After convening on a high note of business recovery, Congress will likely adjourn before thg- week-end after approving the Wage-and Hour Bill, the Railroad Assistance Bill and the multi-billion dollar recovery-relief programme to meet the ravages caused by the new depression, After Monday's conference Congressional leaders will advise President Roosevelt that their work about finished, The House and Senate Conference Committee members have agreed on the Wage and Hour Bill and will possibly agree tomorrow on the recovery-relief programme. It-is likely that the Senate Interstate Commerce Committee will act tomorrow to aid the railroads through the granting of Reconstruction Finance Corporation loans to speed the financial reorganization of the railroads and to provide unemployment compensation for railroad workers, President Roosevelt, it was understood, will seek to win the approval of the Railroad Workers Brotherhood which opposed the R.F.C, loans after railroad operators announced a fifteen per cent. wage cut would become effective on July 1.
The revelation that the 75th Congress had appropriated a peace-time record sum of U.S.$12,000,000 brought charges from Mr. Hamilton Fish, Republican Representative from New York, that the New Deal Adminis tion was the "most dismal failure in American Histo "Neither Pri sident Roosevelt nor Congress," he said, "is able to revive industry and employment. They have no financial policy except to pile debt upon debt."—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.