EMERGENCY LAWS

Otago Daily Times, Issue 21996, 4 July 1933, Page 9

EMERGENCY LAWS

AMERICAN CONGRESS

PRESIDENT TAKES A HOLIDAY.

WASHINGTON, June Id

What Americans of all parties regard as one of the most revolutionary sessions of Congress ended to-day. It was summoned as an emergency session on March 9 to rescue the United States from the brink of economic chaos.

President Roosevelt has prepared to leave Washington for a long vacation and the Executive Departments have opened a new era in the practical application of the remarkable series of laws eActed under the President’s direction. ”

During the session of three months and one week amazing laws were enacted affecting the pocket books and manner of living of every citizen of this republic. The session ended in an outstanding victory for Mr Roosevelt, for he forced acceptance of his programme of compromise on veterans’ pensions cuts, reducing the total < of the annual payments to them from 900,000,000 dollars to 600,000,000. Upon only one feature of his legislative agenda did the .President fail, and in that instance his defeat was semivoluntarily incurred. He did not obtain from Congress the grant of tariff-changing power which he desired. Congress has legislated the United States into partnership with farmers and manufacturers and with the transport industry, and by providing 150,000,000 dollars for an insurance pool the Government has assumed partnership with the bankers.

The Secretary of Agriculture, Mr H. A. Wallace, and the Administrator, Mr Peek, will set in motion that unique and highly experimental law; the Farm Relief Act.

Mr Roosevelt fought hard for major economies, but, in spite of that, it is announced that the public debt hat reached the unprecedented figure sint 1922 of 23,400,000,000 dollars.