Show U. U I. I S S. S MAPS GOLD COLD COLDI I L' L CLAIM DEFENSE I WASHINGTON March 32 22 UT f A Millions of dollars in savings to the treasury through cheaper interest rates today were involved in Robert Robert Rob Rob- ert A. A Tafts Taft's challen challenge e of or the government governments government's governments government's gov gov- right to call gold god bonds before maturity The treasury's gold bond debt was Of these were under call for lor redemption prior to their maturity dates the holder to receive either devalued I dollars or a n new security paying payin lower interest and I lacking the th gold clause e. e How much Interest might be saved through h the new new deals deal's policy of refunding ui such issues could not be bc estimated accurately since it depended depended de de- de- de on market rates rales for money at lh the time of ot refunding But experts believed that if ir present presente e easy y money conditions continued col th the saving would mou mount t. t into many millions millions- In li-i a suit filed Wed in the court of claims Taft Tatt contended the government government govern govern- ment meat had no right to call its it g gold ld cla clause lse bonds in advance of oC maturity maturity maturity matur matur- ity Wi without re redeeming leeming them thorn in gold The capital wondered I if one answer answer answer an an- to Tats Tafts challenge might be bean an act of con congress ress closing the court of oC claims to suits such as his President Pres Pres- ident Roosevelt conferred with monetary monetary monetary mon mon- and legal advisers late yester yester- day It was wa intimated afterward l Oi tHat t their discussion concerned l legislation legisla tion to prevent the court fr frOm frOmen m men entertaining entertaining en en- I suits to collect the old gold value of oC government bonds Some government attorneys expressed expressed ex ex- ex- ex pr pressed confidence confidence- that even j if Tafts Taft's action is not blocked by a congressional ban against such litigation litigation litigation liti liti- gation it could be he defeated in the theco co courts |