Evening star., 1921-01-03
Acts Immediately
After Hearing
Message.
HOUSE EXPECTED
TO FOLLOW LEAD
Democratic Senators
Join in Overriding
of Protest.

The resolution to revive the war
Finance Corporation was passed to-
day by the Senate over President
wilson's veto.
The vote to override the President
was 53 to 5, or nineteen more than
the required two-thirdS majority. Ine
vote was taken Immediately after tne
Presidents veto message was read.
Similar action by the House was
forecast by supporters of the resolu .
tion, which was designed as an ald
to farmers and others in the present
period of declining prices.
How Vote stood.
Those voting against the measure
were: Senator Elkins (republlcan}'
West Virginia: Gerry (democraps
New Hampshire, Sutherland (repuoil-
can) of West Virginia and Thomas
(democrat) of Colorado.
Senator Gronna, in charge OF the
resolution, secured unanimous con-
sent for immediate consideration of
the vetoed bill. Vice President Mar
shall saie that the question before the
Senate was passage of the bill, not
withstanding the Presidents objec-
tionS.
Confer ON Floor.
During call of the Senate's roll an
informal conference of senators from
the floor. Senator Grolna and Scna-
tor Harrison, democrat. Mississippi.
said privately that th-y favored an
immediate attempt to overri lie the
Eets.
Immediately after reading the veto
message. Senator Underwood of Ala
hama, democratic leader, said that
the measure was of such Importance
10 the country that he hoped there
would be immediate action by the
Senate, and asked that a quorum be
called.
He gave notice that he would vote to
pass the resolution over the Presi-
dents veto, saying that he had not
changed his mind as to the advisable.
ity of the measure becoming a law
Underwood Cites Distress.
Senator Underwood declared the
country was in far greater distress
financially than during the war, and
believed that Congress should take
what action ii could to relieve the sit
uation. He recalled that ''repub-
iican President in an er1ersency had
withdrawn funds ffom the treasury
to deposit in New York banks that
stringent financial situation might be
averted, and continued:
There are certain extremitieS TO
which we can and ought to go il con-
ditions warrant. / believe the time
has arrived when Congress should
take what action it can to correct and
to remedy the conditions now con-
fronting US.
There is no reason to fear that the
powers conferred upon those who d.
rect the affairs of the corporation will
be abused. The same persons who so
ably and successfully administered it
during the stress of war will be in
charge again. / see no reason why
an undue drain on the Treasury will
result and / see no reason for alarm
that it will not be properly and faith
fully administered il the senators re-
/, store the corporation. living organ
iSation."
Harrison Assafls Houston
Prior to receipt of the veto message
by the Senate Senator Harrison bitterly
assailed Secretary Houston, charg
ing the Treasury head with having
recommended the veto by the President.
He said that Mr.. Houston had indicated
to the Congress that such would be
his course and read portions of testi-
mony by the Secretary before Senate
committees. which the senator said did
not show that there would be any such
opposition by the Treasury admnistra-
lion. Senator Harrison declared that
Congress had expressed it's wishes al
most unanimously. and yet the Secre-
tary Of the Treasury had seen fit to
throw down that decision" for a course
which the Senate and House had deemed
wise.
President Sees No Advantage.
In returning the resolution without
his approval the President said he
was not convinced that the method
proposed to aid the farmers and others
was wise. and that the benefits, if
any. would offset the evils which
would result, or that the same or
larger advantages could not be OBJ
tanned without resort to govern
of
finance corporation at this time,
the President declared. would exert
no beneficial influence on the situa-
tion. would raise false hopes among
the very people" who would expect
most and would be hurtful to the
natural and orderly processes of busi-
ness and finance
Conteudipg that unCer the law no
direct advances could De made to pro-
ducers by the corporation, the ex-
rcutive declared even il they could be
they would not accomplish the OBJ
jecfs in view.