Show TO I GET EARLY HELP I Relief Needed for Concerns Facing Great Loss on onVal War Val Work ork I Washington Dec To To expedite passage of or a bill validating Informal contracts for tor war var supplies tho the House rules committee today voted to report a rule on tm n Januar January 2 2 giving s1 tho the m meas- meas ns- ns lI use e a n. privileged status for tor Immediate consideration Enactment of or tho lie bill I way was urged before tho committee h by Secretary Baker and Secretaries Secre- Secre and who olio said al speedy of ot tho ho contract i J was necessary eory to pro prevent financial die dla- aster to many American Industries Bankruptcy Is la faced laced b by many Industrial industrial Indus indus- trial concerns unless a settlement Is obtained from th the tho government Assistant Assistant Assist Assist- ant S Secretary Crowell sal said J. J and ho added d that lint Inability of ot these theliO to resume work is 15 already apparent h by an increasing unemployment following following fol tol- fol- fol lowing the tho return of or discharged soldiers sol nol diers Those contractors havo have their workIng workIng work- work Ing ng capital tle tied up he ho explained A resumption of ot their th business Cannot proceed and fow fuw of oC these In Industries have hay gone t to tc work The department has half received telegrams from man many saying that bankruptcy proceedings would result rosult within a w week ek and others I say a two weel weeks s unless thc they got a set set- Banks also are looking skeptically skeptically at these contracts I have havo no hesitancy In n saying that this legislation will save sa tens of ot mil 1011 lions Mr Mi h said If It If this legislation In Is passed tho ho American ex expeditionary expeditionary ex- ex force will be abU able to can- can I el el obligations at small cost for tor supplies sup sup- I plies I s not needed now Ninety per PCr cent of or the British conI contracts contracts con con- tracts and 50 GO per cent of the tho l French rench contracts would bo be settled settle through their governments Ko which havo have offered to adjust tho the American contracts on the 1 per cent basis that the they aro are following In iii adjusting their own obligations obIl- obIl Mr Ir said tho ho total contracts In France Prance amounted to about |