Monday, Feb. 01, 1932

Work Done

The Senate: P:Adopted the conference report on the Reconstruction Finance Corp.; sent the bill to the President; passed the House's bill appropriating $500,000,000 as R. F. C.'s initial capital, sent it back to the House for concurrence in a minor amendment.

P:Adopted a resolution by Michigan's Couzens ordering the Interstate Commerce Commission to investigate a six-hour-day for railroad employes; sent it to the House.

P:Received from Virginia's Glass a bill, a year in the making, to limit the use of Federal Reserve credit by speculators; to increase branch banking; to create a corporation to liquidate closed banks. P: Received from the Committee on Manufactures a favorable report on a bill by Wisconsin's La Follette to appropriate $375,000,000 for direct Unemployment Relief ("dole") by the States. P: Adopted a resolution by Wisconsin's Elaine instructing the Attorney General not to compromise the Government's monopoly suit against Radio Corp. in a consent decree.

P: Passed a bill to award gold medals to Wiley Post and Harold Gatty, round-the-world flyers.

P: Recalled (43-to-32) the passage of a resolution by Pennsylvania's Reed ordering the Tariff Commission to report on the effect of depreciated foreign currency on imports.

The House:

P:Adopted the conference report on the Reconstruction Finance Corp.; sent it to the Senate; passed a bill appropriating $500,000,000 as R. F. C.'s initial capital, sent it to the Senate. CP: Adopted a resolution authorizing the Interstate and Foreign Commerce Committee to investigate the ownership and control of public utilities. P: Debated the $176,000,000 Department of Agriculture appropriation bill.

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