Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-01-23

Il ~ nav O0A ~ OOAAoAACA q WILL "
those recommendations of the
Cabinet Committee on. Small
Business for tax relief that would
involve only a minimum loss OF
revenue.
D. Authorize consolidation OF
wage reporting by employers for
income tax Withholding and old
age and survivors insurance pur-
poses.
v. Strengthening Economic
Ties with Other Countries.
A. Authorize United States
membership in the Organization
for Trade Cooperation.
B. Continue economic assist
ance, including defense support,
under the mutual security pro-
gram.
c. Extend beyond June 80,
1858 the authority of the Export
Import Bank to approve credits.
D. Authorize full participation
by the United States in the In
ternational Atomic Energy
Agency.
vi. Enlarging Public Assets
and Developing Natural Re-
sources.
A. Authorize partial Federal
insurance against industrial
atomic hazards.
B. Authorize a four-year pro-
gram of Federal assistance for
public school construction.
c. Authorize the Fryingpan-
Arkansas project.
D. Take steps to resolve diff
ficulties of State and local gov
ernments in accommodating
metropolitan growth. Estate and
local responsibility.
See also recommendations ]
(B) and (C).
VII. Improving SkiIls and
Technology
See recommendations vi (B)
and XXI (B).
! VIII. Promoting Agricultural
Adjustments
A. Extend Title I of the Agri-
cultural Trade Development and
Assistance Act for one year be-
Iyond June 80. 1857, and raise
the present limit on permissible
losses under this program by
ISL billion.
TX. Aiding Local Areas Of Per-
sistent Unemployment
A. Establish an area assistance
administration in the Depart
ment of Commerce and enlarge
the program Of Federal aid to
Include loans and expanded
technical assistance.
X. Improving Housing Stand
ards.
A. Amend the Servicemen's
Readjustment Act to make the
maximum interest rate on VA
guaranteed home loans conform
to the current maximum appli-
cable to FHA-inSured home
loans.
B Amend the Housing Act
of 1850 to relate the interest
rate on Federal loaIfS for college
housing to market yields on long
term Government securities and
provide for more frequent adjust
ments of the rate.
C. Increase the Treasury sub
scription to the capital stock of
the Federal National Mortgage
Association by 500 million, and
approve additional authorize
lions for FNMA purchases under
special assistance programs.
D. Consider changes in the
home mortgage insurance pro-
gram Iof the Federal Housing
Administration to; facilitate
market adjustments incident
to termination of home loan
guarantee benefits for World War
III veterans.
E. Extend the voluntary home
mortgage credit program beyond
its scheduled expiration date of
June 80, 1857.
F. Revise outmoded foreclosure
laws, remove undue restrictions
ION mortgage lending by out-of-
State institutions, and encourage
the placement of pension and.
welfare funds in mortgage loans.
Estate responsibility.
XII Raising Health Standards
A. Consider proposals for en-
couraging voluntary health in
Surance plans.
B. Authorize a temporary pro-
gram of construction grants for
medical and dental training
facilities.
XII. STRENGTHENING Personal
Security
A. Raise maximum weekly I'M
employment insurance benefits
and lengthen their maximum
duration. where needed, and ex-
tend coverage to employees Of the
States and political subdivisions.
Estate responsibility.
B. Extend unemployment in
surance to employees of firms with
one to three persons on their