Show h hIt It r rI X I e Jigs for or the ln many many nt the senate I v voted ted all as a 8 unit on the motion of of Se tor Ge Georgia lay on the tur tax reduction bill until early In InJune June Evens Sen tore of Texas McKellar see and several everal othen J usually vote on the GOP side stood fast with the democratic minority who lost by the close vote of 8 48 to 44 This sty Ity of democrats gives give rise die to the opinion in many quarters that President Truman eto the tax redu reductio bill On the Ithe theother other hand hand there are others other who declare that be wm sign lt on the grounds that Whether W it II good for the doesn't dare d vetol re veto vetol l ant time the t dw way ways Popular popular W profess Ec ex experts h pro pre less fess to see the first signs Of the prophesied oft depression Ii a slight drop In employment a drop in production failure to obtain o any gener general i In prices pf retail or wholesale goods consistent losses In the stock market all of these facts are contained In the latest report of the department of commerce none of them Impressive impre sive but a trend the economists say In the mean mean- meantime time times the report of the President dent a 8 economic advisory com which he sent to th congress last January lies In a pigeonhole of the senate econ econ- econ omle report committee This report wAs provided for forin forin in the full employment act of 1940 1840 which established d ry whereby the President and the congress can work together In Ia developing art an effective and prudent program for maintain maintain- maintainIng lag Ing useful employment opportunities for those able Willing and seeking to work and for promoting maximum employ employ- employment ment production and purche Ing power The report presents 8 a com com- lete analysis of the economy of the country a short range and anda a long range economic program And while the congress for six Ix months has argued budgets and tax reduction not a single piece of legislation has been consider considered r o oed ed which woul would stave off a depression de- de depression of which takes into consideration a single Bingle feature the advisory committee report This report urges the congress first as range short steps to prevent a depression and In- In Increase crease the economic outlook and production for business to tor r reduce duce prices That was last J January cont Second extend tent rent control bey beyond nd dune 30 third increase coverage of fair labor standards standard ad act and raise the min min- minImum wage fourth revise beau bene- mit payments under social se- se security se system fifth passage by congress at earliest possible moment of non partisan housing legislation sixth that It is un un- un unsound sound fiscal policy polley to reduce taxes at this time nd and that when reductions ate are made they should contribute to the maintenance of purchasing tower power by reducIng Ing the th burden on the mass of taxpayers rather than Ithan on the few In the high brackets The range long program urged ed ed permanent legislation against discrimination In employment or wages 01 school lunch program It Is now being beang curtailed enactment of a uni form patent policy polley extension of the Clayton act to control men mer- gets gera by of assets as aswell wen well as stock increase of ap ap for control of mono mon extension of coverage and benefits of the social se- se curate act act a of seed for food and nutrition pro programs stud regional power 1 b and dD tl A Al l d develop p ment ment studY study of Ay de- de dep de p pressed ss d au study ot th ants grantt to newt new r r on mon pol and r practices be ter r j b all sma b es to t lp g term credit end equity ca cap ital and everal deveral other re relga men t Y l 1 None ot of these factors f have even been considered by this session of the congress which Is scheduled to possibly J June 30 Ie Outside Outside the the- army and the ve vet vet- veterans erans administration which have not been considered actual cuts made br the GOP in President Truman Tr m Ul a i budget requests In nine appropriations bills At Ago cording to the she co congressional onal re a hY tor le leader 1 f Maryland said 1 ask the Senator raft N d t tr r i w j m lI If i iJ the acu actual 1 cui made in th the nine have al 1 ready been acted on excluding the pro pro- viSion proviSion which i hu has to rep lac- lac ed and excluding the d ity credit provision of a book bookkeeping ee do pot total ma s he e eHouse House ct I r l 1 20 nOrl oon II H JI f T 11 1 j jr r J I I i J 11 Ii Senator Senator Pr lq b Senator li s correct cone Jl 1 dO dornot think e ek k |