Evening Star Newspaper, June 21, 1935, Page 1

(U. 8. Weather Bureau Forecast.) Cloudy with showers tonight and pos- sibly tomorrow morning; not much change in temperature; moderate winds. ‘Temperatures—Highest, 82, at 5 p.m. yesterday; lowest, 64, at 5 a.m. today. Full report on page A-11, Closing N. Y. Markets, Pages 17, 18, 19 | The Foening Star No. 33,288. ROPER ANSWERS MITGHEL CHARGE AT SENATEPROBE Describes Ousted Aide as of “Exceedingly Suspicious Temperament.” COMMERCE SECRETARY IN SWEEPING DEFENSE %It Has Been My Aim to Carry Out Will of Congress,” He Tells Senators. By the Associated Press. Secretary Roper went before the Senute Commerce Cummittee today to reply to charges made against his ad- ministration by his Geposed Assistant Sccretary of Commerce, Ewing Y. Mitchell. The Commerce Department head described Mitchell as a man of “ex- ceedingly suspicious temperament” and “prone to treal every rumor or unsupported statzment as true.” H2 took the stand after Mitchell, in his third day of testimony, had made allegations of bribery and “dcy rot” in the Steamboat Inspection Service. He charged that steamboat 1aspectors at San Juan were paid “gratuities,” and that large amounts of fines as- sessed against shipping companies for violations of maritime reguations were remitted by the department. Members Show Respect. Secretary Roper made a sweeping defense of his administration while committee members listened with a respectful attitude not characteristic of their reaction to the deposed as- sisant’s testimony. “It has been my aim,” Roper said, *to carry out the will of Congress as expressed in the various enactments having to do with the several bu- Teaus.” A much smaller number of spec- tators and fewer committee members were on hand for the day’s proceed- irgs. Among those in attendance, however, was Joseph B. Weaver, di- rector of the Commerce Department'’s Bureau of Navigation and chief of the Steamboat Inspection Service, Who sat not far from the witness, listen- ing closely. “He is attacking my department, don’t bother me now,” he told a re- porter who sought to question him. Weaver was expected to take the stand during the day to rapl{ to some of Mitchell’s charges. g Mitchell Cites Lykes Case. As soon as the hearing today opened Mitchell cited the case of the steamer Margaret Lykes, operated by the Lykes Bros. Lines in the Gulf of Mexico. Mitchell told the committee that at one time it was permitted to sail with only two of its four propeller blades in condition, and that it repeatedly had been passed by inspectors after an inspection of only three hours, when “a thorough inspection would require five or six hours.” “Has any one testified,” Senator White, Republican, of Maine de- manded, “that it is unsafe to sail with a two-blade propeller? You know there are two-blade propellers, three- blade propellers and four-blade pro- pellers.” Before Mitchell could reply, another Republican ccmmittee member, Van- denberg of Michigan, sought from the witness information concerning charges of repeated waivers of fines in the case of the Pacific Steamship Lines, Ltd., & Pacific Coast operator, Recites Old Testimony. Despite demands of committee members that he disclose “new facts” not already made public in various hearings, Mitcrell continued to recite testimony brcught out at earlier hearings. He declared that during a Post Office Department investigation it was brought out in testimony of the first officer of the steamer Margaret Lykes, & passenger and freight carrier, that the San Juan, Puerto Rico, inspection in August of 1033 was incomplete. “Av the instaace of Secretary Reper, the Department ot Justice detailed a special agent to ‘nvestigate,” Mitchell testified. “After examining tie rec- ords of Lykes Pros. at Galveston, ‘Tex., the special agent reported that out of 14 annual inspections of six vessels made by stezmboat inspectors at San Juan, Lhe record showed the steamboat inspectors were paid gratu- ities in six instances totaling $300 “In four other instances, gratuities — T (See MITCHELL, Page 4.) SENATE NEARING DECISION ON HOLT Engages in Further Debate Over Whether Constitution Bars Him. Nearing a decision on whether to geat 30-year-old Rush D. Holt, the Senate today engaged in further le- galistic debate over whether the Con- stitution bars him from taking the oath as Senator from West Virginia. It argued the question all day yes- terday and hoped to reach a decision before adjournment today. Holt was 30 on Wednesday. Senator Austin, Republican, of Ver- mont, asserted that Holt's election did age requirement of 30 years. He said the fact that Holt’s cer- tificate of election was filed with the Benate on January 3, when the term began, was evidence that “West Vir- Entered as second class matter post office, Washing*on, D. C. 30 Years Wins A. B. For Man Now Out For M. A. Degree By the Associated Press. BROOKLYN, N. Y., June 21.— After 30 consecutive years at college, Julius Reich, 47, has his bachelor’s degree from Brooklyn College today. Reich started in 1905 working for a degree in the social sciences. He attended the evening sessions, first at City College, later at Brooklyn College, taking one course each semester. He is now thinking of taking a master’s degree. ROOSEVELT SHUNS NEW TAX AS RIDE Doesn’t Want Plan Tacked on to Resolution, He Tells Congress. President Roosevelt has told Sen- ator Harrison, chairman of the Fi- nance Committee, and Representative Doughton, chairman of the Ways and Means Committee, that he does not desire to have his new tax program tacked onto a joint resolution extend- ing excise taxes beyond July 1, Sea- ator Harrison said today. The President and the Democratic leaders in Congress are anxious to have this joint resolution disposed of as quickly as possible so that the ex- cise taxes will continue to run with- out interruption. The belief is strong on Capitol Hill that the President’s new tax program will be considered by the House Ways |and Means Committee during the | coming Fall, so that the committee may have a bill ready to present ‘at the next session in January. If the program should be postponed until next session, it would be thrown into 1936—a campaign year. Some confidants of the President already have indicated he is ready to press his plan through the presidential cam- paign—thus making it a major issue. But there was much confusion in Congress as to whether the White House would prefer immediate passage —and Democratic leaders apparently were divided as to the practicability of obtaining action this session on a program which includes such major proposals as higher taxes on large in- comes, both individual and corpo- rate, and heavy levies on inheritances. “Sooner or Later.” After conferring with Charles Michelson, publicity director for the Democratic ~ National ttee, Speaker Byrns isued a statement say- ing the presidential message was a “practical chart” for a tax bill that Congress will have to enact “sooner or later” to meet emergency expendi- tures. “I have no doubt,” he said, “that when the matter comes directly be- fore Congress for action, that the Na- tional Legislature will follow the President’s lead.” ‘Though the Senate Finance Com- mittee rejected yesterday a move by Senator La Follette, Progressive, of Wisconsin, to attach a series of “wider distribution of wealth” taxes to a bill extending $500,000,000 in nuisance taxes, La Follette was plan- ning to offer his plan from the floor, possibly next week. La Follette Praises Message. La Follette has praised the Presi- dent’s tax message and the amend- ments were his idea of how Mr. Roose- velt's general suggestions should be carried out. n His tax plan will be supported by Senator Long, Democrat, of Louisiana, who expressed skepticism about the President’s message and said he wanted to “put the New Deal crowd on the spot.” Advocates of immediate payment of the soldiers’ bonus renewed their drive after reading the President’s message. An American Legion statement as- serted the Roosevelt program was simi- lar to one suggested by Secretary Mor- genthau when the Treasury head said new taxes would be necessary if the bonus . were paid. WALL STREET DENIES TAX MESSAGE LEAK Analysts Describe Selling as Nat- ural Setback After Sub- stantial Rally. By the Associated Press. NEW YORK, June 21.— Leading stock market brokerage houses today were dismayed by published reports that Wall Street had an advance tip on President Roosevelt's tax message. The report was widely discredited by brokers, who pointed out that it appeared to have originated in an article published in a London news- paper yvesterday. The selling in the stock market late Wednesday, in advance of the President’s message, was described by several market analysts as represent- ing a natural setback after a sub- stantial rally. Selling centered in metals, and was attributed to in- creasing uncertainty over the ability to maintain present prices in the ab- sence of codes. By the Associated Press. LONDON, June 21.—Gresat Britain's served to illustrate what the new tax- ation plan means. ‘WASHINGTON, IPARIS DISSATISFIED) TROLLEYS JUNKED OVER NAZI TREATY, LAVAL TELLS EDEN Open Breach Avoided, but First Parley Is Inter- rupted. GENERAL ARMAMENTS PACT IS DISCUSSED Conference “Entirely Frank,” Premier Says, and Claims Coun- tries Will Work Together. (Copyright, 1935, by the Associated Press.) PARIS, June 21.—Premier Pierre Laval flatly vold Capt. Anthony Eden of Great Britain today that France was dissatisfied with the Anglo-Ger- man navy agreement and their con- versation was interrupted in the middle of the afternoon. The premier avoided anything ap- proaching an open breach, but “rein- forced” the French note and “re- newed his reservations” regarding the accord by which Great Britain granted Germany a fleet 35 per cent as large as her own. Having expressed his strong dissat- isfaction to Eden, Laval raised a ques- tion on the conclusion of a general armaments pact, saying France was ready to proceed toward a general peace agreement. He was understood, however, to have insisted that France must have Eng- land’s support for & higher naval ratio than at present in the face of Ger- many’s 400,000 tons. Policy Unknown. He did not say whether he Fad de- clared France's intention to build a navy up immediately, as he and Francois Pietri, minister of marine, intend to consult Parliament before determining on policy. ‘The premier said the conference with Eden was “entirely frank” and “the relations altogether friendly.” He emphasized that there was no real rift, saying that France and England had agreed to work in “closest co- operation.” French protests that the British had scrapped the Washington and Versailles treaties and had broken the common allied front by according Germany a big fleet were met by Capt. Eden’s explanation that the Anglo-German naval accord is & tangible start toward a universal agreement on armaments. Premier Laval and Pietri, after ap- peariag before the Chamber of Depu- ties’ Naval Committee this afternoon, were to have discussed a four-point program with Capt. Eden. ‘The program is: Alr pacts. 2. An Eastern European securities system. 3. A Danubian accord. 4. The Ethi- opian problem. Air Pact Problems. The main air pact difficulty is = determination of methods for making it automatically and instantly ef- fective in case of an attack and of methods for keeping a check on the ! various air fleets. France had met Eden’s explanations in advance by scrapping all limitations on her navy. Informed quarters said Permier Laval intended to tell Eden that Prance is unwilling to discuss air and naval accords until progress is made toward achieving other multilateral “security pacts.” These accords were understood to be: 1. A Danubian agreement against any jaterference in- Austria. 2. An Eastern pact of non-aggres- sion, tied up with the Franco-Russian mutual assistance treaty, under which aid would be denied to any aggressor. Germany’s Attitude. Officials indicated that Germany's formal refusal to sign such pacts would influence France's attitude, particularly should Germany fail to return to the League of Nations, where France insists the network of pacts should be negotiated. Capt. Eden was said authoritatively to bear assurances that the Franco- Italo-British Stresa solidarity was unbroken. His endeavors to persuade Prance to send naval experts to London for dis- cussions of a multilateral pact and to help start negotiation for an air ac- cord were understood to be based on a promise to maintain the Stresa program. < Laval was expected to ask assurances that Great Britain's sea forces, as well as her air fleet, would aid France in event of any attack by Germany. Authorities said Laval was certain to remind Eden that France consid- ered her greatest danger to lie in the new army and air force of Reichs- fuehrer Hitler, Ship Aground in Far East. 'TOKIO, June 21 (£)—The wireless station at Hokkaido tonight inter- cepted a message from the Canadian freighter City of Victoria saying that she had grounded at 8:10 p.m. near Cape Erimo, Hokkaido. The freighter reported she was not seriously dam- ;cedunnd hoped she would soon be re- loal L. English Envisage Roosevelt Taking Barbara’s Millions editorial comment: “The immediate result of the wrecking of N. R. G, FOR CONNECTICUT AVENUE BUS LINE Tracks to Be Abandoned From Calvert to Chevy Chase Circle. REGULAR STREET CAR FARE TO BE CHARGED Public Utilities Commission Says Majority Want Change Made. Abandonment of street car tracks on Connecticut avenue from Calvert street to Chevy Chase Circle and sub- stitution of bus service, effective Sep- tember 1, was ordered today by the Public Utilities Commission, with the approval of the District Commission- ers. Under terms of the order the new bus lines will connect Chevy Chase with downtown Washington, Anacostia and the Potomac Park area. Regular street car fare will be charged on all except express busses, for which the charge will be 10 cents cash or the $1.25 weekly pass. In announcing the order the com- mission listed 16 findings of fact favoring substitution of busses for street cars, and also said that the public hearing on the matter last week disclosed the majority of interested persons want the change made. New Busses to Be Ordered. The Capital Transit Co., which had requested permission to abandon its tracks, already has obtained estimates | of the cost of requiring busses and | is expected to put in its order shortly for sixty 30 and 40 passenger busses. ‘The base local service from Chevy Chase will follow a route down Con- necticut avenue to Eighteenth street, south to I street, east to Thirteenth street, south to E street, east to Sixth street, south to C street south- west, east on C, Canal and E streets | to Fourth street southeast, south to Virginia avenue, east on Virginia avenue and’ K street to Eleventh street, south on Eleventh street across the Anacostia Bridge to Nichols ave- nue, to Halley place, east to First street and south to Livingston road. Returning the busses would fol- low the same route as far as Thir- teenth and H streets, where they would turn west to Seventeenth street and then proceed north on Seven- teenth street and Connecticut avenue. Express Route Different. ‘The express busses would travel down Connecticut avenue from Chevy Chase Circle and along the same route as the local busses as far as Eighth end E streets, where they would turn south to Market Space. The return route is west on Market Space and Pennsylvania avenue to Thirteenth street, north on Thirteenth to H, west to Sevtenteenth street and north to Connecticut avenue. Special rush hour service will be provided for Anacostia and Congress Heights, with terminals in Anacostia and the downtown area. These busses would travel routes east of Sixth street and Constitution avenue, thence west on Constitution avenue to Twen- tieth; north on Twentieth street to C, east on C to Virginia avenue and continuing along Virginia avenue and Constitution avenue return to Ana- costia. Additional service would be fur- nished during the rush hours to and from Chevy Chase on both the local and express lines. ‘This would follow the route of the Chevy Chase express service, inbound to Thirteenth and E streets, then south to Pennsylvania avenue, east to Eighth street, north to E, west to Thir- teenth, north on Thirteenth, and from there over the regular outbound route. During the afternoon rush period the added busses would follow the regular route of the Chevy Chase express busses. More Rush-Hour Service. ‘There will be an additional rush- hour service connecting Chevy Chase with the Potomac Park area. These busses will travel downtown along Connecticut avenue as far as Florida avenye, turning off there and pro- ceeding south on Twenty-first street to Constitution avenue, and east on Constitution to Eighteenth street. On the return trip the busses will travel north on Eighteenth to E street, west on E to Twenty-first, thence north via Twenty-first street, Florida avenue and Connecticut avenue to Chevy Chase Circle. During rush hours, passengers will not be allowed to board southbound busses south of Van Ness street, or to board northbound busses north of K street. They also must leave busses within the same areas. The area for boarding and alight- ing from express busses during non- rush hours was extended south to Calvert street, while K street was maintained as the northern boundary. These limitations on points of load- ing and unloading, “doubtless will be temporary,” the commission stated, adding that the ultimate loading and Along with its Connecticut avenue tracks, the transit company is au- thorized to abaadon its plow pit at the east end ~f the Calvert Street Bridge. The company will be réquired to have its plans and detailed esti- |drive for the holding FRIDAY, JUNE 21, 1935—FORTY-EIGHT PAGES. 1 WONDER IF ANY OF MY PARTY FACTIONS WILL BE OFFENDED IF 1 SNEAK OFF TO / TH'BARN AN HAVE A GOOD HEARTY, 2 . LAUGH ? The only evening paper in Washington witg the Associated Press News and Wirephoto Services. "~ Yesterday’s Circulation, 126,471 FHR Some Returns Not Yet Received, L Mr. Hoover’s Slightest Utterance is Being Interpreted as Nomination Leanings! HOLDING COMPANY BILL SEEN DOOMED House Poll Indicates Forty Votes Lacking in Fight for Measure. By the Associated Press. A private poll of the House is re- ported to show that administration leaders lack some 40 votes in their fight to pass a bill calling for the com- pulsory abolition of “unnecessary” pub- lic utility holding companies. Against President Roosevelt's wishes, the House Interstate Commerce Comi- mittee has approved provisions which would give the Securities Commission permissive authority to require dissolu- tion of the holding companies instead of making their abolition by 1942 mandatory. House leaders plan to continue the companies’ “death sentence” on the floor, but were reported to have become dis- heartened by the results of the poll of the members. The “death sen- tence” provision passed the Senate only by a one-vote margin. Report Expected Saturday. “The Commerce Committee was called into session again today to act on the remaining two points in the long- controverted legislation. Indications were that the measure would be re- ported to the House Saturday for con- sideration early next week. ‘The two items yet to be approved are the procedure for taxing utilities and the language to be used in setting forth Congress’ policy in regulating utilities. As now written, the meas- ure would subject 15 per cent of hold- ing company dividends to corporate income levies. This tax is being strongly opposed by the Committee of Public Utility Executives. . Gadsden Says Tax Unfair. The committee’s chairman, Philip H. Gadsden, said: “It is not reasonable regulation to impose a special duplicate tax on divi- dends received by the utility holding compeny—a tax intended solely to force utility holding companies out of existence. . “Support for the President in his efforts to outlaw holding companies came yesterday from Representative Maverick, Democrat, of Texas, who asserted Commerce Committee’s action was a “radical departure from the vigorous and forthright policy an- nounced by the President.” Maverick said it was a “sheer and cowardly abdication by Congress of its legislative function” to tell the Securities Commission to decide whether a holding company should be abolished. . GRANT BEATS WELSH D. C. Champion Loses to Atlantan . in Chicago. CHICAGO, June 21 (#)—Bryan “Bitsy” Grant, mightly little man of tennis from Atlanta, advanced to the quarter-finals in defense of his na- tional clay court singles crown today by defeating Barnard Welsh, national public parks champion from Washing- ton, D. C, in straight sets, 6—4, 6—3. The tiny champion, standing only five feet four and weighing only 120 pounds, mowed down his six-foot rival with, comparative ease. Readers’ Guide John D. Is ligible To Get $5,000,000 On 96th Birthday By the Associated Press NEW YORK, June 21.—A spokesman for the Rockefeller family today officially denied a published report that John D. Rockefeller, sr., would receive $5,000,000 on insurance policies July 8, his 96th birthday anni- versary. However, inquiry at some of the large life insurance companies revealed that according to the usual practice it would be pos- sible, though not compulsory, that the elder Rockefeller receive the face value of his insurance policies on his 96th birthday an- niversary, providing the policies are drawn up in the customary way. Mr. Rockefeller took out his first policy, it was sajd, when he was only 21. % VANDENBERG SES HGH COURT 150 Warns Against Move to Curb Tribunal’s Power in | Radio Forum Speech. Elimination of the Supreme Court’s power to interpret the Constitution would be an invitation to Fascism at the right and Commurism at the left, Senstor Vandenberg, Republican. of Michigan warned last night in a speech in the Nationa! Radio Pcrum. His address on “The Latest Consti- tuticral Challenge,’ arranged by The Star and broadcast on a coast-to- coast network cy the National Broad- casting Co., assailed “the presidential reference to constititional amend- ment” put forth by tie White House after the court's ruling against N. R. A. This N. R. A. decision reatirmed that “the Constitution is something more than a paper napkin at an eco- nomic picnic,” said Vandenberg, who has been prominently mentiored as 1936 Republican presidential nominee. Holds Issue Up to People. “The Constitution and its tradi- tional Americanism are once again tive issues. This is gocd if-it leads to truth; incalculably bad if it misleads into treacherous innovations. The people must decide. “It is vital that the people under- stand that if they desert the Curstitu- tion they desert themselves. They fall upon: their own sword “This does not pretend the Consti- tution is sacrosanct. This is not a static world. But our constant amaze- ment has been to discover that this charter usually fits our changing needs if we seek patiently to find our answer within its boundary.” Says Amendment Doomed. He held an amendment giving the Federal Government authority over wages, commerce and labor would be ratified by no more than 10 States and added: “It is my own view that concentrated ‘Washington authority over the inti- mate lives and lvelihoods of 125,000,- 000 people scattered across a broad and diversified continent would be botn despotic and impractical.” ‘The Senator pointed out that of 24,016 acts of Congress in 146 years, only 59 have been held unconstitu- tional by the court. (Full text of Senator Vandenberg’s address on Page B-10.) PRESDENT HOVES TONDR AFEL Seeks to Bring Harmony Be- tween Agency and Trade Commission. By the Associated Press. While a drive for a new N. R. A. law is getting under way behind the scenes in important administration circles, the President has moved to break the two-year feud between the Federal Trade Commission and N. R. A Both sides are said to be willing to let by-gones be by-gones, and offi- cials of both groups are expected to get together to discuss matters in a friendly way. Within the new, stop-gap N. R. A. organization there is said to be a desire for co-operative effort under which the commission would have an opportunity to share in the making of voluntary codes. Fog Must Be Dispelled. ‘Whether the fogs of distrust that kept the two agencies apart during old N. R. A. can be dispelled remains to be seen. The commission has al- ready taken a friendly step in deter- mining not to create codes of its own, as it has power to do. Some 50 to 60 industries have made inquiries regarding such codes, but the commission feels it should avoid duplication, try to give advice, and se¢ to it that actions of industry under codes do not violate the anti~ trust acts. The feud between the commission and N. R. A always burned in the background. Neither actually as- sailed the other publicly. The com- mission, for instance, condemned the steel code, but did not touch on N. R. A. as such. Similarly Gen. Hugh 8. Johnson, first N. R. A. chief, rap- ped theories involved in the trade commission act, but not the actions of the commission. Conflict Kept Private. Privately it was another story. One high commission official offered to bet N. R. A. would be declared uncon- stitutional, while Johnson and others who followed him were uncompli- mentary concerning the commission’s efficiency. The proposed new N. R. A. legisla- tion has been drafted by an admin- istration group, though President Roosevelt’s views on it are unknown. It would join N. R. A. to the com- mission under the commission’s name. It probably would enlarge the com- mission from its present five mem- bers to seven or nine. A definition of interstate commerce would be an important part of the legislation. Through it the Govern- ment would attempt to regain super- vision of some things stripped from N. R. A. by the Supreme Court. Some officials feel the court would be re- quired to take cognizance if it were strongly supported with factual data about the interstate character of various industries. —_—— NATS-INDIANS IDLE Rain and Cold Weather Forces Postponement in Cleveland. CLEVELAND, June 21 (#)—Rain and cold weather today caused the postponement of the final game of the series here between the Nationals and the Cleveland Indians. This was the third contest rained out for the Harris band on the present ‘Western trip, two being called off in St. Louis earlier in the week. Housewives Threaten Boycott As Meat Prices Hit New High inaex of 1603, compared with 157 weeks ago and 1199 at the close 1934. “meat prices continued their up- wara trend. All mears sharsd in the increase, the most important change being an increase of 7.3 per cent in the price of vork chops,” the Labor Department stated. Ia another bulistin on the general level of the cost of livirg, this depart- ment revealed: '-mnm«xgumvuhn- cities of the United States increased 1.8 per cent in tne four-month period from November, 1934, to March, 1935. “Food, which rose by 5.9 per cent on the average in the large cities of the United States, showed more sub- UP) Means Associated Press. TWO CENTS. TAXES T0 FINANCE DISTRICT SECURITY PROGRAM STUDIED Social Measures Will Be Pushed, With Revenue Angle Left Open, EXPERTS MAY BE USED TO MAP FISCAL PLAN $1,800,000 in New Funds Needed, but Commissioners Seek to Work Out Sane Levy. BY J. A. O'LEARY. A special Senate subcommittee will proceed at once to push for action at this session on the local social se- curity bills, while the question of how to raise additional revenue the city will need for this and other purposes will be left for more thorough study by another subcommittee after Con- gress adjourns. ‘This course was decided on at a four-hour meeting of the Senate Dis- trict Committee late yesterday, in which virtually every local problem of current interest was debated. Ten bills, including the modified smoke-control measure, were ordered favorably reported, and Chairman King asked Commissioner Hazen to have District officials give careful study during the Summer to a variety of subjects and make recommenda- tions when Congress returns. He mentioned taxicab regulation, how far the city should go in abandoning street car tracks for busses, whether a subway is needed, and how to solve the automobile parking problem. Copeland, Capper, Handle Bills. The social security bills—old age pensions and unemployment insurance —were turned over to Senators Cope- land of New York and Capper of Kansas, with power to report them directly to the Senate when they are ready. The blind pension bill is al- ready on the Senate calendar. A separate subcommittee consisting of Senators Capper of Kansas and McCarran of Nevada was instructed by Chairman King to take all new taxation bills that have been proposed and analyze them during the recess. ‘This was done at the suggestion of Commissioner Hazen, who said: “The Commissioners would like to have all taxation bills go over until Fall, so that we may give concrete and care- ful study to them.” Senator Copeland asked if there would be one to change Washington’s basis of assessment from its present high level to a parity with the rest of the country, and Hazen said there would be. ’36 Revenue Needs in Doubt. Senator Capper also called atten- tion to his bill to increase taxation on public utilities, and this was included in the subjects referred to the sub- committee. ‘The amount of new revenue the Dis- trict may need in 1936 will depend largely on the form of the local social security bills. At the outset the old- age and blind pensions are expected to call for about $325 000 for the Dis- trict’s share, to be supplemented by Federal grants of not to exceed $15 a month per person. A much larger item of proposed ex- pense is the provision in the House unemployment insurance bill requiring the District government to pay into the unemployment fund a tax of 1 per cent, while the emplcyers will pay in 3 per cent of their pay rolls. The House unemployment bill, by Repre- sentative Ellenbogen, calls for an ap- propriation of $750,000 to start with, and District officials figure the cost will be considerably more than that when the plan is in full operation. Fivé Per Cent Tax to Be Studied. Members of the Senate District Committee said today they would give consideration to the provisions in the House unemployment insurance bill which would raise the pay roll tax to 5 per cent on employers who show & poor record for stabilizing employ- ment, but would not allow any reduc- tions in tax below the basic rate of 3 per cent when an employer shows a good record for keeping men at work. As the bill was reported out in the House it was intended that the tax should be reduced as low as 1% per cent on a favorable experience record as well as increase on a bad record. On the floor of the House, however, a chahge was made eliminating the reduction on the theory that the standards in the national security bill would not permit that. Since that time, however, the Senate has amend- ed the national bill by allowing States to give employers credit when they succeed in stabilizing employment. Commissioner Hazen said today tax (See D. C. TAXES, Page 8) STOCKS SWEPT UP $17T0 $5 PER SHARE Passage of Taxes Held Doubtful and Favorable Business Sur- veys Spur Rise. By the Associated Press. NEW YORK, June 21.—The stock market recovered completely frum its taxation jitters today and more than regained yesterday's loeses. Prices of leading issues pushed up $1 to $5 a share in active t:ading. Further consideration of President Roosevelt’s distribute-the-wealih tax proposals led many Biokerage circles to doubt the ikelihnod of legisiation at this session of Congress. Favorable week end trade and business surveys helped the upward movement. In the late trading Air Reduction was up $5, above $142; American Can up more than $4, around $141; Allied Chemical up $3, around $153; Du Pont up about $3, above $104; General Motors up nearly $2, around $33: Chrysler up more than $2, close to $50; Union Pacific up about $2 above $105. United States Steel up more "h-m.: $1, close to $34, and American phone up rfl! $2. above $127, )