Monday, Apr. 25, 1932
Work Done
The Senate:
P: Passed a $45,500,000 Interior Department appropriation bill; sent it to conference.
P: Passed a resolution by Pennsylvania's Reed to investigate the effect of depreciated foreign currency on tariff rates.
P: Received from Einar Hoidale, Minnesota Democrat, a contest to the seat now occupied by Republican Senator Thomas D. Schall of Minnesota.
Committees of the Senate:
P: Voted (9-to-8) to seat Alabama's John Bankhead rather than its James Thomas ("Tom Tom") Heflin.
P: Approved an investigation of expenditures in the forthcoming presidential campaign.
P: Approved the bill by Virginia's Glass to curb speculation by banks on Federal Reserve credit.
P: Approved a House bill to tax radio broadcasting stations from $120 to $5,000 per year for their Federal licenses.
P: Approved a bill to permit states to tax national banks.
P: Rejected (11-to-8) a resolution by Nevada's Pittman to query all nations on the Senate reservations to the World Court protocol.
P: Heard railroad representatives oppose a $500,000,000 bond issue for river and harbor development.
P: Heard President Richard Whitney of the New York Stock Exchange explode the "billion-dollar bear raid" rumor, and oppose the stock transfer tax provision of the House revenue bill.
The House:
P: Passed the District of Columbia appropriation bill.
P: Passed 14 bills relating to the local government of the District of Columbia.
P: Passed 16 minor bills relating to Indian affairs.
Committees of the House:
P: Approved a bill to create a fund to guarantee the deposits of member banks of the Federal Reserve System.
P: Continued hearings on the Soldier Bonus.
P: Heard Federal Reserve officials oppose a bill instructing the Federal Reserve to raise and stabilize commodity prices.
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