Minority Bill Aims to Tighten Bank Reserve Rules and Depositor Tax
Representative John Sharp Williams of Mississippi unveils a minority bill to curb bank loans and liabilities, requiring reserves, bonds as security, and a deposit tax to safeguard depositors in failing institutions. The measure creates interconvertible notes backed by bonds and Treasury notes, with penalties for stock gambling and a plan to fund a depositor protection fund.
Bank Reserve Reform Aims to Cut Royal Banks Deposits
Representath Gronna of North Dakota introduced a bill to regulate national bank reserves. It would require banks currently allowed to deposit three fifths of reserves in regent counter banks to reduce their deposits to one fifth and keep the other four fifths on hand for immediate availability. The bill also affects banks allowed to deposit one half, requiring retention of their entire reserve. Also covered are hearings before the House Committee on Arts and Expositions on aid for a national Negro fair in Mobile, Alabama.
MENTIONED IN THIS ARTICLE
John Sharp Willams
Missisippi
House
Willams
Lewis
Georgia
Pujo
Kulmana
Glass
Virginia
Gitlhrspie
Texas
Olle James
Kentucky
Crawford
North Carolina
MeIlenry
Pennsylvania
Committee On
Banking and Currency
Batire Harwony Ie
Wiliams
Bret
Congress Condensed House Debates War Claims
The House adjourned amid a summary discussion of war claim repayments and private claims bills. The Senate was not in session, leaving unfinished business ahead of Monday.
Navy Supplemental Estimate Seeks 1.12 Million for Vessel Repairs
Secretary Cortelyou sent Congress a supplemental Navy Bureau of Equipment estimate totaling 1 12,000 for refitting, campment, and repair of several ships. Proposals cover refitting and arming after moves at San Francisco as mine lay vessels, boiler work, and equipment upgrades. Separate line items request 75,000 for alterations to the Brooklyn armoured cruiser and 89,000 for each of Alabama, Illinois, Kearsarge, Kentucky, and Iowa. Additional 13,40 for Paul Jones torpedo boat destroyer repairs.
MENTIONED IN THIS ARTICLE
Cortelyou
Congress
Bureau of Equipment
Navy Department
San Francisco
Brooklyn
Ita
Alabama
Illiois
Kearsarge
Kentucky
Iowa
Paul Jones
Opposition to Alabama Judge Hundley Confirmation Grows in Senate
A Senate panel investigates Oscar W. Hundley’s United States district judgeship for Alabama, denouncing the appointment as political. Witnesses including T. G. Bush and others tied to the Southern Steel Co. face senators Moran and Pettus, who oppose confirmation.
MENTIONED IN THIS ARTICLE
Oscar W. Hundley
United States
Alabama
Caan
Appenter
Committee On the Judiciary
Lue Hinglam
Know, Kittredge, Bacon
Carke
Arkansis
Steel
T. G. Bush
Othe Reesiees
U1el Company
Hundley
Moran
Peties
War Claims Bill Passes with 815545 Payout to Union Veterans
The House passed a war claims measure totaling 815,545 to compensate stores and supplies furnished to the Union army during the Civil War. An itemized distribution follows by state with Alabama at 6000, California 40,000, Florida 4,?3, Missouri 17,010, New York 2,200, Texas 1,189, and Virginia 887.5 among others, with debate noting parliamentary hurdles and adjournment until Monday.
MENTIONED IN THIS ARTICLE
Our’ of Claims
Narions
Alaneima
California
Catorade
Cletriet
Columbia
Plorhta
Gemrnia
Eae
Attra
Sar India
Towa
Kane Faas
FCA
Kentucky
Raatsiana Atin
Marvara
Macsachuset
Saigan
Minnesate
Missouri
Montana
New Hampshire
New Jersey
Fin
New Mexico
New York
North Carolina
North Dakota
Gwlanoma
South Carolina
Texas
Virginia
Wee Virehuia
Mann
Senate
Masking
Morsay
Advocate New Post Office Site Near Union Station
Postmaster General Meyer and City Postmaster urged a city post-office near Union Station before the House Committee on Public Building and Grounds. They argued faster mail delivery and government savings, noting current wagon use costs about 5000 annually. They also suggested reducing clerical staff or relocating workers to the main post-office, freeing space in the department building.
MENTIONED IN THIS ARTICLE
Tnion
Meyer
House Committee On
Anid
Committeemen Chosen for Republican Campaign Committee
Last night the Republican House caucus ratified state delegations for membership in the Republican Congressional Campaign Committee. About thirty members attended as elections for the states were confirmed. States and territories not yet selecting should notify Troper officers by February 19. Rep Peter A. Porter of the old Wadsworth district appeared early. A Democratic primary for Alabama officials and delegates to the Denver convention is set for May 1. TO PREVENT THE GRIP Laxative Bromquin removes the cause E W GROVE signature.
MENTIONED IN THIS ARTICLE
Republican House Cancus
Republican Congressional Campaign Committee
Capitol
Troper
Peter A. Porter
Wadsworth
New York
Alabama
Montgomery
Alt
Denver
Yeomocratic
Pass Privilege Denied Transfer Bills Oppose Free Transport
Senate committee on Interstate Commerce preserved a record against expanding pass privileges for rail lines. It favored Clapp’s bill to grant free transport to furloughed and pensioned employees and reported it favorably. The panel also moved to report unfavorably against transfer company exchange deals and Beacon Crane’s measure to investigate rail switch appliances. A Fulton bill granting ICC authority to suspend 30 day rate notices in car transport cases was set for hearings. A subcommittee was appointed to study La Follette style regulations for interstate tele and rail service and to block franks by government officials.
MENTIONED IN THIS ARTICLE
Senate Committee On Interstate Commerce
Clapp
Interstate Commerce
Stone
Senate Agin
Custom
Crane
Interstate Commerce Commission
HH. Cowan
Murdo McWennie
Compctter
Culberson
Frelzitt
Fulton
Interstate Commerce Commission Authority
Kenn
Taman
Railroads urged to hire more telegraph operators
Chairman Knapp of the Interstate Commerce Commission told the House Commerce Committee that railroads lack a good reason to avoid staffing telegraph stations with enough operators when facing wage tradeoffs. He cited 76 weekly extension petitions and said railroads could hire if they paid sufficient wages, noting some roads argue the law should not be enforced.
MENTIONED IN THIS ARTICLE
Maron
Knapp
Interstate Commerce Commission
House Committee On Commerce Westeracy
Sherman
Postal commission urges executive head to run department
A preliminary report to Congress recommends eliminating four assistant postmasters general and appointing a long term executive head under the postmaster general. The probe also calls for regional divisions, centralized bookkeeping, and reduced centralization to streamline operations across about 62,000 post offices.
MENTIONED IN THIS ARTICLE
Commission
Dostofce Department
Postal Service
Washington
Alaska
Mississippi Valley
District Bills in Hand On Road Widening and Hospitals
Representative Smith received a favorable District Committee resolution urging action on widening SennIng road, while Interior Secretary Garrett opposed a south side road through Anacostia River grounds due to patient care and safety concerns. Commissioners reported unfavorably on a neuro hospital for indigent insane and plan a separate school and wards project costing about $150,000.
MENTIONED IN THIS ARTICLE
Smith
House District Committee
East End
Board For Charities
Isham Seeks Naval Test to Probe Armor Piercing
W S Isham asked the House Naval Affairs Committee to authorize a test of an armor piercing projectile against battleship armor at 3000 yards and, if it fails, a second test with an explosive shell to gauge its effect. He argued minimum ranges and armor trends demand immediate testing. the Texas was proposed as the test ship.
MENTIONED IN THIS ARTICLE
W. S. Isham
House Committee On Naval Affairs
Proving Ground
Tsham
Texas
Navy Needs Emphasized In Pacific Fortifications Discussion
Gen. Bell, chief of staff, at request of Rep. Hobson, told the House Naval Affairs Committee the army supports a larger navy and rapid Pearl Harbor fortifications. He outlined Pearl Harbor as a wartime base and urged immediate construction of a 2 million dollar dry dock. He answered questions on Philippine defenses and joint army navy bases to shield Pacific possessions.
MENTIONED IN THIS ARTICLE
Fell
Staf
Army
Hobson
Alabama
House Committee On Naval Affairs
Bell
Pearl Harbor
Philipines
United States
Pacific
Congress
Dominican Bond Plan Outlined by U S Officials
Dr. Jacob Hollander of Johns Hopkins and Assistant Secretary Bacon discussed a proposed $20 million Dominican bond issue at 3 percent interest redeemable in 10 years. Total debt had been reduced from $30 million to about $17 million after Hollander’s negotiations. A 98 percent customs deposit is moved to distribute to Dominican creditors, with details to be announced soon.
MENTIONED IN THIS ARTICLE
Jacob H. Hollander
Joms Hopkins University
Baltimore
Santo Domingo
Bacon
Clarence R. Edwarde
Bureau of Insular Affairs
War Department
Santa
Republic
Hollander
Fncope
City National Bunt of
New York
Morton Truet Company of
How Aldrich bill defends emergency currency plan
Charles E. Howe of the American Security and Trust Company defended the Aldrich bill as a safe elastic emergency currency not replacing permanent plans. He urged legalization of clearing houses and highlighted government agencies able to assess bond values. He argued for a monetary commission and a banking system adaptable to U S needs.
MENTIONED IN THIS ARTICLE
Washington Banker
Philadelphia
Charles E. Howe
American Security and Trust Company
Washington, D. C
American Institute of Banking
Howe
Treasury Department
Washington
Department of Commerce and Labor
Bureau of Statistics
Bureau of Corporations
Interstate Commerce Commission
American Bankers’ Association
Treasury
Japan
Hse
Congress
Aldrich
Ticker to Tip Members Congress Informing System Trial
A plan to keep Congress members informed of House and Senate activity will be tested next week by Capitol Superintendent Woods. The device, about the size of a typewriter, prints proceedings on a long paper sheet via a wire link and electric keyboard in the Capitol basement. If successful, it will be installed in committee rooms and government departments to aid absent members.
MENTIONED IN THIS ARTICLE
Congress
House
New House
Woods
Capitol
Senate
Temperance petitions pressed for DC prohibition across states
Petitioners from Greeley Kansas Moorestown New Jersey Hinsdale Illinois and Dover New Hampshire urge Senator Gallinger to back prohibition in the District of Columbia. No prohibition bill in the Senate yet though two House measures exist local option and straight prohibition. The Senate committee will act only on bills, so discussion waits until a prohibition measure passes the Senate.
MENTIONED IN THIS ARTICLE
Ciities
Gallinger
Senate
Prohibition
District of Columbia
Kansas
New Hampshire
Senatar
Washington
Greeley
Anderson County
Kans
Woman's Christian Temperance Union
Moorestown
N. J
Calvary Methodist Episcopal Church
Hinsdale
Washington Street
Littlefield Bill Urged Before Judiciary Committee
Mrs. Lillian Stevens president of the National WCTU and Maine WCTU with Matthew E. O’Brien of the national Prohibition party and Rev WH Anderson spoke to the House Judiciary Committee on the Littlefield bill. They argued it would curb evasion of liquor laws by fictitious express firms shipping across state lines into prohibition areas. Representative Henry of Texas said he would not back the bill without a personal use clause. A clash over a possible personal amendment looms as supporters and opponents grapple with constitutional questions and the bill’s aims.
MENTIONED IN THIS ARTICLE
Lillian As
Stevens
Littlefield
Henry
Texas
Littlefield NL
Congress
Judiciary Committee
Trackage Bill Delay Looms Over District Action
The street railway trackage bill faces delays with no quorum at the House District Committee meeting and a planned discussion postponed. Speaker Cannon may allow extended time for final action, while committees and members travel next week. The Burleson and Dolliver school reorganization bills loom as first topics, with petitions for and against expected and hearings likely.
MENTIONED IN THIS ARTICLE
Congress
House District Committee
Smith
Cannon Ito
House
Cannon
Washington
Gleoht
New York
Burleson
New Bills in House Include Veterans Pensions Measure
In the House yesterday several bills were introduced. Republican Mr Bradisy of New York seeks a half pay list for officers and men who served eighteen months in the Civil War. Republican Mr Binghem of Pennsylvania would extend pensions to Confederate prison survivors. Democrat Mr Floof of Virginia proposes appointing a Congressional commission to investigate purchases of American-grown tobacco.
MENTIONED IN THIS ARTICLE
House
Bradisy
New York
Lst
Army
Navy
Marine Corps
Binghem
Fennkoe
Cousins
Iowa
Floof
Virginia
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Sto
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Mabie
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Ganmerclal Ae
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Meneva
Bill
Rev
M. Newsome
Mabile
Alg
South
DHL
Sherman Bill
Charles P. Dudley
Pennsylvania Railroad
Bureau of Safe Transportation
Horse Committee On Commerce
Philippine Commissionere
Conresa
Congress Condensed
Aenston
Advocate
Mr. Barnes
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House Caucus
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Postal Commission
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Clay
Overstreet
Gardner
Moon
Senate Committee On
Gen. Bell
Philippines
Lelia
Aldrich Bill
Temperance
Senator Gallinger
Tragkage
Bill Goes
W.B. Moses & Sons
F_St. Cor
Gichner
Ernest Gichner
Cornice
Tin Shan
St. Nw
George H. Demonet
Fourteenth St. Nw
Geo. H
Firemen's Insurance Company of
Washington and
Georgetown
Raventh Street
Louisiana
City of
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Eldred Q. Davia
J. Wilson
F.C. Ainsworth
BR. A. Casile
Derrick
John Quinn
Geo. W Mob
Allan E Walker
Elwin D. Jones
Roger T. Mitchell
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DR White
Shoemaker's
Tennessee
Frank P. Milburn & CO
Washington, D. C. i
Moforn
McGill & Wallace
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R. Brooks
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Harrison
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F St. N. W
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Guy Standing
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Cyril Scott
Edward Pople
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Skinner
NEW Academy
Esiier
David Higgins Ang Nun
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Ag Stick
Anu An Ves
Ove
Ana
James J. Morton
Sam
Mason and Co
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the Seven Mowatts
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Washington Post