1935 CONGRESSIONAL RECORD-SENATE 10239 moderate means at reasonable prices so that wine and grape The message also announced that the House had dis­ industries may be allowed to recover, and so that employ­ agreed to the amendment of the Senate to the bill <H. R. ment in all lines of allied industries may be increased; to 6511) to amend the air mail laws and to authorize the the Committee on Ways and Means. extension of the air mail service, asked a conference with 9014. By Mr. WIGGLESWORTH: Petition of the Massa­ the Senate on the disagreeing votes of the two Houses chusetts State Council, Knights of Columbus, Boston, Mass., thereon, and that Mr. lVl'-EAD, Mr. BRUNNER, Mr. DOBBINS, Mr. concerning the Mexican situation; to the Committee on DOUTRICH, and Mr. GOODWIN were appointed managers on Foreign Affairs. the part of the House at the conference. The message further announced that the House had agreed to the report of the committee of conference on SENATE the disagreeing votes of the two Houses on the amendments THURSDAY, JUNE 27, 1935 of the Senate to the bill CH. R. 7160) to provide for re­ search into basic laws and principles relating to agriculture <Legislative day of Monday, May 13, 1935) and to provid~ for the further development of cooperative The Senate met at 12 o'clock meridian, on the expiration agricultural extension work and the more complete endow­ of the recess. ment and support of land-grant colleges. THE JOURNAL The message also announced that the House had passed the bill CS. 2917) authorizing an appropriation to the Amer­ On request of Mr. BARKLEY, and by unanimous consent, ican Legion for its use in effecting a settlement of the re­ the reading of the Journal of the proceedings of the calen­ mainder due on, and the reorganization of, Pershing Hall, dar day Wednesday, June 26, 1935, was dispensed with, and a memorial already erected in Paris, France, to the com­ the Journal was approved. mander in chief, officers, and men of the expeditionary MESSAGES FROM THE PRESIDENT forces, with amendments, in which it requested the concur­ Messages in writing from the President of the United rence of the Senate. States were communicated to the Senate by Mr. Latta, one The message further announced that the House had passed of his secretaries. a bill CH. R. 8400) providing for the loan by the War Depart­ CALL OF THE ROLL ment of certain material and equipment to the Veterans of Mr. BARKLEY. I suggest the absence of a quorum. Foreign Wars 1935 Encampment Corporation, and for other The VICE PRESIDENT. The clerk will call the roll. purposes, in which it requested the concurrence of the The legislative clerk called the roll, and the following Sen- Senate. ators answered to their names: SUITS BY HOLDERS OF GOLD-CLAUSE BONDS Adams Connally Keyes Radcliffe The VICE PRESIDENT laid before the Senate a message Ashurst Coolidge King Reynolds from the President of the United States, which was read and Austin Copeland La Follette Robins~ Bachman Costigan Logan Russell · referred to the Committee on Banking and Currency, as Bailey Dickinson Lonergan Schall follows: Bankhead Dieterich Long Schwellenbach Barbour Donahey McAdoo Sheppard To the Congress of the United States: Barkley Duffy McGill Shipstead Bilbo Fletcher McKellar Smith Before the termination of this session of the Congress I Black Frazier McNary Steiwer believe that it is important that definite action be taken to Bone George Maloney Thomas, Okla. Borah Gerry Metcalf Townsend eliminate any uncertainty with respect to the right of holders Brown Gibson Minton Trammell of gold-clause bonds of the Government to sue for payment, Bulkley Glass Murphy Truman either in gold or else in legal tender, with an additional sum Bulow Gore Murray Tydings Burke Guffey Neely Vandenberg of 69 cents on every dollar. Byrd Hale Norbeck VanNuys To this end I urge the withdrawal by the United States of Byrnes Harrison Norris Wagner Capper Hastings Nye Walsh its consent to be sued upon its currency or securities. The Caraway Hatch O'Mahoney Wheeler question of the effect of the so-called " gold clause ", in the Carey Hayden Overton White light of the monetary legislation of the Seventy-third Con­ Chavez Holt Pittman Clark Johnson Pope gress, came before the Supreme Court at the term just closed. Mr. ROBINSON. I announce that the Senator from A suit for additional payment under existing circumstances, Utah [Mr. THOMAS] is absent on important public business, the Court said, would " constitute not a recoupment of loss in any proper sense but an unjustified enrichment." Bonds and that the Senator from New Jersey CMr. MooRE] and of the United States containing gold clauses-all of them the Senator from Nevada [Mr. McCARRAN] are unavoidably issued, sold, and payable wholly within the United States­ detained from the Senate. have been continuously quoted on the exchanges at no higher Mr. DIETERICH. I wish to announce that my colleague prices than bonds not containing such clauses. But the the senior Senator from Illinois [Mr. LEwIS] is detained continuing possibility of actions by litigious persons leaves from the Senate by important public business in the State open the continuing possibility of speculation. There is ·no of Illinois. public interest, under these conditions, in permitting a hand­ Mr. AUSTIN. I announce that the Senator from Penn­ ful of private litigants to exploit the general public in the sylvania [Mr. DAVIS] is necessarily absent. hope of a wholly speculative private profit. • Mr. VANDENBERG. I announce that my colleague the This conclusion will hold so long as the Congress adheres senior Senator from Michigan [Mr. CouzENs] is absent on to its declared policy, now more than a third of a century account of illness. old, to maintain the equal value of every dollar in the market. The VICE PRESIDENT. Ninety Senators have answered I recommend, therefore, the enactment of legislation which to their names. A quorum is present. will make clear that it is our fixed policy to continue to treat MESSAGE FROM THE HOUSE the bondholders of all our securities equally and uniformly, A message from the House of Representatives, by Mr. Hal­ to afford any holder of any gold-clause security who thinks tigan, one of its reading clerks, announced that the House he could by any possibility sustain any loss in the future an had disagreed to the amendments of the Senate to the opportunity to put himself immediately in a position to avoid joint resolution <H. J. Res. 324) to provide revenue, and such future loss, and to remove all possibility of any suits for other purposes, asked a conference with the Senate designed to hamper the Government in administering the on the disagreeing votes of the two Houses thereon, and public debt and in financing its ordinary and emergency that Mr. DOUGHTON, Mr. SAMUEL B. HILL, Mr. CULLEN, Mr. expenditures. TREADWAY, and Mr. BACHARACH were appointed managers on More ·specifically, I recommend the immediate enactment the part of the House at the conference. of legislation (1) that will authorize and direct the Secretary 10240 OONGRESSIO~AL RECORD-SENATE JUNE 27, of the Treasury, at the request of the holders of gold-clause He also laid before the Senate a letter in the nature of a securities of the United States, to make payment therefor in petition from Frank White, of Atlanta, Ga., praying for the cash, dollar for dollar, with accrued interest, or, at the enactment of old-age pension legislation, which was ordered holder's election, to exchange such securities for non-gold- to lie on the table . clause securities with the same ·interest rate and maturity; Mr. BONE presented the petition of the West Seattle (2) that will terminate any consent which the United States <Wash.) Townsend Old-Age Revolving Pension Club, praying may have voluntarily given to be sued on its securities, coins, for the enactment into law of the so-called" Townsend old .. or currencies; and (3) that will reaffirm the fixed policy of age-pensi<;>n plan", which was ordered to lie on the table. the United States to make payment to all holders of its Mr. McADOO presented the following joint resolution of securities, coins, and currencies on an equal and uniform the Legislature of the State of California, which was re­ dollar-for-dollar basis and will make appropriations avail­ ferred to the Committee on Commerce: able for payments on this basis and on this basis only. CHAPTER 139 to There is no constitutional or inherent right sue the Assembly Joint Resolution No. 2~-Relative to Pacific Exposition Government; on the contrary, the immunity of the sovereign Whereas Pacific Exposition, an international exposition, is to from suit is a principle of universal acceptance, and per­ be held in the county of Los Angeles, State of California, during mission to bring such suits is an act of grace which with us 1937-38, and thereafter, for the purpose of commemorating the completion of Boulder Dam and the power and water develop­ may be granted or withheld by· the Congress. The courts, ments and projects thereof: Therefore be it it is hardly necessary for me to add, will always be open to Resolved by the Senate and Assembly of the State of California, those who seek justice; but they were not established for use That we, the representatives of the people of the State of Cali­ by a few to enrich themselves at the expense of the many, fornia, do hereby respectfully request the President of the United States and the Congress of the United States to cause an invita­ nor to enable a few to harass and embarrass sovereign action tion 'to be ext.ended to the peoples of the world to participate in by the Government when taken for the benefit of all.