The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-07
HOOVER DEFIED
BY CONFEREES
ON RELIEF BILL
House Likely to Approve
Measure Today, Despite
Veto Threat.
ATTACK GARNER SPEECH
G. O. P. Legislators ASSaiI
Speaker for Worst Type
of Bunkum.'
BIZ United Press

By OhtteG Press
WASHINGTON, July Z. - The
$2,122,0 100000 unemployment relief
bill moved toward final enactment
today in a form displeaSing to
President Hoover.
A protracted struggle over the
relief issue was indicated.
The house began final consider
alton of the conference report on
the Wagner Warner relief bill with
indications that it would be ap-
proved before the day was ended.
Despite threats of veto, the
measure as presented by Acting
Chairman Crisp of the house ways
and means committee still contained
provisions which have been attacked
bitterly by President Hoover.
Crisp, opening debate for Demo-
cratic advocates of the bill, said
that some relief measure must be
passed in view of the appalling
situation throughout the country.
Attacks Garner Speech
Leading off for the opposition to
the Wagner Garner bill, Represent
alive Treadway Rep., MaSS), made
"a bitter personal attack on Speaker
Garner.
Referring to Gamers speech in
the house Wednesday Treadway de-
clared the worst type of political
bunkum and demagoguery is an
effort to align the masses against
the classes"
Treadway's attack on Garner was
answered by Representative Rainey,
Democratic floor leader who de-
clared not Garner, but "the Presi-
dent was the man out of step"
The bill, as presented today by
conferees of the two houses, has
been modified to comply with Hoo
ver'S wishes in two respects.
Only the provision granting loans
to private industry did the con-
fereeS refuse to yield to the Presi-
dent.
A few minutes after the conferees
reaffirmed their stand for private
loans to industries, and signed their
new conference report, Hoover is
sued a statement.
Hoover Issues Statement
while I am determined there
shall be relief legislation at this
session Of congress-" he said, II can
not accept the proposal up to now
insisted upon by Speaker Garner,
for I do not propose to further in
crease unemployment by such dis
astrouS action as is now proposed |
through jeopardizing the whole |
credit of the government, and lay
ing our people open to every kind |
of injustice and loss"
The issue was drawn sharply
the Republican President standing
for reelection and the Democratic
nominee for the vice-presidency.
The controversy boils down toI
this:
The relief bill expands the Dor
rowing and lending power of the
Reconstruction Finance Corporation
by $1,000, 100000.
Garner demands these funds be
made available on security to all
the people," particularly to small
businesses, which now can get no
aid from the corporation.
Hit as "PawnbrOking"
Mr.. Hoover insists the money be
loaned only for construction of
revenue-producing and work GREAT
ing projects by states, cities and
corporations.
He declares Gamers plan would
convert the corporation into a
gigantic "pawnbroking business"
and Squander public funds.
On other points the congressional
conferees reached a compromise
with the President after long White
House conferences Tuesday night
and Wednesday.
They acceded to Mr.. Hoover's de-
mand that the $500, 100000 fund for
direct relief loans to states and |
cities be allotted on the basis of
need.
The billion dollar public works |
program of the original Garner bill |
they scaled down to $685., 900, 900. |
Only $190,000,000 of this would be |
undertaken by the federal govern
ment The other $132,00O,OOO would |
be loaned to states for highway con-
struction. J