The Waterbury Democrat., 1935-08-24


 killing 1t for this session.
 Three major pieces of unfinish- ed business-neutrality, utility holding company legislation, and an amendment to the third de- ficiency bill providing a mandatory 12-cent AAA cotton loan-remain- ed to be disposed of. None pre- scented serious obstacle to ad- juctment.
 Chairman Pat Harrison of the senate finance committee and Chairman Robert L. Doughton of the house ways and means com mittee held out their, report on President Roosevelt's $25O, 100000 tax-the-rich bill as lash for ad- journment tonight. The strategy was .o keep the tax bill out until the last moment to prevent mem- bers from catching trains home.
 Colorful crowds thronged the galleries and corridors of the capitol last night as a dying, con- gress moved rapidly to an end.
 Conferees brought in public utility bill carrying most of the drastic provision asked by the ad. ministration.
 Conferees on the gold clause resolution and the alcohol control bills which had appeared headed for the scrap heap, marched in with reports. #95
 The neutrality issue seemed to have been settled when the house approved six-months' embargo on arms to warning nations. A vote was arranged for il a. m. in the senate, which met at 10 a. m.
 The first session of the ,74th con- gress, one of the longest in his. tory, appropriated more money than any peace time congress some $10,300.000,000 It had been in session since January B..
 It enacted legislation affecting every one in America, those with out jobs, those with moderate inc comes and those with princely for tunes. Y
 Met Only One Defeat
 It was a congress of compromise. President Roosevelt suffered out- right defeat on but one issue that of adherence to the World Court.
 Important legislation enacted in- cluded:
 The social securityl program.
 The Wagner -Connery labor re- lations bill.
 Public utility regulation.
 The banking act fo 1885.
 The revenue act of 1895.
 Increased appropriation for na . tional defense.
 Amendments to the AAA and the IVA.
 Neutrality legislation.
 Guffey coal bill.
 President Roosevelt was accused of attempting to alter the whole direction of American business and social life.
 May Change Nations Trends
 Legislation which may change the trends of the nation includes:
 The first measure in United States history for federal super vision of unemployment insurance and old-age pensions.
 A new approach to the question of industrial regulation through the Guffey Coal Control bill, att tackled as unconstitutional and e step toward sovietism for Amer ican industry.
 Greater central control of cred 1t and currency and revision of the federal reserve board.
 Greater public utility regulation with certain holding companies outlawed.
 Abandonment of the "dole" in favor of work-relief.
 Broadened governmental partic- ipation in power distribution,
 Continuation of agricultural benefits.
 The attempt, through the labor relations act, to devise new meth ods for curbing industrial strife.
 The administration was success fui in checking drives of infiation- ists. The presidents veto of the Patman Bonus bill was sustained in the senate.
 failed. The $s,000, 900. 900 Fra zier-Lemke farm mortgage ref- nancig bill was bottled up success fully by administration leaders.
 Longest Of All Fights
 The longest fight of the session was over the $4.Ss0, ,000, ,000 work relief bill, passed by the house on Jan. c4 but not finally approved by congress until April 5.
 It was expected when the ses- sion began the biggest fight would be over the MIRA. This expectation faded when the supreme court nullified the MIRA in the schechter case, forcing the administration to be content with a skeietonized NRA organization.
 Revision of invalidated New Deal legislation included a new "'Iyot oil" bill, new rail labor leg islation, chansNs in the AAA, IVA and labor relations bill. The Fra xier-Lemke farm moratorium bill was passed in altered form as q