The House: ¶ Passed a bill to repeal the gold payment clause in public and private debt contracts; sent it to the Senate (see above).
¶ Passed (323-to-76) the national recovery bill providing for a "partnership" between Government and Industry, for $3.300,000.000 worth of public works and for new taxes to finance them: sent it to the Senate. A general sales tax was defeated (265-to-137). (See p. 13.) ¶ Passed (262-to-19) a bill by Alabama's Steagall for government insurance of bank deposits; sent it to the Senate (see p. 14). ¶...
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