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Congressional Record-Sena-Te Senate 2832 CONGRESSIONAL RECORD-SENA-TE JANUARY 22. Also, a bill CH. R: 16459) granting ·a pension to Catherine bill 15600, to establish minimum levels for certain lakes· in Boyle; 'to the Committee on Invalid Pensions. Minnesota; to the Committee on Rivers and Harbors. By Mr. VINSON of Georgia: A bill CH. R. 16460) for the 8765. By Mr. SMITH of West Virginia: Petition of the relief ·of United States I'viarshal' George B. McLeod; to the Baptist Young People's Union, of West Virginia, by Miss Committee on Claims. Lulu Meadows, president, urging that Congress enact a law By Mr: WIDTLEY: A bill CH. R.16461) granting a pen­ for the Federal supervision of motion pictures; to the Com­ sion to Katherine Shaffer; to the Committee on Pensions. mittee on Interstate and Foreign Commerce. 8766. By Mr. WELCH of California: Petition of citizens PETITIONS, ETC. of the fifth congressional district, San Francisco, Calif., Under clause 1 of Ru1e XXII, petitions and papers were urging the enactment of House bill 7884; to the Committee laid on the Clerk's desk and referred as follows: on the District of Columbia. 8752. By Mr. CLARKE of New York: Petition of the mem­ 8767. By Mr. WYANT: Petition of Scottdale Union, bers of the Woman's Christian Temperance Union, Sher­ Woman's Christian Temperance Union (230 members), urg­ burne, N.Y., urging Congress to enact a law for the Federal ing passage of Hudson bill regulating moving pictures; to supervision of motion pictures, establishing higher standards the Committee on Interstate and Foreign Commerce. before production for films that are to be licensed for inter­ 8768. Also, petition of the Westmoreland County Woman's state and international commerce; to the Committee on Christian Temperance Union, requesting support of the Interstate and Foreign Commerce. Sparks-Capper amendment to the Constitution cutting out 8753. By Mr. CRAIL: Petition of many citizens of Peta­ approximately 7,500,000 unnaturalized aliens in making new luma, Calif., favoring Hou.Se bill 9994, for the purposes of apportionment for congressional districts, and requesting furnishing Braille books for the adu1t blind; to the Com·­ support of Hudson bill <H. R. 9986) providing for Federal mittee on Education. motion-picture commission, to assure production of pictures 8754. Also, petition of many citizens of Los Angeles of higher moral tone; to the Committee on Immigration and County, Calif., favoring the passage of House bill 7884, a Naturalization. bill for the exemption of dogs from vivisection; to the Com­ 8769. Also, petition of J. Howard Snyder Post, No. 781, mittee on the District of Columbia. Veterans of Foreign Wars, of Irwin, Pa., requesting support 8755. By Mr. CULLEN: Petition of the New York Tow of Wright-Patman bill to- provide for immediate payment in Boat Exchange, submitting to Congress the necessity of full of World War veteran's adjusted-service cettificates; to early appropriation of funds to be applied to the acquire­ the Committee on Ways and Means. ment, by purchase or construction, of such vessels and for the support of additional personnel, which in the judgment of the captain of the port is considered necessary to the SENATE effective administration of his office; to the Committee on THURSDAY, JANUARY 22, 1931 Interstate and Foreign Commerce. 8756. By Mr. HICKEY: Petition of V. E. McClain and (Legislative day of Wednesday, January 21, 1931) other residents of South Bend, Ind., urging the passage of The Senate met in executive session at 11 o'clock a. m., an amendment to the World War adjusted compensation act, on the expiration of the recess. providing for immediate cash redemption of the soldiers' Mr. FESS. Mr. President, I suggest the absence of a bonus certificates; to the Committee on Ways and Means. quorum. 8757. By Mr. KINZER: Petition of citizens of Lancaster The VICE PRESIDENT. The clerk will call the roll. County, Pa., favoring enactment of legislation providing The Chief Clerk called the roll, and the following Senators for payment of adjusted-service certificates; to the .Com­ answered to their names: mittee on Ways and Means. Ashurst Fess Kendrick Sheppard 8758. By Mr. McKEOWN: Petition of the Reynolds­ Barkley Fletcher Keyes Shortridge Harjo Post, No. 125, of the American Legion, located at Bingham Frazier King Smith Black George La. Follette Smoot Okemah, Okla., urging passage of a bill providing for the Blaine Gillett McGill Stelwer ·payment iri full of the adjusted-service certificates; to t!le Blease Glass McKellar Stephens Committee on Ways and Means. Borah Glenn McMaster Swanson Bratton Goff McNary Thomas, Idaho 8759. By Mr. MOONEY: Petition of Lincoln Civic Associa­ Brock Goldsborough Me teal! Thomas, Okla. tion, of Cleveland, urging the Congress of · the United Brookhart Gould Morrison Townsend Broussard Hale Morrow Trammell States to enact such laws and appropriation of funds as Bulkley Harris Moses Tydings will prevent loss of property by its citizens; to the Commit- Capper Harrison Norbeck Vandenberg tee on the Judiciary. · Caraway Hastings Norris Wagner Carey Hatfield Nye Walcott 8760. By Mr. REED of New York: Petition of Woman's Connally Hawes Oddie Walsh, Mass. Christian Temperance Union, of Salamanca, Frewsburg, Copeland Hayden Partridge Walsh, Mont. Couzens Hebert Patterson Waterman and Randolph, N. Y., urging the enactment of a law for Cutting Heflin Phipps Watson the Federal supervision of motion pictures; to the Commit­ Davis Johnson Pine Wheeler tee on Interstate and Foreign Commerce. Deneen Jones Pittman Williamson Dill 8761. By Mr. ROBINSON: rtesolution of the American Kean Reed Legion Auxiliary, of Waterloo, Iowa, unanimously urging Mr. WATSON. I wish to announce that my colleague that legislation be passed for the Federal supervision of the junior Senator from Indiana [Mr. RoBINSON] iS neces­ motion· pictures, as in the Grant-Hudson motion-picture sarily absent on account of illness in his family. I will let bill [H. R. 9986], signed by the president, Emma Balen­ this announcement stand for the day. sifer, and the secretary, Mrs. Arline Brees, both of Water­ Mr. BROUSSARD. I desire to announce that my col­ loo, Black Hawk County, Iowa; to the Committee on In­ league [Mr. RANSDELL] is absent because of illness. I ask terstate and Foreign Commerce. that this announcement may stand for the day. 8762. By Mr. SANDLIN: Petition signed by ex-service The VICE PRESIDENT. Eighty-seven Senators have men of Coushatta and Vivian, La., asking for payment of answered to their names; a quorum is _present. adjusted-service certificates; to the Committee on Ways EUGENE MEYER and Means. The VICE PRESIDENT. Under the unanii;nous-consent 8763. By Mr. SELVIG: Petition of American Legion post, agreement the Senate will now proceed to consider the of Greenbush, Minn., urging passage of pending legislation nomination of Mr. Eugene Meyer to be a member of the for cashing of adjusted-compensation certificates at face Federal Reserve Board. value; to the Committee on Ways and Means. The Senate, in executive session, proceeded to consider .8764. Also, petition of Bemidji Civic and Commerce As­ the nomination . sociation, Bemidji, Minn., urging the enactment of House Mr. BROOKHART obtained the floor. 1931 CONGRESSIONAL RECORD-SENATE 2833 · Mr. JONES. Mr. President-- .. And so forth. Those statements corroborate the claim of . The VICE PRESIDENT. Does the Senator from J:owa the chairman of the House committee of the. close associa-· yield to the Senator from Washington? tion of the .Morgan interests and the attendance even of Mr. BROOKHART. I yield. Mr. Morgan at a meeting of the board of directors of the Mr. JONES. I am very anxious to secure early action on Federal Reserve. Bank of New York. · the deficiency appropriation bill. Practically all the amend­ Mr. President, Mr. Meyer, as manager of the joint-stock ments that have been put on the bill are in the nature of land banks, put in operation its economic policy. He formu­ provision for relief of unemployment between now and lated a plan for the banks to buy their own bonds, to specu­ the 1st of July. It is estimated that the bill will provide late, as it were, in their own bonds. That is not a new plan for the. employment of about 30,000 laborers who are now with Mr. Meyer. He did the same thing as head of the idle. I had intended to ask the Senate to consent tem­ War Finance Corporation, and assisted by the Secretary of porarily to .lay aside the consideration of executive business the Treasury speculated in Government bonds at" the ex­ and to take up the deficiency appropriation bill. However, pense of the people who had paid 100 cents on the dollar for the leaders desire to dispose of the nomination of Mr. Meyer, those bonds; and but for the profit derived from that specula­ and, of course, I am willing to conform to their wishes, so I tion in· Government bonds there would have been a deficit shall not ask to take up the deficiency appropriation bill in the War Finance Corporation. · Mr. Meyer followed the until the Meyer nomination is disposed of. same policy in the joint-stock land -banks, and set them _to · Mr. BROOKHART. Mr. President, I desire to move that speculating in their bonds. They. bought up the bonds .. and. this nomination be recommitted to the Committee on Bank-. here is the way they got the money with which to buy thilse ing and Currency for further consideration. bonds: The bank forecloses a mortgage which is in default­ The VICE PRESIDENT. Does the Senator desire to be say, a $10,000 mortgage on a $20,000 farm-for the farm would heard on that motion? have to be appraised at $20,000 in order to secure a loan Mr.
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