Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-12-07
PRESIDENT ASKS
SHIP BILL CHANGE
AT SENATE HANDS
Calls for Elimination of
House Provision for An
nual Financing.
SEES FIASCO RESULT OF
OBJECTIONABLE PLAN
Subsidy Measure Makes Slow
Progress in Commerce
Committee.
HOT CLASHES ARE TO COME:
Adrocntes Of Government Aid A..ert
SEES FIASCO RESULT OF
OBJECTIONABLE PLAN
HOT CLASHES ARE TO COME
Advocates Of Government Aid A.,er,
They VIII Fight tn Sustain
Harding View.
IRy Associated pressl

! WASHINGTON. Dec. s-s,orms
awaiting the administration shipping
oil in the Senate we're foreshadowod
during initial consideration of the
measure today by tho Senate Com
mcrce Committee.
me storm center In the committee
was the Madden amendment. at
'achod by the House. making tho
shipping aid fund subject to annual
appropriations by Congress Ad
Nocatcs Of the bill. as proposed nv
'he administration. announced at the
outset they were determined 10
eliminate the amendment and. in sun
port OF their stand Chairman Jorer
presented a letter from President Har-
ding In which tho executive declared
ne would rather tho measure should
iail entirely than to have one enacted
winch VIII bring to us extreme dis
appointment because we have en-
.e'eu upon program In half
hearted and rather Indifferent vay."
Meets Quick Opposition.
Elimination OF the amendment was
opposed by a group OF Republican
committee members composed Of
senator's McNary. Of Oregon: Lenroot
OF Wisconsin. and Willis. Of Ohio.
VINO announced their intention Of
hsht in the committee and in the
senate for some provision giving
congress measure OF control over
fund from which shipping com
panics may be extended loans
amounting annually TO as much ms
100000. 600.
discussion ranged about this dues-
tion throughout two sessions held nv
the committee and finally the mat
! ter was put over until after tho
committee had concluded its CON
sidcration OF other sections of tho
hill. Lat" in the day the McN,ry
l"nroot- Wills group put forward a
compromise under which the an
proNal OF Congress would be required
only Tor any Increase over the
amount OF government aid fixed in
'he original contract entered into
between the shipping Board and the
private companies. This COMPROMISE
received scant favor from Chairman
Jones, who annO.nccd tonight tha,
he stood unqualihedly with the
President
Considcr building Lonn Fund.
Some consideration was given by
the committee today to the section
OF the bill establishing a conytruc-
tion loan fund amounting to not
more than Sl25,0on.000 from which
loans for construction purposes are
To he made to shipping companics
with interest at 4!-2 per cent. h<-
ii'tle progress was made. In fact
progress upon the entire measure
MAS SO slow today that committee
members woulS not venture r. pre
d!ctton when the bill would be pre
ssnted TO the waiting Senate. sun
roTt"rs or the bill had expected that
only day or two would he needed
for committee consideration. but to-
night 1t appeared probable the
ieGisIaton would not reach the Sen
ate before next week
finrdinH Says Program in Jeopart~
The President in his letter de-
cia-ed the Madden amendment would
Jeopa rdize the program hy the
threat of conflict in securing an
appropriation from year to year
and added. the thing is worth doing
right and with every possible enor,
for definite policy for an annie
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(Cc.tinued on Page 4 t,fS ~