CONGRESS: The Senate Week May 19, 1930

Work Done: The Senate of the U. S. last week:

¶ Adopted a resolution to survey the Federal Reserve banking system, chain & branch banking, carrying speculative securities, issuing call loans to brokers for speculation.

¶ Rejected (41 to 39) the nomination to the Supreme Court of Judge John Johnston Parker (see p. 14).

¶ Passed the $456,695,864 Army appropriation bill.

¶ Returned the Tariff Bill to conference insisting on its own amendments (TIME, May 12).

¶ Adopted a joint resolution inviting "States of the Union and foreign countries" to an international petroleum exhibition at...

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