| Show MILLIONS LIONS OF JOBS JB SOUGHT I IN IN N THREE PLANS PLAN U Huge Restoration i Measure Is Being J Whipped in Shape 4 y Leaders and Advisers Work on Details of Re Recovery overy Legislation I j By y LYLE C. C WILSON Untied United rrt Press I Staff Correspondent WASHINGTON May 1 11 ll 11 Adminis- Adminis leaders and advisers were whipping together t today day details of ol a hu huge c legislative e measure combining three plans pans design designed d to open up millions mil mu lions Hons of of jobs jobs' and stabilize industry 1 A public works expenditure iture of ol 2 Industrial planning with wilh the cooperative co oper operative tiye supervision ision of the federal government 3 A shorter work w week ek President Roosevelt has agreed to the of the combined measure measure mea sure and md nd intends to press for its enactment enactment en this S session It will displace the revised Black hour 30 week v b bill 11 reported yesterday by the thc house labor committee New Now taxes may be levied to amortize the proposed public works bond bondt bondis t is is Is- sue Treasury authorities are insisting on some such safeguard for lor retirement retire retire- ment of the bonds Senator Robert F. F Wagner CD D. D N N. Y leading the Ule administrations administration's ons on's drive for a public works program of and its modified plan for control of industry brought the completed corn com bill t to the White House today for lor approval of Pr President Roosevelt UNLIMITED TED AUTHORITY The measure representing hours of work in in conference is understood to give almost unlimited authority to Mr Roosevelt in carrying out its aims alms The bill calls calls' appointment of a public work administrator who would supervise all government building and provides that the Reconstruction Finance Fi El- nance corporation act as asa a fiscal agent in disbursement of f funds Wagner final approval would be given the bill bUlby by Mr Roosevelt Roosevelt Roose Roose- velt He was hopeful it could be submitted submitted sub sub- milted to congress this thise e week k Majority Leader Bryns of the house discussing the measure after Senator Wagner had submitted a completed draft for the presidents president's approval said the additional power revenues would be earmarked for use in meeting Interest interest in In- terest and sinking fund requirements of the proposed public works program Congressional leaders were advised today that President Roosevelt's program program program pro pro- gram will include provision for new federal taxes amounting to I Disclosed with th the broad legislative platt plan was Mr Roos Roosevelt's velt's hope that he hc may be armed with a whip-lash whip of compulsion against again any recalcitrant minority in an 10 industry which rejected re- re agreements to control production tion ion eliminate throat cut c tion ion reduce hours of work and stabilize stabilize stabilize sta sta- sta- sta wages at at ata a fair scale This unusual power to which Mr Roosevelt is not committed but which he ic has informed some senators would be e desirable would rest on regula regul tory ory taxation I The question of constitutionality has las been raised in connection with I the he regulatory tax proposal It is understood un un- the administration is not hot alarmed by that phase of the lem cm After conferences at the White WhiteHouse WhiteHouse House Hous yesterday esterday congressional and other ers advisers of president were requested requested re reo re- re quested to compose a final draft of the he proposed consolidated legislation This task was delegated to a committee committee com corn composed of Secretary of Labor Labor Laor La- La bor or Perkins Budget Director Douglas Dougas Doug Doug- las as Senators S Wagner D. D N N. Y and Walsh D. D Mass Donald r railroad labor spoke spokesman spokes man and Hugh Johnson former member of the war industries Industries board AMORTIZATION Al TAXES The treasury Is believed to want taxes taxes' that would amortize public works bonds in 15 years ears 4 A consIderable considerable consider consider- abl able of congressional opinion ion on believes amortization is sary Threatened rebellion a ag against i a al I ri s t relaxation of ol the trust anti-trust laws lawsIn In connection with the industrial stabilization stabilization stabilization sta sta- sta- sta plan appeared appealed to have been quenched at a caucus attended by Democrats last night We just met and let some of the fellows blow off olf steam one m member of the caucus said After that we we had lad absolute harmony and everyone agreed to support the president Representative McFarlane e CD D D. Tex Tea withdrew a resolution by which he to commit the caucus against easing of the trust anti-trust laws SS I a |
