HEARINGS

BEFORE A

SUBCOMMITTEE OF THE

COMMITTEE ON BANKING AND CURRENCY UNITED STATES SENATE

EIGHTY-FIFTH CONGRESS

FIRST SESSION

ON

VARIOUS BILLS TO AMEND THE FEDERAL HOUSING
LAWS, AND OTHER BILLS

90300

MARCH 18, 19, 21, 22, 25, 26, 27, 28, APRIL 1, 2, AND 3, 1957

Printed for the use of the Committee on Banking and Currency

UNITED STATES
GOVERNMENT PRINTING OFFICE

WASHINGTON: 1957

Arrington, John H., Chief, Family Housing Division, Office of Assist-

ant Secretary of Defense (Properties and Installations); accom-

panied by David M. Lancaster_-_-

Banner, Knox, president, accompanied by John R. Searles, Jr.,

executive director, Development Land Agency, District of Colum-

bia; John Lange, executive director and Hugh Mields, Jr., assistant

director, National Association of Housing and Redevelopment

Officials.

Baughman, J. Stanley, President, Federal National Mortgage Associ-

ation..

Bialac, Jerry, president, Rental Development Corporation of America.

Bible, Alan, a United States Senator from the State of Nevada..

Blanch, Lloyd E., Assistant Commissioner of Education, Division of

Higher Education, and Willis D. Gradison, Jr., assistant to the

Secretary, Department of Health, Education, and Welfare...

Bubb, Henry A., legislative chairman; accompanied by Stephen

Slipher, manager, Washington office, United States Savings and

Loan League__

15

15

25

27

28

237

730

112

721

152

263

781

Cades, J. Russell, Honolulu, T. H., accompanied by Francis M.

Wegman, on behalf of Wherry Housing Owners of Hawaii..

Camp, Ehney A., Jr., John G. Jewett, and James J. O'Leary on behalf
of American Life Convention and Life Insurance Association of
America...

809

380

Campbell, Wallace J., director, Washington office, Cooperative League
of the United States of America..

937

Childers, Miss Frankie, National Institute of Social Welfare..

Cole, Albert M., Administrator, Housing and Home Finance Agency__78, 817

Daley, Richard J., mayor, Chicago, Ill., accompanied by Alderman

William Murphy, Gen. Richard Smybal, Ira Bach, Phil Doyle, and

James C. Downs, Jr....

902

Dilworth, Richardson, mayor, Philadelphia, Pa., representing Ameri-

can Municipal Association..

911

590

Ellis, Calvert N., president, Juniata College, representing Association
of American Colleges...

501

Finucane, Charles C., Under Secretary of the Army, accompanied by
Maj. Gen. K. A. Barney, Director of Installations, Office, Deputy
Chief of Staff for Logistics, United States Army.
Frisch, Nat, president, Charleston, S. C., Area Home Builders Associa-

tion_

410

659