The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1932-07-07
HOOVER AND GARNER
| IN BITTER CONTEST
| ON RELIEF MEASURE
Each Refuses to Yield on Point
OF Who Shall Receive
Major Benefit
SENATE AND HOUSE AGREE
Only One Point at Issue Be.
tween President and Leg
islative Branches
SENATE AND HOUSE AGREE

Washington, July 7.-(P)-An ada
mant Republican president Thursday
watched congress prepare to proceed
with the amended relief program fav-
ored by an equally unyielding Demo-
cratic vice presidential nominee.
AS senate and house conferees SUBJ
mitted their agreement OH the $2,122,-
100000 misunderstanding to Presi-
dent Hoovers views on all points save
one-there was a noticeable lack OF
indication from Speaker Garner that
he would give way. In fact, Garner
lined up house Democrats behind his
plan which conferees once more had
stamped approved"
The open break between white
house and speaker came Wednesday
after two conferences failed to bring
agreement Garner went back to
Capitol Hill with others who had sat
in the meetings and took the house
floor to insist the reconstruction fl
nance corporation be allowed to make
loans to any individual with security.
President Hoover. in a statement
Immediately retorted "pawnbrokine
business" and stuck by his intention
of vetoing the bill if congress ap-
proves it.
Make Counter Charges
The chief executive and the speak
err charged one another with respon-
sibility for failure to compromise
Garner explaining he had receded
from his stand on other sections OF
the bill.
Il believe you have got to have
Some reservoir Of relief. federal in its
nature Garner told the house. Il
am willing to make surrender, and
then I would like TO give the assur-
ance that congress desires to serve the
whole people of the United States
while the president says I will take
my select clientele or you will take
nothing in the way of relief"
Hoover said the fatal difficulty
was Carriers insistence upon broaden
ing the field of borrowers.
Such an undertaking by the Unit
ed States government makes the re-
construction corporation the most gil
gantic banking and pawnbroking bus
mess in all history" he asserted.
1T would compel the corporation to
attempt to deal with millions of 'peo-
pie in terms of hundreds of thousands
of small and large loans"
The present limitation as to who
can borrow-institution under state
and federal regulation-he continued,
serving to protect the credit struc-
ture of the nation"
Would Restrict Loans
Besides that. he said, adding ST.
500 ,00O,0 900 to the present $4,000 ,0OO.-
900 limit on the corporation. as the
bill proposes. would not provide ade-
quate funds unless the loans were re-
stricted to self -liquidating projects.
Garner held it would, and told the
house:
Il said to the president this morn
ing as said to him last night: I am
through with class legislation. .
I will not surrender the principle that
we ought to legislate for all the peo-
pie rather than preferential class. ="
In the report house conferees sub
mitted just before midnight Wednes-
day night, they amplified earlier ex-
plantations of other points they had
agreed to with senate representatives.
These included $500, 900 900 for loans
to states on the basis of need, limiting
to Is per cent the amount one state
could borrow: 1922 900 900 for public
construction, including $l32 900 900 for
highways, the remainder to be spent
only If the treasury secretary decided
the governments finances will allow.