Monday, Jul. 25, 1932
Work Done
The Senate:
P: Adopted a conference report on a House bill to reduce the interest rate on Bonus loans from 4 1/2% to 3 1/2% and to permit veterans to borrow half the face value of their certificates without waiting the prescribed two years after issuance; sent it to the President.
P: Passed a $2,122,000,000 Relief bill; adopted a conference report on it allowing publicity of R. F. C. loans; sent it to> the President.
P: Passed a bill providing for a Home Loan Bank System, with a rider for currency expansion; sent it to the House.
P: Adopted a resolution to investigate the St. Lawrence waterway treaty.
P: Passed a bill extending the effective date of carfare home for the B. E. F. to July 25.
P: Adjourned until Dec. 5.
The House:
P: Passed a Relief bill (see above).
P: Adopted (120-to-114) a conference report on the Home Loan Bank bill with its currency expansion rider; sent it to the President.
P: Adopted a conference report on a joint resolution appropriating $40,000,000 to pay the Farm Board for 45,000,000 bu. of wheat, 500,000 bales of cotton turned over to the Red Cross for relief; sent it to the President.
P: Adopted a conference report on the War Department appropriation bill after restoring funds for 2,000 officers; sent it to the President.
P: Adjourned until Dec. 5.
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