Evening star., 1938-05-01

with Government securities and SAL
aries-although it Is admitted q bill
might be put through
They would be surprised. too, to
see the Presidents one recommended
ton for legislation in his monopoly
message written into law-dealing
with bank holding companies. Yet
this might be accomplished, If Sem
ator Glass Of Virginia gets to work
on the bank holding company bill,
which he introduced jointly with
Senator McAdoo of California. That
measure is still before a subcom-
mittee Of the Banking and Currency
Committee headed by Senator Glass.
Congress is expected, however, to
appropriate the 100000 asked by
the President for a further study
OF the monopoly problem by the
Justice Department. the Federal Trade
Commission and the Securities and
Exchange Commission. Commenting
on the Presidents monopoly mes
sage. Senator Copeland Of New York
said it was terrible" and would add
~ eAAN WoiAACS Va DuSllICSS lilSlSdu Va
restoring confidence.
Navy Bill Due to Pass.
The whole tenor OF the congress
sional song today is Home. Sweet
Home" The bill for an increase in
naval construction Is due to pass
the Senate within the next two DAYS,
perhaps tomorrow.
The new revenue bill has been
agreed on in conference and it is
expected that both Houses will concur
IN the conference report. The House
has passed all the regular annual
supply bills. and they can be COM
pleted IN the Senate quickly, II neces-
sary. Some effort will be made to
do something for the railroads before
adJournment-although probably the
reconstruction Finance Corp. will be
looked to for aid for the carriers.
General railroad legislation is ex-
pected to go over until next session.
Bills dealing with the merchant ma
r1ne and with aviation are awaiting
fnal action. But neither of these
measures is expected to require much
time.
House leaders do not believe thev
VIII have much trouble getting the
relief and recovery bill up for con-
sideration. 1t may contain legislative
provisions when it comes from the
Appropriations Committee which will
prevent its being given privileged
status. as Is given the regular appro-
priation bills. In that event a special
rule would be necessary to get it
before the House. The Rules Com
mittee, it Is believed, would grant
the required rule.
Rumors have been heard about the
Capitol that another effort will be
made before adjournment to revive
the Presidents reorganization bill,
which was recommitted by a vote of
the House after a bitter battle. If
this is attempted, all hope Of an early
adjournment will be lost.
The President has gone on q vaca-
ton and fishing trip and will not re-
turn for week or 10 days. He could
wait until his return to Jump into
the fight to save the wage hour bill,
If he wished. But that would mean
delay, perhaps.
Half . dozen States hold their
primary elections this month, and i've
more in June. The big blocks Of
primary elections come in August and
September. However, members of the
House and the Senate feel they should
be home before long in order to con-
duct their campaigns for renomina-
ton. If Congress does not adjourn,
many Of the members may pack up
and 60 home anyway.
The new La Toilette third party
movement has caused cases of jitters,
here and there. Members of Con-
gress are anxious to know If the Pro-
gressives are going to put candidates
in the field for their places. Coupled
with the recession in business and
employment, this new political activity
Ia bringing uneaSineSs in its path.