Salt Lake Telegram | 1932-06-04 | Page 1 | Senate Given Furlough Plan

SENATE SENA TE GIVEN CIVEN FURLOUGH PLAN Br BY Associated Press Trens WASHINGTON June 4 The 4 The Hoover plan to furlough government was offered to the senate today as a substitute for a 1 flat fiat 10 percent per percent percent cent pay cut after it had voted down downa a proposal to exempt salaries below 2500 from the cut The Thc Hoover proposal sal rejected ej by bj the house which adopted the he 2500 exemption was put before the senate by Senator Moses R. R N N. H. H Under it government workers wd be furloughed fur fur- fur i without pay for or a month of each year Action on it was as dela delayed ed until various Various va rious other amendments to the 10 per cent cut plan have been acted upon PROVIDES EXEMPTIONS Among these were proposals for a graded scale of reductions which would exempt the lowest salaries and bear most heavily on the larger ones The administrations administration's relief bill sponsored by Secretary Mills of the treasury was introduced in the senate senate sen sen- ate today by Senator Barbour R. R N N. J J. J The bill was similar to the one previously introduced in the house by Representative Hawley R. R Ore In man many respects it was similar also alsoto alsoto alsoto to the Barbour relief bill introduced May 23 The new bill would amend the Reconstruction Reconstruction Reconstruction Re Re- construction Finance corporation act to provide additional employment through the construction of economic projects AUTHORIZES LOANS The corporation would be authorized author to lo make loans to states municipalities mu mu- public agencies such as port authorities or to private corporations corporations corporations corpora corpora- for the financing of new construction construction con con- or the replacement replacement-of of antiquated antiquated anti anti- equipment These projects must be designed under the terms of the bill to provide provide provide pro pro- vide immediate employment for tor a substantial number of persons The loans would be subject to the same limitations placed on present loans of the reconstruction corporation corpora corpora- 1 tion lion tion and they could be made for only five years