Evening star., 1932-02-08

(COntinued From First rage
together with special application blanks
now being prepared;
Col. Knox obtained President Hoover
ideas Of the anti-hoarding organization
at a breakfast table discussion at the
White House. Knox previously had con-
ferred with Dawes.
At the White House the publisher
was informed by President Hoover OF
the pledge from more than 40 national
associations that their 20,000,000 mem
bers are prepared to cooperate in
united campaign. II successful, the
President estimates 1t will add Sl0,-
OO0.O00,000 to the Nations credit
volume.
Knox planned to return to the Ex-
ecutive Mansion for another conference
later in the day.
In addition to its direct relief bills,
Congress has before it the measure to
relieve depositors of closed banks and
to iberaltize the Federal Reserve redis-
count rules. with President Hoover urg-
ing early enactment
The House Ways and Means Com
mittee tackles the other side OF the
problem - raising the billion dollars
necessary for balancing the budget by
increased taxation. The committee
starts that task Tuesday with a bill
expected by March l.
Reports on Expenditures.
The Chndren's Bureau of the Labor
Department issued report stating
that the average monthly expenditure
for families under care in 1880 was
S23S3 1t reported that eight cities
gave their needy families more than
$40 a month, while in four cities re-
lief on the average was less than $40
q month. -
Detroit. whose relief bill was just
short Of $9, ,000, 900 in 1880, expended an
average Of 1857 per family under care
Buffalo. s28.17; Hartford, S27,37;, Cleve-
land, s27.2l Washington, -$2l.57; Gin
1854: st. Louis, sl6.ss; Newark, s16,15;
Chicago. s1507; Richmond, Sl4.39;
Louisville, $1421; Springfield. ILL.,,
sI3.71; Grand Rapids, 1888; Akron,
Sl3.33; New Orleans, sI3.32; st. Paul,
Sl2.52: Kansas City, Mo, $f2.28; Den
yer, sll .8s; Minneapolis, sl0.53; Wichita,
Slu,4s; Des Moines, Sl0.28; Sioux City,
1884; Lancaster, s9.l3. and Columbus,
$3.50.
Glass and Walcott Confer.
Senators Glass, Democrat Virginia,
Ind Walcott. Republican, Connecticut,
Gre comforting on the banking revision
legislation, but it seems unlikely their
conferences with Government financial
Experts will be concluded much before
the end of the week
Hearings will be resumed week from
tomorrow before the Senate Banking
Committee on the Hoover proposal for
establishment of a Federal system of
home-loan discount banks.
Meanwhile, Harry S. KiSSell former
president of the National Association Of
Real Estate Boards, said changes made
in the bills calling for system OF Fed
eral home-loan banks made imitation
out of the question"
Some opponents Of the proposed
system have claimed in testimony before
committees that the banks would cause
another real estate imitation.
Stevenson Makes Statement.
Another statement by the present
head of the real estate boards, L. It.
Stevenson Of Pittsburgh. said quick
passage Of the land-banks bill would aid
more than any other measure under
consideration to bring about the spend
ing programs advocated by Mr.. Hoover
to end boarding
The Peoples Lobby, Of which Prof.
John Dewey is president, said that
swell known facts about concentration
of income show that only Federal taxa
tion can equalize the cost Of caring for
AMERICAS unemployed"
Advocates Of local and State relief
of the unemployed, whether in or out
Of Congress- are agents or tools Of multi
millionaires" the statement said, whose
income is derived largely from property,
and who still indulge the delusion that
the function Of Government is to help
the rich grow richer and to tax the poor
into deStitution."