November 8th, 1945 (THURSDAY)
AUSTRIA: Vienna: Mayor Koerner announces that in the past eight weeks, 128,000 cubic meters of rubble has been cleared, and 1,275 tonnes of scrap iron recovered. Over two million bricks have been recovered for rebuilding.
ROMANIA: Anti-communist demonstrations take place in Bucharest.
U.S.A.: The United States and Mexico sign a treaty to share the benefits of the Hoover Dam.
In the wake of World War II, America needs to convert its economy back to peacetime conditions. The passage of the Revenue Act of 1945 by the Congress today is a key step in rolling back the heavy taxes which had been implemented to help wage the war. Along with cutting US$6 billion (US$65.1 billion in year 2005 dollars) in taxes, the Revenue Act initiates an extensive post-war revision of the nation's entire tax system.
Admiral Spruance becomes the Pacific Fleet Commander in Chied, succeeding Admiral Chester Nimitz.