Monday, Jan. 18, 1932
Work Done
The House:
P: Passed (214-to-182) a Democratic tariff bill which: 1) left all existing rates unchanged; 2) requested President Hoover to convoke a world conference for the reduction of "excessive" rates; 3) transferred from the President to Congress his power to flex rates; 4) created the office of "consumers' counsel" with the Tariff Commission. The measure was sent to the Senate. If passed there, President Hoover is expected to veto it as a political trap set to embarrass him.
P: Passed the First Deficiency Appropriation bill ($125,156,252) after reducing its total $14,403,000 below budget estimates and knocking out $700,000 for improvement of the House Office Building; sent it to the Senate.
The Senate:
P: Passed (63-to-8) a bill to create a Reconstruction Finance Corporation, keystone of the President's relief program; sent it to the House. With $2,000,000,000 in assets ($500,000,000 from U. S. Treasury, $1,500.000.000 from the public sale of debentures), R. F. C. will lend money to banks, industry, railroads, farm groups, exporters (save of war supplies).
P: Voted (54-to-17) to lay aside the election of a President pro tempore after 25 fruitless ballots, thus leaving New Hampshire's Moses in that office, much to the chagrin of Republican Insurgents whom he called "Sons of the Wild Jackass."
P: Adopted (63-10-7) for the sixth time a resolution by Nebraska's Norris to amend the Constitution for the elimination of the short ("lame duck") session of Congress; sent it to the House where Speaker Garner promised it favorable consideration.
P: Passed a Resolution by Kansas' Capper to distribute 40,000,000 bu. of Farm Board wheat to the needy; sent it to the House where Chairman John Barton Payne of the Red Cross told a committee that, if asked to do so, his organization would undertake the wheat's distribution.
P: Received from Michigan's Couzens a resolution to investigate advertising by radio, with particular consideration of the possibility of reducing the amount of advertising talk over the air to a bare announcement of the name of a firm sponsoring a program.
P: Received from Attorney General Mitchell a report made by a subcommittee of the Wickersham Commission on the Mooney-Billings case. Its conclusions: 1) "There was never any scientific attempt made either by the police or prosecution to discover the perpetrators of the crime"; 2) "there were flagrant violations of the statutory law of California by both police and prosecution"; 3) "witnesses were coached ... to a degree that approached subornation of perjury."
P: Received from its Banking & Currency Committee a favorable report on the House bill to increase the capital of the Federal Land Banks by $125,000,000
P: Received from Idaho's Thomas a bill, approved by the President as part of his economic program to create a $150,000,000 Depositors' Relief Corp. to make loans to closed banks for distribution among its depositors.
P: Adopted a resolution by Connecticut's Bingham requesting Attorney General Mitchell to report on criminal law enforcement in Hawaii (see page 13).
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