The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1932-01-20
SENATE AND HOUSE
|. C0NFEREES NEARING
AGREEMENT ON BILL
Reconstruction Measure Ex.
pected to Be Sent to Presi.
dent in Near Future
WITNESSES URGE BEER BILL
Secretary Stimson Asked to
Furnish Barco Oil Conces.
sion Correspondence

Washington. Jan. 30.-(FeWith
its highest officers already at work,
the reconstruction corporation faced
but few more hours of congressional
consideration Wednesday before it
will be brought into actually by
presidential signature.
Conferees adjusting points Of dis
pute between the senate and house
as to just what 1t will do. by way of
giving business squirt forward,
found their task easy.
After conferences Senator Norbeck,
r., s. Dak.) explained that the task
Of ironing out" the differences is
one that takes time but added, I'VE
are getting along fine and hope to
report the bill tomorrow"
Once that is done, congress prob
ably will take a short time to ap-
prove the adjusted legislation and
send 1t to the other end Of Pennsyl-
vania avenue for President Hoover's
signature.
After six hours Of deliberation
Tuesday and Wednesday conferees
were agreed the $4,000. 000, 900 cor
poration's obligations should not be
eligible for rediscount through the
federal reserve system.
Victory for Senate
This was q victory for the senate
On another major principle OF the
mammoth credit organization
makeup the senate yielded, agreeing
to q house provision to permit the
corporation to make loans to insolv-
e1ft banks to relieve depoettors. A
special administration sponsored bill
to create a separate corporation for
this purpose Is pending in both
houses.
Another point of agreement was a
concession on the part OF the house
the farm loan commissioner instead
Of the secretary of agriculture should
be member of the board Of direc-
tors.
A $4,000, 900 provision for loans to
farmers, conferees agreed, should
stay in the bill in essentially the
form passed by the senate except the
amount will come out of the $780,
100000 instead Of being an additior.-
al appropriation.
The senate finance committee re-
quested Secretary Stimson to fur
nish certain correspondence relating
to the Barco, Oil concession, after
the state department head had sub
mitted kilograms with the oil mat
tiers eliminated.
Advocate Bingham Bill
Senator Barbour, new Republican
member from New Jersey, advocated
the Bingham four per cent beer bill
as q step toward the return to rea-
son and common sense"
DR.. Martin Dewey, New York,
president Of the American Dental as
ISOLATION, testified that the general
nutrition Of the American public,
the general health OF the individual,
and improved dental condit o n s
would be established by making 1t
possible for the American people to
obtain the benefits from light wines
and beer"
Matthew Woll, president Of labor's
national committee for modification
Of the Volstead Act, pleaded for
change to permit manufacture OF
ais per cent malt beverage.
Proposals on Capitol Hill for re-
duction Of federal salaries were stu
died by President Hoover, but he ad-
hered to his position that no general
slash Is advisable.
Further congressional action on
the $6l6, 900 naval construction
bill may be delayed until President
Hoover has passed on 1t.