The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-04-12
LONG LEADING
NEW REVOLT
Continued from page one)

lShed his dramatic effort to pre-
vent the revolt from spreading.
This party controversy, which
was encouraged by Senator Ar
thur Robinson, Republican, Indi-
ana, conceded with indications of
a difference of opinion between
President Roosevelt and Senator
Carter Glass, Democrat, Virginia,
on some features of the sweeping
bank reform measure which the
Virginia senator and a banking
subcommittee now are trying to
put into final shape. ~.
That the differences might be
more intensified than appeared
from first reports was indicated
when it was learned at the White
House late yesterday that Mr..
Roosevelt has reached no decision
on the bill and that it might be
some time before he would. 1t
previously had been generally I'M
derstood that Mr.. Roosevelt was
solidly behind the measure. 1t was
almost ready for introduction.
Reports Of disagreement were
whispered about the senate today
after Glass had returned from a
conference with the president at
the White House and with Secre-
tary Of Treasury William II.
Woodin at the latter's office.
They appeared to concern the
| modified deposit guarantee provi-
sion of the Glass bill, which the
president was variously represent
ed as opposing and approving, and
the provision for separation of in
vestment affiliates from CONNER
cial banks of which Woodin was
reported to be skeptical.
Glass conferred later with
Chairman Henry B. Stegall of the
house banking committee, CO.
4 sponsor of the measure. He an
nounced afterward that he. had
called his subcommittee togethea
tomorrow to consider the bill
again, apparently with the idea
Of discussing the changes proposed
by the administration.
Reports from usually authentic
! sources indicated that the presi'
dent wanted the bill divided into
separate measures instead Of one
general bill. The upshot of tht
conflicting reports was. that The
measure undoubtedly will be ions
delayed.
When asked whether the presi'
dent was for or against the depos
it guarantee, the diminutive sen
ator retorted:
II don't know" $780,.
| Informed that former Senator
Gilbert N. Hitchcock, Democrat
Nebraska, had said after a White
House visit yesterday that the
president was for such a guaran
tee, Glass said:
"Then the president told Gil
bert more than he told me-"
The stormy debate in the sen
ate yesterday revolved about tht
bank holiday bill, the econom!
measure, especially the cuts il
veterans compensation, and the
pending farm bill, all of which
Long sarcastically dismissed BY
shouting "we've swallowed enough
| of this stuff"
Robinson replied that President
Roosevelt is not to blame for the
bank situation. He explained thai
advisers Of former President
Hoover had urged him to declare
! a banking holiday toward the close
| of his administration, but thai
| Mr.. Hoover and Mr., Roosevelt
could not reach an agreement or
| its terms, .....-
Everybody knew that thf
banks could not be opened imme.
diately," the Democratic leader
declared. 81 don't think it's fail
or honest to charge President
Roosevelt with failure to open the
banks. ... .....-.-.
ale has done more in his four
weeks in office than any chief ex-
ecutive has ever done in a COM
parable period. .-... ..- o..
IT think the president is en-
titled to the sympathetic cooper
alton not only from his party as
sociates but from every patriot in
the land. l doubt if there's anoth-
er man living who has given more
of his life, thought and brain to
public service than Franklin D.
Roosevelt" ....- 49,. ...