ANOTHER DEFEAT FOR THE NEW DEAL

Southland Times, Issue 23497, 2 May 1938, Page 7

ANOTHER DEFEAT FOR THE NEW DEAL

WAGES AND HOURS BILL SHELVED BY COMMITTEE WASHINGTON, April 29. The New Deal programme of the President (Mr Franklin D. Roosevelt) suffered another defeat when the Rules Committee of the House of Representatives disregarding a virtual mandate from the President, voted to bottle the new Wages and Hours Bill in committee for the remainder of the present session. Leaders in favour of the Administration immediately began a movement to discharge the committee and to force the measure to the floor of the House, but it is believed the time available is not sufficient in the present session, which is expected to terminate on May 6. Mr Roosevelt sent a message to Congress asking for an appropriation of 500,000 dollars for a comprehensive study of anti-trust problems and a

special 200,000-dollar appropriation for the expanded enforcement of the present trust laws. He declared that seven specific problems required attention by Congress, the principal ones of which were: Improvement of the present antitrust procedure. Scrutiny of mergers and inter-lock-ing relationships. Scrutiny of investment trusts and bank-holding companies.