The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-14
WET BLOCS OF
BOTH PARTIES
BURY RATCHET
Agree Unanimously to Seek
Liquor Referendum by
States.
CREDIT BILL IN HOUSE
Finance Measure Passage
Friday Is Forecast
by Leaders.
By United Press

By United Press
WASHINGTON, Jan. 14.-Leaders
of Republican and Democratic anti
prohibition blocS in the house to-
day agreed unanimously to seek a
congressional vote this session in a
proposed constitutional amendment
which would resubmit the eight
zenith amendment to popular
referendum.
The suggested amendment will
be placed before the entire men,
bership of the prohibition blocs
at special meeting Friday. Lead
ers hope to obtain a house roll
call on the proposition early this
session.
They were unable to agree on an
other measure which would modify
the Volstead act. 1t was under
stood they combined on the refer
endum proposal because they felt
this would be supported by many
congressman who do not care to go
on record in favor of repeal or modi-
fication of the prohibition laws.
Appear for Beer
Three Republican congressman
meantime, appeared before a senate
committee and prescribed beer as a
remedy for depression, the hard
liquor habit and the rule of bootleg
ger and racketeer.
Passage of Senator Bingham's 4
per cent beer bin would be "the
greatest thing for the country"
Representative Baldridge (Neb.)
told the committee. at would
change us from a nation Of hard
drinkers to a nation like Germany,
drinking wholesome beer"
Baldridge said young people in
Nebraska had fallen prey to boot
leggerS in great numbers.
Representative Cook IN. " de-
clared the return of beer would be
a great aid to prohibition enforce
ment, would lessen the magnitude
of bootlegging and alleviate the
present countrywide opposition to
prohibition"
Cites Job Openings
He said more beer was now being
consumed in Buffalo, N. Y, than
any time since prohibition. -Four
Buffalo breweries produced 28,000,-
600 gallons of wort in 1881, he said.
This was delivered to private homes,
Cook added, and fermented into a,
drink containing 4 to per cent of
alcohol.
Representative Mas, Minneapolis.
estimated the reopening of breweries
at former production levels would
give employment to more than
100000 workers. He said 1890
would be given work in st. Paul and
$500 in Minneapolis.
The administration linked its bill
lion dollar tax increase program to-
day with the two-billion dollar re-
construction finance corporation as
twin agency for reviving business.
The house continued work upon
the reconstruction bill, with plans to
pass it Friday, while the ways and
means committee resumed its study
of taxation.
Requires Good Credit
Undersecretary of Treasury Ogden
Mills assigned to tax increases a
share with the huge credit agency
In pulling business out of the de-
preston. He explained that restora-
ton Of confidence requires that the
government maintain an unassail-
able credit position.
This can be attained only by
balanced budget. To this end, taxes
must be increased and borrowing
stopped, he said. The treasury
wants to cease borrowing in June
and balance its budget by July l,
1888, he revealed.
His enunciation of policy pro-
voked an immediate challenge from
Democrats. Speaker John N. Gar
ner agreed that the budget must
be balanced as soon as possible, but
said the government must continue
to borrow if that is necessary to
provide relief.
Conference Needed
The house faced flood Of amend
ments today on the reconstruction
bill. BY passing the measure Fri
day, it may reach President Hoover
early next week. A conference will
be necessary to adjust differences
in the house bill and that passed
Monday by the senate.
President Hoover is prepared to
set up the machinery Immediately.
1t was learned today that the direc-
tors Of the corporation to be ap-
pointed by him very likely will be
Bernard M. Baruch, well-known
Edward N. Hurley, war
time director Of the shipping board:
Henry M. Robinson of California,
Angus Mclean, former assistant
secretary Of treasury and former
Governor Of North Carolina.
Governor Eugene Meyer Of the
federal reserve board is expected to
be chairman.
Works on Financial Measures
One of President Hoover's fnan-
cial relief measures was ready to
go through the final conference
stage today. This bill, providing
S100,000,00 additional credit for the
federal land banks. was passed by
the house before Christmas and BY
the senate Wednesday. The senate
added S25,000,000 to provide for a
moratorium on certain farm mort
cages.
Senate finance subcommittee be.
gan work today on two other fnan-
cial aid measures, one setting up a
$3.50, 100000 corporation for relief of
depoSitors in failed banks, the other
creating a series Of mortgage re-
discount banks.
Grasshopper Found