Sec Mills warns against heavy padding of subscriptions $7,550,000,000 Oversubscription on Notes Brings Treasury Warning on Padding Bids

Sec Mills, before emergency meeting of Sen Finance Com, explains deficiency in tax bill and makes recommendations; text of Mills statement; Walsh amendment for mfrs' sales levy defeated; votes on tax bill and Walsh amendment PRESIDENT WARNS OF PERIL; He Appears in Person in the Senate to Urge Swift Action. $275,000,000 MORE IN TAXES $70,000,000 Raised by Income Taxes With Normal and Surtax Rates Increased. 1-CENT LEVY ON GASOLINE 3 Per Cent Is Imposed on Gross Receipts of Private Power Companies. SENATE BALANCES BUDGET BY TAXES

Sec Mitchell comments PAY PLAN ADOPTED FOR MEXICAN LABOR

Sec Mitchell confs with employer and union reprs NEW STRIKE CURB WEIGHED BY G.O.P.; Taft-Hartley Act Amendment Would Broaden Injunction Power in Critical Tie-Ups 'Union Busting' Proviso NEW STRIKE CURB WEIGHED BY G.O.P. Waiting-out Combatted

Sec Mitchell denies Reuther is 'power-hungry labor boss trying to take over Dems,' TV int, but deplores his ties with party A 'RADICAL' SLATE PICKED BY ALCORN; He Lists Williams, Reuther, Humphrey, Morse, Butler -- Finds G.O.P. 'Upswing'

Sec Mitchell disputes belief; D Beck, Meany, L Hollander, J Curran comment UNION HEADS HAIL CONGRESS RESULT; See Labor's Eisenhower Vote as a Personal Tribute, Not Endorsement of G.O.P.