Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-07-22
Congress
Continued From First Page.)

weeks to consider the measure in the
Senate, including its consideration in
committee.
Everybody realizes it is the desire
of Congress to adjourn as soon as
possible, and l can see no reason 1t
should be in session later than Au-
gust Is
However, the announcement by
Borah that the two bills are quite
certain to be attached to Roosevelt
must" measure, probs bly, the tax bill,
Immediately raised this question in
the minds of many observers:
will the Roosevelt tax program be
strapped for this session if the back
ers of the two measures mentioned by
Borah succeed in their attempt?"
1t was generally considered certain
that the development would spur the
efforts of those Republicans and Dem
ocrats who have been trying to get
Congress to adjourn now without act
ing on the tax bill.
On the other hand, Borah's state
ment was interpreted as giving new
force and attention to the drives for
the Frazier-Lemke plan to issue up
to $4,000, 100000 in new money to
refinance farm indebtedness at low
interest and the Patman plan, already
defeated once this session, to pay the
bonus in about $4,000, 100000 worth
of new currency.
L expect to see Congress still in ses-
sion on November l." Borah's state
meat last night said. Two must
programs seem to be colliding.
Seen as Must" Bills.
1T is now quite certain, In fact
determined, that upon. either the bank
bill or the tax bill. probably the tax
bill, the Frazier Lemke refinancing
bill for the farmers and the bonus bill
will be attached as amendments in the
Senate.
THE friends of the Frazier-Lemke
bill and the bonus bill have concluded
to make these two bills must meas
ures. This means that we will be
here November /. Well, vacations are
more or less of luxury anyway"
The statement was interpreted as
placing Borah in the forefront of the
leadership for the two measures. Since
many administration leaders were out
of town or unavailable during the week
end, observers, trying to figure out
what action the administration might
take, had to depend on past utterances.
They recalled that in vetoing the
Patman bill earlier this session, Pres
ident Roosevelt spoke critically of
printing press money" He said the
practice of meeting recurring de-
mands by the issuance of Treasury
Totes" invites AN ultimate reckon
ing in uncomfortable prices and In
the destruction of the value of saw
ings."
In the Juror over other measures
The quiet but fierce struggle over the
Frazier-Lemke bill has received COM
paratively little attention. This bill
Is distinct from a mortgage morato-
rum measure of the same name
which the Supreme Court ruled I'M
constitutional. 1t would buy up out
standing farm mortgages and re-
issue them to farmers in the form of
47-year amortization loans. The pay
ments on these loans would be IA
per cent year interest, and IN per
cent on the principal.
p.t;,;ov, ua "a Eouvht
With the bill pigeon holed by the
House Rules Committee, its hackers
have been struggling to get ZIG sigma
lures on a petition to force House
vote on it. They succeeded in getting
more than 200, but the number has
see-sawed back and forth as Demo-
cratic leaders went to work on Demo-
Gratis who had signed
The leaders told the signers the
President was opposed to the measure
and would veto it. At times they
succeeded in reducing the number of
signatures. 1t now stands at 200.
Angered, hackers of the measure re-
Gently asked President Roosevelt
whether the Democratic leaders we're
acting by his direction. The reply
was declared to be that the President
had given no such orders. Triumph
antly the bills hackers confronted the
House leaders with this information.
The latter, however. indicated they
felt the White House was back Of
them. They went right on trying to
remove signatures from the petition.