OCR Text |
Show By James W. Douthat WASHINGTON The Senate is moving toward passage' pass-age' of depressed-area legislation which could plague industry in-dustry for years. The objective is to use the money and power of the federal government to locate factories in areas having heavy unemployment. This involves many things initial federal financing up to $324,000,000, loans up to 75 to provide factories $50,000,000 for access roads and community facilities, federal technical aid and the like. But some sponsors of the legislation leg-islation say this Is just a start a minimum. They expect the Federal Administration Ad-ministration of Deprewed areas If established ta be given power to divert government procurement pro-curement contracts to these areas. They want the federal government to deal directly with local communities, thus by-passing states. The Senate Banking Commit. tee, which Is considering the leg- i ' lslation, has been told that fac tories must be located In some depressed areas because unemployed unem-ployed men do not want to move. The New-Fair Deal program Is embodied In a bill introduced by Sen. Douglas (D.-Ill). It is pending pend-ing in the Senate Banking Committee. Com-mittee. More moderate bills, supported sup-ported by the" Elsenhower Administration, Ad-ministration, have been introduced introduc-ed by Sen. Dirksen (R.-Ill.) and sen. Marton (R.-Pa). At the hearing Sen. Capehart (R.-Ind.) raised vital questions which were unanswered. |