THE CONGRESS: Work Done, Jul. 11, 1932

The Senate:

¶ Adopted (35-to-11) the conference report on the Economy Bill; sent it to the President.

¶ Adopted conference reports on the Treasury-Postoffice ($1,055,000,000), Independent Offices ($983,000,000) and Second Deficiency ($22,000,000) appropriation bills.

¶ Rejected (45-to-8) a Presidential request for a $40,000 appropriation to pay expenses of a delegation to the proposed London Economic Conference, voted the money instead to a world "monetary conference" not yet officially proposed.

¶ Passed a bill reducing from 44% to 3% the interest rate on Bonus loans; sent it to the House....

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