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COMMITTEE ON BANKING AND CURRENCY

HOMER E. CAPEHART, Indiana, Chairman
JOHN W. BRICKER, Ohio

BURNET R. MAYBANK, South Carolina
IRVING M. IVES, New York

J. WILLIAM FULBRIGHT, Arkansas
WALLACE F. BENNETT, Utah

A. WILLIS ROBERTSON, Virginia
PRESCOTT BI'SH, Connecticut

JOHN SPARKMAN, Alabama
J. GLENN BEALL, Maryland

J. ALLEN FREAR, JR., Delaw
FREDERICK G. PAYNE, Maine

PAUL H. DOUGLAS, Illinois
BARRY GOLDWATER, Arizona

HERBERT H. LEHMAN, New York
IRA Dixon, Chief Olerk
RAY 8. DONALDSON, Staf Director

CONTENTS

Pago

S. 2889

2

S. 2938.

3

Amendment, Senator Maybank.

38, 298

S. 2949...

33

Statement of—

Bartlett, E. L., a Delegate in Congress from the Territory of Alaska... 753

Baughman, J. Stanley, president, and Robert N. Reid, general coun-

sel, Federal National Mortgage Association.-

81

Bean, Lee C., chairman, legislative committee, Wherry Housing Asso-

ciation..

336

Bialac, Jerry, vice president, Rental Development Corporation of

America.

678

Boyar, Louis H., Los Angeles, Calif.

927
Campbell, Wallace J., director, Washington office, Cooperative League
of the United States of America -

957
Carpenter, H. Daniel, National Federation of Settlements and Neigh-
borhood Centers..

675

Clarke, William A.,

president, accompanied by Samuel Neal, general

counsel; Maurice R. Massey, Jr., Philadelphia; and James W. Rouse,

Baltimore, Mortgage Bankers Association of America..

301

Cole, Albert M., . Administrator, accompanied by B. T. Fitzpatrick,

Deputy Administrator and General Counsel; James W. Follin, Di-
rector, Division of Slum Clearance and Urban Redevelopment; and
John C. Hazeltine, Commissioner, Division of Community Facilities
and Special Operations, Housing and Home Finance Agency; Guy
T. 0. Hollyday, commissioner, and Allan T. Thornton, director,
Personnel and Statistics Division, Federal Housing Administration;
Walter W. McAllister, chairman, and Wade Harrison, General
Counsel, Home Loan Bank Board Charles Slusser, Commissioner,
and Lawrence Bloomberg, economist, Public Housing Administra-
tion; and J. Stanley Baughman, president, and Robert N. Reid,

general counsel, Federal National Mortgage Association -- 37, 81, 213

Deane, Charles B., a Representative in Congress from the State of

North Carolina..

401

Ditchy, Clair W., president, American Institute of Architects.

395
Downer, Adin M., assistant legislative officer, Veterans of Foreign
Wars of the United States.--

270
Du Laurence, Henry, chairman, legislative committee, National Apart-
ment Owners Association, Inc.-

874
Ehlers, Joseph H., field representative, American Society of Civil En-
gineers.

333
Ferry, John M., special assistant to the Under Secretary of the Air

Force, accompanied by Col. Hal H. McCord, USAF, and John

Mitchell, Chief, Housing Division, Department of Defense... 155

Foster, Charles E., assistant national director of legislation, Disabled

American Veterans..

683

Goldman, Arthur Sworn, construction economist

756

Gordon, Milton, mortgage consultant, Beverly Hills, Calif-

489

Grantham, B. E., first vice president, National Institute of Farm

Brokers, National Association of Real Estate Boards

920

Hadley, Eleanor M., American Association of Social Workers--

994

Held, Harry, National Association of Mutual Savings Banks.

933

Henderson, Elmer E., director, American Council on Human Rights-- 287

Hileman, Russell G., mayor, city of Michigan City, Ind., accompanied

by John P. Donnelly, executive director; and George N. Hall,

architect and engineer for Michigan City Housing Authority -- 868

[graphic]

Statement of-Continued

Pape

Hollander, Edward D., national director, Americans for Democratic

Action.

368

Hollyday, Guy T. O., Commissioner, and Allan T. Thornton, Direc-

tor, Personnel and Statistics Division, Federal Housing Adminis-

tration.-

37,81

Houser, Mrs. Jency Price, national organizer, Residence at Ease Asso-
ciation.

341
Hughes, R. G., president; Herbert S. Colton, general counsel; and

John M. Dickerman, executive director, National Association of
Home Builders of the United States.--

708
Johnson, Byron L., associate professor of economics and Gene T.

Skrivan, chairman, building industry and real estate department,
University of Denver--

1003
Kahn, Efrem A., Lindenwood Realty Corp., New York, N. Y.--

344
Kennedy, Miles D., director, national legislative commission, Ameri-
can Legion --

351

King, T. Bertram, Acting Assistant Deputy Administrator, Loan

Guaranty Service, Veterans' Administration -

162

Levitt, William J., New York, N. Y.------

386

Mason, Norman P., United States Chamber of Commerce-

243

McAllister, Walter W., chairman, and Wade Harrison, General
Counsel, Home Loan Bank Board---

81

McCormick, Pat_A., Trailer Coach Association, accompanied by

E. R. Shaw, Trailer Coach Association of Los Angeles, Calif.;

Ralph Karl, consultant and Washington representative; Walter

Wells, Mobile Home Manufacturers' Association of Chicago; Lee

Painter, president, Mobile Home Dealers National Association -- 566

Mead, Donald H., mayor, Syracuse, N. Y., American Municipal

Association..

1028

Mitchell, Clarence, National Association for the Advancement of
Colored People..

893
Moore, John H., executive director, United Community Defense
Services, Inc...

913
Murphy, M. K. M., past president, and Stephen Slipher, staff vice
president, United States Savings and Loan League.

686

Northrup, H. R., executive vice president, National Retail Lumber

Dealers Association..

481

O'Grady, Rt. Rev. Msgr. John, secretary, National Conference of

Catholic Charities.

640

O'Malley, James J., chairman, Federal legislation committee, National

Savings and Loan League.-

651

Packard, Arthur J., chairman of the board, and 0. M. Ryan, manager,

Washington office, American Hotel Association..

654

Paul, Lt. Gen. W. S. (retired), assistant to the Director for Non-
military defense, Office of Defense Mobilization..

200

Perk, Ralph J., councilman, Cleveland, Ohio.

702

Peterson, Val, Administrator, read by Ralph Spear, Deputy assistant

Administrator for Planning, Federal Civil Defense Administration.- 202

Rafsky, William L., housing coordinator, Philadelphia, Pa----- 900

Raider, David L., attorney, Associated Builders of Greater New

York, Inc.-

999

Reilly, John A., American Bankers Association.

264

Robbins, Ira s., president, accompanied by Edward F. Barry, chair-

man of the board; and Dr. William L. C. Wheaton, professor of city

planning, University of Pennsylvania; National Housing Confer-

828

Robin, John P., executive director, Urban Redevelopment Authority

of Pittsburgh, Pa., United States Conference of Mayors..

1023

Shanks, Carrol M., president, and John G. Jewett, vice president,

Prudential Insurance Company of America; and Milford A. Vieser,

vice president, Mutual Benefit Life Insurance Co. of Newark, N.J.;

American Life Convention and Life Insurance Association of

America.

595

Shishkin, Boris, secretary, housing committee, American Federation
of Labor.

944

Slusser, Charles, Commissioner, and Lawrence Bloomberg, economist,

Public Housing Administration.--.

81

Statement of—Continued

Pago

Smith, Henry C., Deputy Administrator, Farmers' Home Adminis-

tration, accompanied by Charles C. Barnard, budget officer, and

R. L. Farrington, Director of Credit Services, Department of

Agriculture

204

Thimmes, James G., vice president, CIO, and United Steelworkers of

America, accompanied by John W. Edelman, CIO legislative sub-
committee on housing; Frank Fernback, associate director of re-
search; and Ben Fischer, director, committee on housing, CIO.--. 490
Tuemmler, Fred W., American Institute of Planners..

670
Wallace, William T. Peru, Ind....

661
Waltemade, Henry G., chairman, Realtors' Washington Committee

National Association of Real Estate_Boards, accompanied by
Alexander Summer, Newark, N. J.; and Fritz B. Burns, Los Angeles,
Calif..

411
Weitzer, Bernard, national legislative director, Jewish War Veterans of
the United States of America.

987

Wellman, Charles A., vice president, Glendale Federal Savings &

Loan Association.

275

Winston, Oliver., C. president, National Association of Housing and

Redevelopment Officials accompanied by John Searles, Executive

Director, District of Columbia Redevelopment Land Agency --- 620
Letters, statements, exhibits, etc., submitted for the record by—

Alaska Development Board, Al Anderson, assistant manager: Letter
to chairman...

1102
Alaska Housing Authority, Glen R. Wilder, executive director: Letter

to Delegate Bartlett enclosing resolution --
Alaska National Bank, Anchorage, Alaska, E. E. Rasmuson, presi-
dent: Letter to chairman..

1102

American Bankers Association, J. Olney Brott, general counsel:

Letter..

1103

Supplementary statement on proposed voluntary home credit

program..

1103

Statement on proposed Federal Savings Insurance Corporation.- 1104
American Farm Bureau Federation, Joe Betts, legislative assistant:
Letter to chairman-

1040
American Federation of Labor: Condition of housing supply-

954
American Hotel Association: Amendments...

659
American Institute of Planners: Letter to chairman enclosing reso-
lution.

671

American Legion:

Wilbur Č. Daniel, chairman, National Economic Commission:

Statement.

351

Supplemental statement-

357

Letter to President, January 30, 1954, from national commander. 362

White House reply, February 18, 1954.

363

Letter to President, March 8, 1954. -

363

Letter to VA Administrator from special committee on VA loan

procedures

363

Letter enclosing statements opposing sections 201 and 201 (1),

section 801, and transfer of functions from VA to HHFA----- 1105

American Life Convention and Life Insurance Association of America:

Proposed bill...

606

National policy on housing and mortgage lending—a statement

of life-insurance views...

609

American Planning and Civic Association, U. S. Grant 3d, major

general, United States Army (retired), president: Letter to chair-

man.

1041

Americans for Democratic Action, Edward D. Hollander, national

director: Letter with attachment on Connecticut program

382

Baltimore, Md., Planning Commission, Department of Planning,

Thomas F. Hubbard, chairman: Letter to Representative Gar-

matz.

1041

Baratz, Morton S., department of economics, Yale University: Letter

to chairman enclosing article, public housing: A critique and a

proposal.-

1042

[graphic]
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