Washington, May 18.
The U.S. Supreme Court to-day upheld a judgment given recently by the lower court against the Grain Futures Commission.
'The latter, it is revealed, desired fo bar Mr. Arthur Cutien, the "Wheat Pit King." from the' grain markets of the nation for a period of two years on the ground that he failed to report his grain holdings during 1930 and 1981 for the purpose of manipulating the markets—Reuter, President's View of Decision The Guttey Coal Control Act, as it was officially known, was passed by Congress at the insistence of President Roosevelt soon after the Supreme Court had held the URA. unconstitutional, "With talk of a new silke in the bituminous coal fields sounding on all sides, Congress adopted the Inw with a degree of debate unusual for such a measure, Pressure for the act came from both operators and miners. Changing conditions in the industry after the World War had started a depression within it in 1924 and thenceforth a combination of decreased demand and increased competition caused conditions In the industry to become critical, and its status became one fof the outstanding cconomle and social problems of the nation.
The law was enacted to give the coal industry the [beneflls of the URA. bituminous coal code, under which the Industry had its first profitable year since 1924, As enacted, it provided for: National Bituminous per cent. ta al; 3 90 Det cent drawback of the tax for pra Ueers who accepted the code: the For mulation o¢ a production code to include minim prices, outlawing of unt trade practices, guarantee of the right of organisation and. collective barsain= {ue by employes and prohibition of the Washington, May I The President characterized the ce high court's opinion as "informative and educationally valuable." He said that the decision demonstrated the continued difference of opinion prevailing among the justices of the court. He refused, however, to state directly whether or not he would attempt to obtain new legislation 10] replace the Gulfey Act at the current} session of Congress. His attitude in-leated that the New Deal must con-{inue to try to find constitutional m of meeting pressing economic and industrial problems, but he explained that he was not formally commenting on the Supreme Court's ruling.
The marked carefulness with which the President treated the subject rrcalled his experience following the NARA, decision. On that occasion, hho lashed the Supreme Court bitterly referring to iis "horse and buggy" philosophy. The public reaction distinctly unfavourable to his. marks, and worried the President's advisers. As a result, when the adverse decision in the A.A.A. case was! announced, "the President _merely finited and said nothing—United Press,
Text read from the printed page and cleaned; old type leaves the occasional error.