Evening star., 1953-08-01
Adjournment
CONTINUED From First Page.)

ury from 50 billion to $5
billion Of temporary new
borrowing power until the
next session of Congress can re-
view more carefully the bill to
boost the debt ceiling from $275
billion to $500 billion. But the
Georgian did not indicate he ex-
pected this solution to prevail.
Senator Byrd, Democrat, of
Virginia. the leading opponent
of the debt increase, thinks it
will not be needed before Janu-
ary, and is cool to the idea of ad-
journing now and returning for a
special session in October.
Senator George said he be-
heves most, if not all, of the
seven Democrats on the commit
tee will want to check the bill
carefully, take a second and
third look at it, and try to find
out what is to be done with the
additional SIS billion of borrow
ing authority" To do this, he
suggested that the committee |
indicate to the President its |
willingness to return to Washing
ton in the fall, whenever the
Treasury thinks action is i'm
perative.
Against Outright Rejection.
AS today's meeting got under
way, Senator George also made
1t clear, however, that he does
not want to make final decision
today. rejecting the bill outright.
Asked if he would agree to pro-
long this session for a thorough
airing of the debt problem, Sen
ator George said the commit
tee is not prepared to begin on
Monday the kind of hearings
that ought to be held.
In addition to the strong op-
position among the seven Demo-
Gratis, four of the eight Repub-
licanS are at least uncertain on
any vote that may come today.
Senator Malone, Republican,
of Nevada, one of the four, said
he would vote against any quick
increase in the next few days,
land if the Senate does that, it
will be over my protest"
IT don't say that ultimately
I'd be against it," added Sena-
tor Malone, but I want to know
more about it."
Senator Flanders of Vermont,
another of the four Republicans,
said last night his own research
has led him to the conclusion
that the Treasury will not come
within So billion of reaching the
present $275 billion debt ceiling
by January. But Treasury Sec
by January. But Mr.. Humphrey
has stated the Governments re-
quirements will exceed the pres
ent debt limit by December.
Conditional Opposition
unless I change my mind. I
shall vote against it," Senator
Flanders said last night, refer
ring to the House bill. He said
he made his statement condi-
tional. because he said he did
not know what new information
might be presented by the
Treasury today.
But if I had to vote tonight
I would vote no." he added.
Senator Butler, Republican, of
Nebraska, has said he is against
the increase now, and a few
days ago Senator Williams, Re-
publican. of Delaware, said he |
would have to be shown more |
facts than he then had before
he would support the increase.
Yesterday Senator Williams re-
Trained from further comment,
explaining that he wanted to
hear Mr.. Humphrey before dis
closing his position.
Despite this reluctance among
his committee members, Chair
man Millikin indicated he was |
hopeful of action. He empha-
sized, however, that he favored |
a full and fair consideration of |
the issue before the Senate votes.
If the Finance Committee
should report out any debt in
crease, or decide to hold more
complete hearings. Congress may
be here all of next week, or
longer.
The Ways and Means Commit
tee started the bill on its journey
through the House by approving
1t, II to s, in the morning. Chair
man Reed then went to the Rules |
Committee and won the right to |
take the bill to the floor with
two hours Of general debate aHd !