Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-01-04
SENATE OVERR|DES
WILSON'S VETO OF
WAR FINANCE BILL
=
Passes Nj e sure Over
Presidents Head by
Vote Of So to 5.
CARTER GLASS AMONG S
WHO UPHELD EXECUTIVE
White House Says Revival
Would Add Burden
to Government.
WOULD RAISE FALSE HOPES
hciicVcS Farmers Would BE Disau-
pointed ana No Beneficial In
hucncc ENcrtcd Anywhere.
CARTER GLASS AMONG 5
WHO UPHELD EXECUTIVE
WOULD RAISE FALSE HOPES
hc'icVcs Farmers Would BE Disap-
pointed and No Beneficial In.
hucncc IiNcrtcd Anywhere.
lny Associn,cdrrossl

-
WASIiINGToS. Jan. s.-ve,o b,
eS'dsnt Wilson today OF tie farm.
'rs relic. bill To revive the War
Finance Corporation was followed al
most Immediately by a vote OF 80 to
In the Senate to make the bnl Law
ucspitc executive d!sapproval
The House VIII take UP the ,neasur.
tomorrow and predictions were gen
Graz tnat 1t would duplicate the Sen.
"'t action and thus place the bi!l
on The statute books
President Wilson. I'm I.n.,b, ,a.
"esShS" declared tie withheld his
approval OF the bill because Tho W.
f'hanre Corporation was 4 war credl,
agency. not desirable or needed II,
pcac. times. He said tina; 1, would
exert no beneficial Influence on the
situation. but would raise falls.
hopes among the very people who
would expect most and would be
'hnrtul 10 the natural nnd ord.ri,
processes Of business ard finance"
Inc legislation. the President also
taid would result In added orcdl,
burdens and the government. nc con.
tended, should not be called unon
iurther 10 finance private business .
nuplic expense"
heierring TO widespread demand
Tor aboiishmcnt OF war ag.ncios ARA
from Sns!ness. the FiriGasidtu yiiuiuence
,-,ad sympathy with this view and
added ;nat ",hc nation should re-
sumo ~ usual business methods"
Underwood Moves Consideration.
Cpon reading or the veto message
In the Senate. Senator Underwood,
Of Alabama. Democratic leader urged
rs immediate considera'. ,r. for which
vnau!;nous consent was secured by
chairman Gronna. Of the Agriculture
.-onmittec. whiN reported the bill
Senator Underwood followed With ihc
only address made declaring tina,
financial distress now vas greater
,han during the war and that he felt
contiden, OF wise administration OF
the proposed law that would cause
mo undue drain on the Treasury
on tie Senate roll call. twcnty-n.ne
Democrats we're joined by twenty
four Republicans in overriding the
veto.
supporting the Presidents oppos!-
tion were two Democrats. Senator's
Gerry. OF Rhode Island. and Thomas,
OF Colorado. and three Republicans
Elkins and Sutherland. OF West Nir-
rInia, and Kcycs. OF New Hampshire
Senators Glass. Democrat. OF Nir-
ginia. and Edge. Republican. OF New
Jersey, voted against overriding iht
veto. but withdrew their votes on ac'
count OF having pairs. Senator Pen
rose. OF Pennsylvania. Il RcpublicaI
leader, was paired. but announced
tha, he would have voted TO sustain
the veto.
NcssnEc Read In House.
The Presidents message also wa
read in the House. Rcprcscntativ
Mondell. OF Wyoming. Republ!ca
leader. announced later that IL woul
hc taken up tomorrow at the openin
of the House. but without any dehnit
ARRANGEMENTS for vote. Advocate
of tho bill. however. expressed con
fdence that the House also woul
vote to enact the bin despite the vet
The House passed the bill by n vo'
of GIG TO Gl, or much more than III
necessary two-thirds majority. Man
of the negative votes were cast
Republicans.
before the Presidents messas
reached the Senate today. Senat
Harrison. Democrat, of Mississippi.
leading advocate Of the lcgislatio
criticized Secretary Houston. dccia
ing that the Treasury head. accordii
to newspaper reports. had advis
presidential disapDroval OF the b
without indicating such action VIII
Mr.. Houston was before congro
sional committees.
Senator Edge issued IA stateme
tonight declaring that the Presiden
arguments against the hill were -
solutely unanswerahle." BY issui
bonds, the Finance Corporation. Sen
tor Edge said. would adversely
feet the present financial and OF
nomic situation without any dir
resultant good to producers"