Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-02-01
COMMITTEE NOT
FOR HUGE LOAN
To EUROPE now;
80 MILLION SUM
ltSsst5tqs5QCratS Try to Secure
~o"@@ or Figure as Recon-
M .ded by President and
Secretary of Treasury
USING MONEY FOR
ARMY PURPOSES, CLAIM
Chairman Fordney Hopes to
Have Action At an Early
Date; Much Opposition Is
Shown,
Lsv so.nla, IoussA. sssel.l ...sso wssl

Washington, Jan. 31.-In voting
| today to recommend new govern
nent loans of $50, 100000 to Euro
pean countries for food relief, the
house ways and means committee,
including its republican members.
went counter TO the majority view
of the republican legislative steer
ing committee. While there was no
indication that this disagreement
on program would result in an open
fight, cloak room discussion strong
~ forecast vigorous opposition to
any loan when the measure reaches
the house floor.
Technically the committee vote
was by a unanimous vote of nine
teen of its twenty-four members.
Democratic members joined the
majority after failing to get larg-
er fund, but reserved the right To
seek an increase when the bill
comes up in the house, probably
early next week. Their efforts in
committee to make thfs amount
20,000,000, as proposed by the
treasury, 100000, 900 or $75,00O.-
600, were defeated in order.
Views Conflict.
Actions by the ways and means
committee followed a conference
earlier in the day between its re-
publican members and the steering
committee at which the steering
committee members expressed dis
approval of any loans on the
ground that congress had no au-
thority to give away funds while in
the senate both democrats and re-
publicans voiced opposition to adj
ditional credits to any European
country.
Senator Walsh, democrat, oc
Montana, said he was opposed To
further government financial aid TO
Europe because some of the ma
lions now owing this country mon
ey are spending stupendous sums in
military and naval preparations.
Senator Phelan, democrat, OF Cali
fornia, charged that European ma
tons, particularly Great Britain.
were using money owed to the
United States to extend their oil
interests throughout the world
Senator Smoot, republican. of
Utah, said the funding of interest
payments might be necessary in
the case of some nations, but that
IT was not necessary for nations
like Great Britain"
Doesn't Name Nations.
In agreeing on the $50, 900. 600
total today. the house ways ana
stipulatc the countries to which
which loans might be made. This
will be left to officials of the treas
ury who have asked for $125.000.-
600 for the aid of Poland, Austria
and Armenia.
Chairman Fordnev of the ways
and means committee said he
would try to get house action on
the bill Monday or Tuesday. IL nee
essary, asking the rules committee
to give the measure a preferential
status. In his report, President
Wilson'S letter favoring relief for
Europe and two communications
from Secretary Glass. summarizing
the famine situation abroad, were
quoted.
IAN evidence furnished the COM
tee" declared the report, seemed
clearly to indicate that literally mil
ions of people in the stricken por-
tons of Europe are facing starva-
ton and their only hope of relief
is the participation of the govern
ment of the United States in the
furnishing of foodstuffs.'
While the bill framed by the
did not specify the
countries to receive the loans. the
intention was that relief should
first go to Austria. Armenia and
the city of Budapest.
The limitation of relief to food
stuffs was said to be an expression
of opposition TO providing military
supplies. Clothing and medicine.
barred by the legislation, could be
supplied, If necessary, through prl-
vate charities, the committee held.