The Waterbury Democrat., 1939-07-01
Monetary Powers
 Will Be Revived
(Continued from Page D

after writing in the arms and am- intuition embargo which is in de- fiance of administration policy. A motion to recommit the bill-vir- tually killing 1t for this session. lost by vote of 196 to 194 and the bill was passed finally by 200 to 189, margins so slim that senate isola- tionists are confident they can fur ther amend the legislation although they expect to kill 1t altogether.
 Tinkham Excited
 There were some breathless mo- ments in the House. Rep. George Holden Tinkham, R., Mass, bitter foe of foreign entanglements, was prancing with hope and confidence as the House voted on his motion to recommit. His exuberance faded as a recapitulation of the vote sus- tained the tally of his defeat and the sad tidings found him, finally, dejected and sitting spraddle-legged on the House floor.
 The conference report now pend- ing has been through the legisla- tive mill. The Senate altered the House bill by voting down dollar de- valuation. tipping the price for do- nestle silver from 64.64 cents to 77.57 cents and forbidding further pur- chase of foreign silver.
 A compromise was worked out un- der administration pressure to re- store dollar devaluation, fix the do- mestic silver subsidy at 71.10 cents and restore authority to purchase foreign silver. The House accepted that compromise. The Senate never had chance to vote on it last night. The fllibuster prevented it.
 But Murphy's opinion may help the administration out of the mone- tary depths. Whether the supreme court would uphold his judgment probably will be a question brought quickly to showdown If the Senate approves the bill Wednesday.
 Silver Price Down
 Down with dollar devaluation and the stabilization fund went the treasury subsidy price of 64.64 cents an ounce for domestically pro- duced silver. But 1t was that fixed price and not authority to purchase silver that lapsed. None can say what the silver policy is to be except MT. Roosevelt, who has said nothing, and Secretary of Treasury Henry Morgenthau, Jr., who says he does not know.
 Morgenthau remained at the treas- ury during the hours of Senate de- bate-adjournment came at 2:53 a. m. (EDT). MT. Roosevelt was in the White House study until after mid- night and only a few minutes earlier announced that he had signed two last minute appropriations bills, reprimanding congress in connec- tion with each.
 He signed the $l,755, 500 900 work relief bill which appropriates for the works progress administration and relayed activities, and the ag- riculture department and farm credit administration supply bill.
 Bill Criticized
 He criticized the relief bill on four counts:
 l. The security wage provision would reduce security wages in northern and western areas and in crease them "in that portion of the nation which has 8 warmer cli- mate."
 2. The compulsory 30-day vaca- tion for relief clients employer more than IS months provided no discre- tion for families in dire nee j.
 3 The 3.4 per cent limitation on administration expenses will impair efficiency.
 4. Abolition of the federal the ater project, assailed in the senate and house as spotted with com- munism, "is discrimination of the worst type"
 In a min: :ographed statement, he remarked that this major appropria- tion bill "comes to me from the congress at 10 p. m., June 30. Ob- viously cannot withhold my sig nature and thereby stop work re- lief for the needy unemployed"
 Run Out On Pact
 Signing the farm bill, he com- ---.------------------ = 1 ~