FILIBUSTER IN U.S. SENATE

Taranaki Daily News, 19 January 1933, Page 5

FILIBUSTER IN U.S. SENATE

CURRENCY INFLATION ADVOCATE. STONEWALL ON BANKING BILL. By Telegraph—Press Assn. —Copyright.

Rec. 8.5 p.m. Washington, Jan. 17. The Senate’s rejection of Mr. Hoover’s veto of the Phillipine Independence Bill to-day by a vote of 66 to 26 merely postpones a determined filibuster against the Glass Banking Bill, a measure sponsored by recognised Democratic leadership.

To-morrow the seventh day of the debate will start with an attempt to defeat the obstructionist tactics so far successfully employed by Senator Long (Louisiana) to defeat the Bill, which is specifically designed to prevent national banks from engaging in securities business. It contains a clause, however, allowing branch banking—that is, an institution in one State may do business in other States. To this Mr. Long objects. Mr. Long’s filibuster becomes a national issue as it is effectively delaying other imperative legislation and already has practically assured the necessity of an extra session after March 4 (the date, of the new administration’s inauguration). Under the existing Senate rules a senator may talk indefinitely, which Mr. Long threatens to do unless his proposal to inflate the currency is agreed to.