Word: billing
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Dates: during 1930-1939
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Farm Loan Interest. Only major veto of the session was placed by Franklin Roosevelt on a bill to extend for two years the "emergency" rate of 3½% on Federal Land Bank loans to farmers. Last week both Houses overrode the President...
...creation of seven "little TVA's" throughout the land is the dream of Senator Norris of Nebraska, who sired big TVA. The President put this program on his Must list for the special session last fall, let it be forgotten when the ruckus within TVA broke out. Last bill on the subject submitted was "National Planning Act of 1938" by Representative Joseph Mansfield of Texas, which proposed to curb floods, improve navigation, conserve water, soil, forests, etc., did not mention Power...
Lend-Spend Bill...
...next year, an increase of $20,000,000,000 since Franklin Roosevelt took office. Spending was by all odds the biggest job performed by the 75th Congress. Its other work done: Wages 6 Hours, To give the President his pet piece of legislation. Congress last week passed a compromise bill (TIME, June 20) fixing minimum wages at 25^ an hour, maximum hours at 44 a week, providing for a 40^-40-hour standard after seven years, with flexible provisions mak-ing it tolerable to the industrial South which had kept the President from getting it before...
Railmen's Insurance. Although failing to fashion a crutch for the staggering railroads (see col. 1), Congress last week passed a bill taking railway employes out of the unemployment insurance systems of the States and putting them under a Federal system handled by the Railroad Retirement Board. Benefits: $1.75 to $3 per day for up to 80 days of idleness per year. Source of revenue: a 3% payroll tax on wages up to $300 per month...