U.S. POLITICS

Hokitika Guardian, 24 January 1933, Page 6

U.S. POLITICS

CURRENCY INFLATION QUESTION ItEMOXETIZATION OF SILVER.

WASHINGTON, January 22

The domo itic affairs before Congress are attracting ninth attention, although the long filibuster against the Glass Banking Bill, as cabled on January 17th., bae been broken bv a compromise, eliminating the branch clause', the debate iw still a.ud its holding up other 'legislation. • ¥ .fPbbkiy Senator Borah flatly insisted that the Budget could not ) o balanced without “inflation,’’ thus indicating a ' protracted fight between the Eastern a.ud Western sections over the question of inflation of the currency.

Many Westerners are favouring the remonetization of silver, and oilku means to raise commodity ,prices. Tre Easterners generally are defending the o-old standard.

“LAME DUCK” AMENDMENT

(Received Jan. 24th. at 9.18 a.m.) NEW YORK, January 23.

A message from Jefferson City states that the “lame duck” amendment to the' United -States- Constitution received the required ratification of thirty-six" Statosf • when" the Missouri House of 'Rooresentafives approved of the Pleasure to-day.

AMENDMENT OF CONSTITUTION

“LAME DUCK” PROVISIONS

(Received Jan. 24th. at 11.25 a.m.) WASHINGTON, January 23.

United States politics on Monday shook off the grip of the stage coach era with the twentieth amendment of the constitution., which proclaims that, henceforth, officials defeated at ballot 1 -? shall have little voice in the u'overnmont.

In nearly record time, less than a year. • thirty-six- States have ratified the “lame duck” amendment that Congress had taken ten years to agree upon, proposing that it will go into effect, next October loth., controlling terms and the president, Undei' the amendment, Congress will be elected -jn November of any year, and will meet on January 3. The j president will bo elected in November and will take office similarly in Jan- . Under the existing system established in 1788, .in December, after the November elections, the old Congress, full of. defeated members, comes back’and legislates until March 4, .when ito geossjdent takes office on that date. In- , le-ss ho call's a special session, the new | .Congresis, does not meet until next December, thirteen months alter its election.

LOANS FOR FARMERS

IN UNITED STATES

(Received Jan. 24th. at 1.3 p.m.) to WASHINGTON., Uanmuy 23. A compromise was reached to-day by representatives of the House and Senate under which ninety million dollars will be made available lor 1933 crop production loans. BEER BILL APPROVED. (Received 11.30 a.m.) WASHINGTON, January 23. The Ccillier-Hlaine Bill, to • legalise 3.05 per cent, beer was approved today by the Senate judicial committee.