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considering the post-war policy of the corporation in had at all times sufficient funds to pay the salaries of
giving salaries at low levels because of the unsettled its employees, whatever an employee may fail to
conditions resulting f rom war and the imposition of collect cannot be considered an indebtedness for it is
government controls on imports and exports and on the concern of the employee to collect it in due time.
the use of foreign exchange which resulted in the The willingness of the corporation to pay interest
diminution of the amount of business and the
thereon cannot be considered a justification to warrant
deduction.
Wherefore, the decision appealed from is affirmed,
without pronouncement as to costs.
Pars, C.
J. Bengzon, Padilla, Montemayor, Labrador, Concepci
n, Endencia, Barrera, and Gutirrez David, JJ., concur.
Decision affirmed.