Show ECONOMIC highlights tho republicans call it ga raff arule rule tile the democrats for the most part dimply smile land say nothing whatever it la is the roosevelt parliamentary lia technique works A major test of cr camo came early in tie ti e house alouse when 11 socratic leaders adopted a rula ut of procedure proe dure whereby no amendment t enild aid bo be offered front from the floor arich boum effect the economy sections of the independent bill then under cons devi tion or I 1 any othier appropriations measure I 1 that ha t would appear durin during the ses es hon 1 I n the rule w was as unprecedented an and 1 I it passed there were heavy damo democratic dei dai mo cratic detections which resulted in democratic leaders working 0 tr the mavericks in their party thai a mova to re of that was oin tle the rule was to most dramatic victory came on oil january 20 when the roosevelt dollar devaluation bill swept thru the house by the coll osal margin ot of to 40 the measure has haa four specific phases first the treasury Is riven given title to all of the nations monetary gold stock Inc including that held by federal reserve banks second it fixes GO per cent of the dollars present gold as tho the maximum of gold value after revaluation it gives elves the administration a fund of obtained automatically from the add td d value ot of the treas gold atter after devaluation has taken place witti vitti which to stabilize the foreign balue aue of the dollar fourth it givel gihei the treasury greater power in issuing arid and floating government securities thui simplifying the great re financing task that confronts the federal gov now the treasury Is allowed to purchase any type of government with any other type may sell issues privately wiehl with out offering them to the general public main alain opposition to the bill is based on tile the tear fear of putting so vast a power in one mans hands it ob louly makes mr air roosevelt a monetary dictator with hardly a rest tion supporters of at the new ical deal claim that Is what the country 1 wants that it is essential to recovery that the president be given a i free fice rein tho the senate has haa since passa the hill bill with almost a 2 to I 1 majority the american federation of labors report on oil 1934 prospects wasi was a good deal more interesting and important than documents of the kind usually are aie forecast was that thal prospects for employment and earnings are considerably brighter but that one phase of present recovery efforts threatened inflation by fiat money endangers the whole show four specific changes tor for the better in 1933 were chronicled a gain in employment of more than a drop ot of 4 42 aj hours in the average work week better organization among industrial work cis of all kinds an increase in workers income of per cent the report pointed out on oil debit side that bub iress is ii 31 per cent below normal still alit most important thing la is restoration ot of bu busl nesi confidence conti dence that private initiative is e till aill of pa amount importance belief was expressed eap exp asbed that continued to back page PT ECONOMIC highlights continued from page tour four workers alwn al s lose loge Iliin ign ingli tl ti t i L 1 that I 1 r y wea wealthy tily speculate ton i have t v chance to gain at about the same time tho the report was issued abe national ilc overy administration was making plans as best it could to find jobs for or as many as Pos possible sibl of the 1 it ople steu registered as the president lias has laid plans where public works activities and expansion in III private industry will absorb the now on rolls that will leave still tile tho problem 60 per cent unsolved ginneral johnson believes that tile the working week must come down from its present 40 hour bour average said that changes would have to be made gradually in the light of Indu financial ability to carry larger payrolls hope is tor for an day a 4 day we week ak lopp lopping ng a day from the week would it Is e estimated S ti create jobs how flow to reduce working hours employ more men raise wages cut production increase businesses bus inessa capacity to pay the bill is the problem indus |