Evening star., 1947-11-20
Tobey Demands
Quick Law 10
Fight Initiation
People Bitter, He Says;
Committee to Begin
Work on Program
By J. A. O'LeoY

chairman IODey OF Lne Sen
ate Banking Committee today
called on the Republican Con-
gress to move without delay to
solve the imitation problem, as
serting "the American people
have become ugly and bitter over
this tragic price situation"
He made this statement in an
nouncing that his committee de-
cided today to go ahead Immediate
ly with a four-point anti-infation
program, but delayed action on
President Truman's request for
standby price-Wage and limited ra-
tioning control power.
Although not committing himself
on the major issue of rationing,
price and wage controls, the New
Hampshire Republican said
Damn the torpedoes, let's go
ahead. The American people are
looking for bread-dont give them
a stone"
Bill Drafts Due Next Week.
He said his committee will begin
consideration Monday morning at
1890 o'clock on portions of Mr.
Truman's message to Congress,
namely:
Restoration of consumer credit
regulations; whether bank credit
needs new controls; extension of
rent control, and regulation of spec
ulation on commodity exchanges.
Bills on these subjects will be pre-
pared for the committees consldera-
ton next week.
Asked by reporters if his COM
mittee would also go into the two
most controversial items in the Tru-
man message-rationing and limited
control of prices and wages on a
selective basis-Senator Tobey said
bills on those subjects would not
be introduced Immediately because
the situation sis somewhat neb-
ulous" as to how far the administra-
ton wants to go.
To See Snyder Tomorrow.
He said he has a conference to-
morrow with Secretary of the Treas
ury Snyder, and indicated he will
seek further light on the admin
istration's plans. Asked for his own
view of the price situation, Senator
Tobey replied:
Il have an overall opinion that the
American people have become ugly
and bitter over this tragic situation
we have today. How men of moder-
ate means can get by is beyond me-
The paramount question before us
today is to give relief from this situ-
ation.'
He said he may be able to tell
after his committee has been at work
a few days next week how far this
session may go in dealing with infla-
ton.
Democrats Pledge Aid.
The Senate Democratic Policy
Committee, at meeting today, Of
fered to cooperate with the Repub-
lican majority sin enactment of the
Presidents" domestic program, sug-
gesting there should be mo partisan
politics" in dealing with imitation.
The Democrats revealed their
strategy on drafting of specific cost
of living legislation will be to wait
"a reasonable time" to see what the
hearings planned by the Republican
leaders developed.
Meanwhile, two discordant notes
we're sounded on the related prob
lem of stopgap aid to Western
Europe, which won unanimous ap-
proval in the Senate Foreign Rela-
tions Committee yesterday:
1. Senator Ball, Republican, OF
Delaware, said the Truman foreign
aid program, both interim and long
range, is shaping up "as a gigantic
blank check" He said there is gen.
eral agreement of the need for send
ing food and fuel to help tide
Europe over the winter, "but there
will be controversy over the amount
the United States can furnish with
out seriously hurting our own econ
omy." He also indicated opposition
to too much latitude in allocating
the funds.
2. Senator Capehart, Republican,
1ONI~DrCC noro O0