncertain concerning any matter which you feel should be decided in our favor in order to accept the offer, we will appreciate an opportunity to make an argument or furnish additional evidence. Yours We are copiss RDT: DHS sending by the express. truly, THATCHER & YOUNG Roy D,. Thatcher |