Treasury tax study to be ready by November. Washington, D.C., Sept. 21. Following a conference with Herman Oliphant, (left) General Counsel for the U.S. Treasury and also its tax expert, Secretary Morgenthau announced that the Treasury's tax study, which will serve as the basis for new revenue legislation at the next session of Congress, will be ready by November "if the congressional committee is ready to receive it then." 9/21/37