The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-02-09
SENATE CALLS
new PARLEYS
ON DEPRESSION
Hearings to Omen Monday
for Airing of Plans to
Speed Recovery.
N0TABLES TO APPEAR
Bankers, Industrial Chiefs,
and Social Workers to
Present Views.
BY RAY TUCKER
Times STAFF Writer

WASHINGTON, Feb. "a deter
mined effort to chart a way out of
the depression will be started by the
senate finance committee Monday.
when it begins hearings at which
the nations bankers. business men.
induStrialists, and social philoso-
pliers will be asked their views on
constructive legislative and govern
mental steps.
In discussing the program, Sena-
tor Pat Harrison Dem, Miss1.
ranking minority member on the
committee and originator of the in
curry, said he hoped the recon-
mendatlons would furnish material
Tor legislation by the incoming adj
mlnistration Asked if he had dis
cuSsed the proposition with Presi-
dent-Elect Roosevelt, he replied:
L imagine this move is satisfac-
tory to him"
No Subjects Barred
That the data is for use bv the
Roosevelt administration and the
special session of congress is clear
from Mr.. Harrisons statement that
the hearings undoubtedly will con-
tinue after March 4.
He said that no subjects were
barred, and that proposals for A.
complete change in industry and
business, as well as suggestions that
may point toward action by foreign
nations, would be heard.
In addition to the witnesses pre-
vlously made public, who include
Bernard M. Baruch, Alfred f.
Smith, Thomas w Lamont, L. F.
Loree, and equally illustrious fig
ures In commerce and industry. the
senator said he had invited numer-
Gus social scientists, economists and
philosophers.
These include John Dewey of Co.
lumbla university, A. A. BerIe.
Roosevelt adviser, John R. Com
mons, of Wisconsin university: Paul
Douglas of Chicago university; F.
w. Taussig, of Harvard; j. Harvey
Rogers, of Yale; E. w. Kemmerer. of
Princeton Felix Frankfurter. of
award; and Scott Nearing, of
Princeton.
Baruch to Be First
Indicative of the proposals tn be
advanced are some of the letters
already received by the committee
from prominent men. These sug-
geSt such steps as disposition of war
debts, readjustment of tariffs. ball
ancing of budgets here and abroad.
prohibition repeal, withdrawal of the
government from competition with
private business, and sound farm
relief legislation.
on the other hand others adj
Voccate such far-reaching action as
reduction of general interest
charges all around, more extensive
relief work, shorter work dav and
week, unemployment insurance. and
various social advances not popu-
larly regarded as governmental
functions.
Bernard M Baruch, New York
nnancier, often mentioned as q
Roosevelt cabinet possibility. will
be the first witness. Others sched-
uled for the first week include C. G.
Ieague, Of California; Frank A
Vanderlip' of New York; the form
er farm board chairman. Alexander
Legge; Jackson Reynolds of the
First National bank of New York
CITY; ex-Mayor John F. Hylan of
New York; Mr.. Lamont, L. J. Taber.
Of the National Grange; E. D. Duff
heId, OF the Prudential Life Insur-
ance company; and L. F. Loree. of
the Delaware & Hudson railroad.
Destinations have been received
from Owen D. Young, who will be
out of the country; John w. Davis
and Alfred P. Sloan, of General
Motors