Over the Wire

Treasury Asks Forced Saving

WASHINGTON--Secretary of the Treasury Henry Morgenthau, Jr., said today the government must turn to "forced individual savings" to raise urgent war revenue because the voluntary bond purchase program, in which he had much faith, had failed.

He said that if some method of compulsory savings is not included in the pending tax bill, he will go back to Congress and "ask for it with all the power I've got.