Evening star., 1933-06-14
INDUSTRY CONTROL
AWAITS SIGNATURE
Clears Last Legislative
Hurdle and Is on Way to
the White House.
BY the Associated Press.

BY the Associated Press.
The industrial control-public works
bill had cleared its last legislative
hurdle today and was on its way to
the White House for signature after a
triple-threat opposition had been
beaten down late yesterday by Senate
administration forces.
The final vote on the kingpin of
President Roosevelt's recovery plan was
comparatively close, 46 to 80, but it
was enough to overcome a combination
of independent Republicans and regu-
lars from both parties. whose favorite
amendments had been greatly changed
in conference. The Senate passed the
bill originally by 81 to "a.
Taking the floor just before the
seven-vote victory margin was an
nounced by Vice President Garner,
Chairman Harrison of the Finance
Committee and head of the Senate
conferees, defended the bill against an
all-day onslaught. He asserted the
conferees tried to carry out in good
faith the wishes of the Senate"
three Lead OppOSltlOn.
Senators La Toilette, Republican. Wis
consin; Borah, Republican, Idaho; Nor
ris, Republican, Nebraska, and Clark,
Democrat, Missouri, had led the OPP
position with assertions the Senate
conferees were prejudiced and made no
real effort to retain amendments for
full publicity of income tax returns,
prohibitions against price-f1xing and
combinations in restraint of trade, and
removal of tax exemptions from Gov
ernment securities.
On the final vote administration
sives and many Democrats who voted
last Friday for the bill. In all, %
Republicans, is Democrats and Ship
stead. Farmer Labor, Minnesota, voted
against adoption of the report.
However, five Republican regulars and
near regulars-Barbour, Capper, Davis,
McNary and Steiwer-decided the issue
favorably by joining Al Democrats for
its adoption.
The measure vests broad powers in
the President to promote self-regulation
of industry under Federal control to
halt overproduction, sweatshop wages
and unduly long hours
1t seeks thereby to increase prices
and re-create employment for millions
of jobless.
Public Works Program.
As supplement to this broad pro-
gram, which would be encouraged
through a two-year suspension of anti
trust laws wherever they interfere with
the objectives of the bill, a $4,000, ,000,-
600 public works project is provided, to
be financed by a Federal bond issue,
with interest and sinking fund require
ments taken care Of by new corporation
taxes and boost in the gasoline levy.
Immediately upon learning of passage.
the Chamber of Commerce of the United
States issued statement appealing to
to take immediate advantage
OF its provisions.
''Today's passage of the national in
dustry recovery act" said the state
ment. signed by Henry l. Hartman,
president, constitutes most important
step in our progress toward business
rehabilitation. 1t should begin imme-
diately to bring about a large measure
of unemployment and an increase in
buying power throughout the country
Above Destructive Competition.
'The act will permit legitimate bust
ness enterprise to lift itself above the
destructive competition which has pre-
vented recovery and which has been
threatening to bring about complete
economic Generalization.
With reasonable opportunity to work
together, business enterprises might
earlier have mitigated the effects of the
depression. Continued denial of that
opportunity, with consequently great
amount of business wreckage, would
inevitably have renewed an era of merg-
ers and combinations that followed
earlier depresSionS and would have
given rise to problems which the
country, in the public interest, should
be spared"
Hartman said, however there were
provisions in the act which I should
have been very glad to have seen elm
mated or changed"
1.-The Chamber of Commerce of the
United States" he said, has consist
emily stood for the real open shop ana
I appeared before the Ways and Means
Committee of the House of Repre-
sentatives to urge that that principle
be contained In the bill.
"I have been assured by those who
will undoubtedly administer the act
that it is their intention to see that
the provisions of the law are fairly and
administered both for the
of labor and industry and
that the act will not be used unfairly
against any group of employers Or
For Tax Publicity.
Senator La Toilette prefaced his
attack on the modification of his in
come tax return publicity amendment, |
changed to allow the President power !
to prescribe the extent of the publicity, |
by moving to recommit the conference |
report. This was ruled out of order,
however, on the ground the House had |
already approved 1t.
Declaring the Treasury was honey
combed with appointees of the past
administration who are unalterably !
opposed to making tax returns public,
he said public inspection had prevented
wilful evasions in Wisconsin /
If there had been full publicity on
national returns, he added, these fla .
grant, wilful and unconscionable eva
sions and understatements revealed by
the Senate Banking Committee would
never have taken place"
Harrison said the Senate conferecs
did try to stand for the amendment"
unchanged He added the income tax
publicity issue was as old as the Civil /
War and La Toilette made no hint" of
his intention to offer such an amend
ment in the Finance Committee.
The Mississippian said the publicity
provision was repealed after the Civil
War because it was affecting the rev. Z
enue" and was repealed again in 1924
after returns had become the subject of
"poSsiD around the tea fables -