
    NEW WORLD LIFE INSURANCE CO. v. THE UNITED STATES
    [No. 43549]
    [88 C. Cls. 405 ; 311 U. S. 613, 620]
   Per curiam:

The judgment is affirmed upon the first ground set respect to investment expenses, the views expressed on the second question considered by the Court of Claims as to the right of deduction on account of insurance reserves not being an essential basis for the judgment and being contrary to Helvering v. Oregon Mutual Life Insurance Company, No. 564, decided this day (311 U. S. 267).  