The Senate, after only eight minutes of debate, stripped the President of his ten-year-old power to devalue the dollar.
The House debated a $707 million Agriculture Department appropriation. Up rose Missouri's knob-nosed Clarence Cannon, errand boy for the Farm Bloc. The Appropriations Committee had already lopped $100 million for farm incentive payments off the bill. Representative Cannon, suspecting the Administration might use other Agriculture Department funds for such subsidies, and sticking tight to the farm-bloc alternative of higher prices, offered an amendment barring all incentive payments. The House, whipped into line by the farm lobby, approved.
On the tax deadlock, stubborn old Robert...