Word: session
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Dates: during 1930-1939
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Awaiting the start of a special session called before the current slump had been diagnosed as much more than a technical reaction in stocks, Franklin Delano Roosevelt spent the week much as Herbert Hoover spent November's second week eight years ago: holding conferences to find some way to halt the decline, to restore confidence throughout the land...
...Washington this week, the 24th Special Session of Congress in U. S. history convened under circumstances to which Senator Ashurst's remark was peculiarly pertinent. When Franklin Delano Roosevelt last month called the Session to deal with a five-point legislative program, the U. S. was, relatively speaking, economically content. The five weeks since have been just long enough to include the first serious decline in U. S. business since 1933. To the notable opportunities for controversy already foreseen for the special session, the slump added another. This week, when Vice President Garner in the Senate and Speaker William...
Question of what Congress will make of this formidable program in the next six weeks, and of whether it will do anything much besides laying the groundwork for the regular session, was this week almost as mysterious as Senator Ashurst made it sound. The Wages & Hours Bill was last week exactly where it was last summer-tied up by an unfavorable House Rules Committee. Neither the farm bill nor the bill to create seven regional TVAs was clearly formulated. Executive reorganization looked like the first item on the calendar but on it also was something definitely not included...
...lobbied successfully in 18 States for laws against these alleged practices. In answer to A. F. C. demands, the U. S. Department of Justice made a nine-month investigation this year, began presenting evidence to a special Federal Grand Jury in Milwaukee last September. The jury is still in session, but A. F. C. members last week were unanimously confident of victory under the Sherman Anti-Trust Law. Said new A. F. C. President Owen Lewis Coon: "I can see the breaking of monopoly ahead in this business, and I can see the breaking up of the business into smaller...
...calmer and more conciliatory, quieted perhaps by the start of a depression which may well develop into one fully as fearful as the depression which first elected Mr. Roosevelt. But vastly more important than the President attitude is the attitude of Congress, and if the beginning of the special session is any barometer, the fears of business men, which have been responsible for this "second depression," should be largely groundless...