| Show MillS SEES BIG SAVINGS FOR NATION Secretary Informs Senate Group Croup Re Reduction Reduction Reduction Re- Re in Sight PAY CUT STUDY DELAYED House Holds Lively Session on Federal Economy en Br Bi United Press WASHINGTON April 14 Secre 14 Secre Secretary tary of the Treasury Mills brought word to the senate finance committee commit commit- tee today that a saving In government govern govern- ment meat expenditures of oC at least is now definitely in sight The house engaged in a lively discussion discussion dis dis- of governmental economy after after af af- af ter the house economy committee decided de to delay until next Monday presentation of its plan for lor general pay cuts as a means of lowering the cost of ot running the government There appeared still to be considerable considerable consid consid- erable crable difference between the administration administration ad ad- ministration and the house plans The house discussion opened with ith a criticism o of the administration by Chairman McDuffie of the economy committee HOOVER HOLDS PARLEY President nt Hoover still en engaged aged In Inan Inan an effort to shape a satisfactory program program pro pro- gram grain for reducing expenses conferred conferred con with Secretary of Treasury Mills Governor Meyer of the federal reserve board and President Dawes of ol the Reconstruction Finance corpora corpora- tion There was excitement at the bonus hearing when two men were ejected because of the disturbance the they created created created cre cre- in clamoring for a hearing on soldiers soldier bonus legislation Dr Wiliford Wil- Wil liford King New York university economist favored the legislation as asa asa asa a means of oC reviving business There were several developments relating to banking Senator Glass Democrat Virginia submitted to the senate banking and currency committee commit commit- tee a revised bank regulations bill to meet in some rome respects objections voiced last month by Governor Me Meyer er Meyer himself himsel appeared before a ahouse ahouse ahouse house subcommittee defended the nations nations nation's nations nation's na na- na tion's banking system but said further further fur fur- ther improvements should be sought URGES TREASURY CUT Senator McKellar Democrat Tennessee Ten Ten- introduced a resolution to cut the treasur treasury and postoffice appropriations bill by 10 per cent Senators Johnson Republican California and Ashurst Democrat Arizona took the opportunity to criticize any action that would weaken the tion The senate commerce committee voted a favorable report on the Johnson Johnson John John- son bill amending the radio act acl Silas Strawn president of oC the I United States Chamber of ot Commerce told the house coinage committee that President Hoover tried unsuccessfully unsuccessful unsuccessful- ly last June to call an international silver conference The committee is attempting to revive the plan Paul W. W Chapman shipping magnate magnate mag mag- nate told the house merchant marine committee that the United States Lines would have been able to weather weather er er financial reverses if it the company had been given government help I The senate senate finance finance opposition to the Increased postage rates as provided in the billion dollar dollar dol lar lal revenue bill passed by the house IThe The tax hearings will continue another an other week |
