Evening star., 1934-01-21
Opposition Is Smothered as
Democrat Majority Shouts
Down Amendments-68 of
G. 0. P. Support Roosevelt.
COMMITTEE OF SENATE
STILL CONSIDERING BILL
= Fletcher Expects Report Tomor-
row, and Passage This Week Is
Hoped For-Silver Bloc's At
tempt to Make Change May
Cause Delay in Legislation.
By the Associated Press.

By the Associated Press.
The Roosevelt dollar -devalua-
ton bill last night swept through
the House to passage by a Smoth-
ering majority of $50 to 40.
A noisy impatient membership
rushed the measure through the
final stages, with debate almost
entirely shut off at the motion of
Democratic leaders, backed by
their huge voting strength.
Republican leaders complained
time and again of gag rule and
charged the Democrats with ig-
norance of the measure they were
passing. One Republican, Beedy
of Maine, went SO fa- as to assert
that mot II men, of the 435 in
the House could explain its pro-
visions to their constituents.
GO. p. Concentrated on Board.
But the Democrats, relying conf
IDENTIFY on the leadership of President
Roosevelt. shouted down all amend
ments except those offered on behalf
Of the administration, and demanded
roll-caI vote to put all. Republicans
and Democrats alike, on record as op-
posing or supporting the President.
Realizing they fought hopeless
cause from the start and had net the
slightest chance Of defeating the bill
the opposition concentrated upon an Ell
IN, 1ho n
penditures from the S2.0000O0O 600
Sterilization fund. The bill specified
that it be administered by the Secre-
tarv Of the Treasury.
When the question was put to an oral
vote, the proponents OF the amendment
shouted their loudest.
The confident Democrats laughed
when they demanded a rising vote and
were borne cut when the count showed
168 against the amendment to 10 IN
favor of II
While the House was considering the
bill. Secretary Morgenthau explained
Government financing plans to the high
officers Of the Federal Reserve System
and received assurances of their sup
port The conference extended over
several hours and gave opportunity for
a thorough review of the financial Sit
uation.
Senate Bill in Committee.
total of slO.O00,OOO.OoO must be
borrowed in the next five and one-half
months A Treasury amendment voted
into the bill was designed to facilitate
this huge operation.
In the Senate tie devaluation meas
ure was still in the committee stage.
The Banking Committee there held
brief hearings which will be continued
tomorrow with Prof. George F. Warren,
author of President RoOsevelts none
tary program, on the stand.
Senate leaders hoped to get the meas
ure through this week, but in view OF
q move by the silver bloc to attempt
an amendment to the bill to aid in re-
habilitating the white metal, some telt
it might take longer. The potency Of
administration pressure, however, was
realized.
the bill late tomorrow, but opponents,
led by Senator Glass. Democrat, Of Viz
ginia think they have possible chance
of an adverse committee vote.
The measure will be brought up on
the Senate floor as soon as possible
after the committee acts. Passage by
a big majority in the Senate is viz
tually conceded.
Specifically the measure proposes lour
things. 1t would:
Give the Treasury title to all the
Nations monetary gold stock, including
that of the Federal Reserve banks.
Fix so per cent of the dollars pres
ert gold content as the upper limit OF
the gold value OF the dollar after re-
valuation.
Provides $4,000. .OOO,OO Fund.
EQUIP the administration with a fund
Of s2,00O,0 100000 obtained from the
added value of the gold after devalua-
ton of the dollar, the fund to be used