Show COMMITTEE DILL RAYBURN BilL Communications Regulatory Commission Provided WASHINGTON April 13 The Thc modified Dill Rayburn bill for federal regulation of communications was approved ape ap- proved today by the senate interstate commerce committee The bill Introduced by re recommendation ommen dation of President Roosevelt would create a communications communication commission ot of five to take over from the interstate inter inter- state commerce commission lon alon of telephone and telegraph corn com panics and from the radio commission commis commis- slon sion jurisdictIon over radio communication cation facilities The modified bill would give the commission a authority to Inquire into c contracts between affiliated com par for lor services and equIpment and recommend to con congress whether leg leg- for services and equipment and recommend to congress whether legislation should be enacted to permit per per- mit mit- them to void id or modify such luch contracts The bill also would permIt the president pres pres- Ident to take take- takeover over toe the communications systems in time of oC war or on on thre threat t ot of w war r. r I |