Show Truman Signs Emergency Housing Bill BillI V WASHINGTON ASHINGTON May 22 UP President Truman Wednesday signed the administrations administration's nB emer emer- gency housing bill aimed at building buildIng build build- ing lug low-cost low homes for or veterans by the end of next year Mr Truman's signature on the bill which had a stormy time in congress cong s made Housing Expediter Wilson W. W Wyatt a virtual czar in inthe inthe inthe the building field and started him officially on one of the biggest housing jobs in the nat nations nation's ons on's his his- tory Wyatts Wyatt's main task wk is to find the materials needed to build homes in the next 19 months Thc bill to him empowers spend up to in subsidies to spur production of ot scarce and critically needed building mate mate- rials I He also is ls authorized tor to- to 1 Put Put price ceilings on new homes homes but but not on existing ones 2 Guarantee a 90 per cent market for prefabricated houses hOWles and for type new-type building mate mate- rials 3 Direct 0 O P A to increase ceiling prices on building materials it if t necessary to increase tion 4 i. Establish priorities to channel chan chan- nd nel materials into houses for veterans veterans veterans vet vet- erans instead of other construe construe- tion 5 Regulate and if necessary forbid the export of of- lumber or other scarce building materials Wyatt and President Truman called the subsidy provision and a proposal for ceiling prices on old homes lomes the heart of their housing program for veterans Both were removed from the administration bill by the house The fhe senate restored the originally requested for tor subsidies subsidies sub sub- sidles but not the provision for ceiling prices price on existing homes The he subsidy figure was cut to in ha a senate house-senate conference con- con ference on the conflicting vers versions ns of ot the bill Wyatts Wyatt's plans call fori for prefabricated houses this year and in 1947 They w would uld sell at an average factory price nee of ot each Under the law Wyatt can guarantee guarantee guar- guar antee a a af market for tor as many as of ot them at a time The government would stand re ready reddy to touy buy uy at up to 90 per cent of ot de dc- dc livery price any pr prefabricated fabricated house ouse the manufacturer could not sell ell elsewhere |