The Waterbury Democrat., 1935-06-24

tCOntlnueu rom rage l,) for appointments to discuss the tax situation and that none was on the llstd of callers fo rthe day
 speaker Byrnc In Favor
 Speaker Joseph w. Byrns today favored enactment of President Raosevelt's tax redistribution pro- grem hN this session of congress "even if we have to stay here all summer"
 He added. however. that it still was doubtful whether that would be lone. Byrns predicted there would be little opposition to the program if 1t were brought to a vote In the house.
 Democratic Senate Leader Jos- eph Y. Robinson joined with Byrns in favoring action this session, but some other leaders believed the program of higher inheritance and income taxes on the rich and larger levies on big corporations was too important and complex to be un- dertaken this late in tho session.
 Leaders hoped to clarify the situ- alton soon by obtaining Q direct statement of the presidents desires.
 Byrns, Chairman Robert Dough- ion of the house ways and means committee, Sen. Pat Harrison. D., Miss, and Robinson met later in the office of the secretary of the senate to discuss the legislative situation. None would comment.
 Rep. John E. Rankin. D.. Miss. in a radio address. declared that congress should not think of ad- journing until the presidents pro- gram was enacted unto law.
 This measure should be passed now" he said, and 1, for one, shall insist on congress staying in session until 1t fig put through"
 Rankin declared the nation was "cursed with system of economic feudalism" and said that had he the power 10 write the tax bills he could balance the budget. pay old age pensions, pay the bonus and write off the national debt in 30 years.
 'I would place the same burden of taxes on the rich and opulent, ," he said. fin proportion to their wealth. that we are now placing upon the poor"
 Holding Company Status
 Washington, June 24-(UP)-A move developed in the house today to substitute the strict senate hold ing company bill for the less dras- tic measure approved by the house interstate commerce committee.
 Committee Chairman sam Ray burn, D.. Tex. said the majority report on the house bill probably would be filed late today so that 1t can be brought to the floor.
 The house bill shorn of taxation on dividends and otherwise modi- fled. was. approved late Saturday by the committee. Is to [, One member voted present"
 It gives the securities and ex- change commission permissive powers to bring about simplitica- ton of unwieldy holding company structures.
 It was learned that minority re- port urging substitution of the sen ate bill favored by President Roos- evelt is being prepared by Rep Ed ward c. Eicher, D., Ia.
 Some committee members, in- cluding Rep. Samuel B. Pettengill D., Ind, who favored taxes on holding company dividends and ex- emption of utility security trans fers from federal taxation to en- courage dissolution of holding company structures. doubted the house bills constitutionality.
 Press Clause Dropped.
 Washington, June 24-(UP) Senate and house conferees agreed today to strike from the Wagner connery labor relations bill the house Freedom of the press clause.
 Action on the so-called unit a. fnendment. also attached by the house. was delayed until tomorrow. when conferces expect to complete work on the bill. Adoption of the conference report by both houses would send the bill to the presi- dent.
 The unit amendment would pro- vlda that units chosen Tor collec- five bargaining should not include employee or more than one ems pIoyer.
 The freedom of the press clause provided that nothing ln the blil could be construed aa HhriaglnE khe freedom cf the press 4 was