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GETTING HIS WAY

EOOSEVELT'S BILL

NEARING THE VOTE

(Received January 27, 1.30 p.m.)

WASHINGTON,. January 26,

The final Senate; consideration of the Roosevelt Monetary Bill became imminent today as an amendment to create a board of five to handle the stabilisation fund was defeated and the way apparently cleared for the enactment of legislation in the form that Mr. Roosevelt desires.

Senator Reed, of Pennsylvania, led the attack on the Bill in today's debate. He,said: "The first purpose of this Bill is to do with Government bonds that dishonest thing we .have been condemning bankers for. It will create an artificial market for these- bonds. Wh,en bankers do : that we say, ' Gaol them.' When the Government does it we say, 'It is praiseworthy.' " v

Th'o -Democratic majority is. determined to press for a vote tomorrow, although the Senate usually enjoys a holiday on Saturday.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19340127.2.99.4

Bibliographic details

Evening Post, Volume CXVII, Issue 23, 27 January 1934, Page 12

Word Count
144

GETTING HIS WAY Evening Post, Volume CXVII, Issue 23, 27 January 1934, Page 12

GETTING HIS WAY Evening Post, Volume CXVII, Issue 23, 27 January 1934, Page 12

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