Evening star., 1934-01-18
Three Hours of Debate to Be
Permitted, With All Points
of Order Banned.
TOTAL APPROPRIATION
AMENDMENT is BARRED
Other Features of Measure Are Left
Open for Possible Changes
on Floor.
BY the Associated Press.

The House Rules Committee today
reported special procedure under which
President Roosevelt's gold devaluation
bill will be considered in the House
Saturday.
The rule provides for a three-hour
debate on the bill proper and one hour
on the rule 1t prevents any points Of
orders which might, If allowed, defeat
the passage of the measure as asked
for by the President. Otherwise, how
ever. the measure is open to amendment
on anything except the direct appropri-
alton Of 81, 900, ,oOo 900 for the stabiliza-
ton fund.
Originally, the Democratic leaders
had planned to call the bill up tomor-
row after it had been formally reported.
Meanwhile, Secretary Morgenthau
told reporters that the Federal Reserve
Bank Of New York, representing the
Treasury, was purchasing gold abroad
as well as domestically. He declined to
give the amount.
We've got to get the bill through
this week." Representative Byrns, the
Democratic leader said, "even If we
have to sidetrack all other legislation
and meet Saturday.
Sees Uncertainty Ended.
"It will have a tendency to relieve
uncertainty as to what is going to be
done If one branch of the Congress acts
on it. The President has got to have
this power to combat the S2,000,0 900 900
English stabilization fund.
"HeaEinss! Let the them hold ht,l hssfart7s heaTings
ridiculous to hold up this bill at this
time. We've got to get it through.
That's all there is to it. I am going
to do what I can to get it through this
week
There is no use in having a lot Of
talk about this bill"
In acting on the measure, the Coin
age Committee added an amendment
requiring the Secretary Of the Treasury
to report to Congress on operations OF
the proposed $4,000 100000 stabilization
fund.
Method Not Specified.
The amendment does not specify how
often or by what means the Treasury
shall report.
Members said that under the circum-
stances they believed a review OF the
operations could be contained In the
Secretary's annual report.
Committee members said there were
two reasons for the amendment: First,
to keep operations of the fund above
suspicion, and, second, to remove any
doubt as to the constitutionality OF this
phase Of the legislation.
It had been argued that Congress
has no right to delegate its power over
money to the President or any execu-
tive officer
Under this amendment, committee
members asserted, Congress would have
at least semblance of control remain
ing, since the Secretary Of the Treas
ury could be held responsible by the
legislative branch If his report showed
anything wrong.
Morgenthau Urges Speed.
The committees approval of the
measure came after Secretary Morgen-
thau had said the need for immediate
enactment was urgent. AS he left the
committees executive session, the
Treasury head said the pound had
dropped from $500 in London yester-
day to less than IS today.
you can use your imagination as
to the need" he told reporters.
Somers said the amendment requir-
ing the Treasury head to report to the
President was acceptable to the ad-
ministratiOn."
Representative McFadden, Republic
an, Of Pennsylvania charged that this
Is another attempt to apply the gag
rule and object" He asserted the Sen
ate was going to conduct extensive
hearings "and you know that this bill
is not going to become law until the
Senate acts on it, and there is no use
rushing it through the House"
Representative Smell Of New York
the Republican leader. said his party
had mo desire to block any OF Presi.
dent Roosevelt's measures, but We feel
that we do not have all the informa-
ton we should have on this important
subject"
During the discussion Of the bill by
members of both Houses today, there
was no answering nod from the Senate
critics to the word from Attorney Gen
eral Cummings that the constitute onal-
ity Of the proposed gold naturalization
was -"clear as q bell"
The authorship row between the two
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