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SUPPLEMENTAL MINORITY VIEWS

This will be the seventh time since 1934 that the Congress has been asked to raise the limit on our national debt. These increases were made necessary despite the enactment of 13 major revenue bills during that period, each one increasing the tax burden carried by our people.

When the New Deal regime took over back in 1933, the national debt was 20.9 billions. Today it is $233,000,000,000. By a succession of increases the debt limit was raised from 45 billion in 1935 to 65 billion before our entrance into the war in December 1941. During the same period annual Government spending increased from 3.8 billions to about 13 billion. These enormous increases in expendi- tures were brought about by profligate and wasteful spending which Republican Members of Congress denounced and protested against time and again, to no avail.

Today the national debt limit is $260,000,000,000 which we now are asked to increase to $300,000,000,000. The Federal debt alone, at 300 billion as contemplated in this bill, will be a charge of close to $10,000 on each of the estimated 30,000,000 families in the United States. It means that every newborn American babe starts life tagged with a debt to the Federal Government of nearly $2,500.

Through the insistence of the minority members of the committee, the Treasury Department has been instructed by the committee to bring in a report on ways and means of reducing our Federal debt.

In addition to extending the Treasury's borrowing authority this bill also contains certain important restrictions to the Second Liberty Loan Act, of an administrative character which were sponsored by the Republican members. Not the least of these improvements is the provision requiring inclusion of certain guaranteed and contingent liabilities of the United States within the debt limitation of $300,000,000,000. Again, through the efforts of the minority a necessary and vital restriction was placed on the power of the Treasury to sell odd lots of securities without publishing notices of sale.

The Republican members of the Ways and Means Committee, and of the Congress as a whole, realize full well that the credit risk of a nation is like that of an individual-it depends not only on the amount he owes, and his receipts, but also on his attitude toward payment of debt. The exigencies of war, as well as the necessity for protecting the national credit which vitally concerns those who are patriotically investing in War Savings bonds, compel us to acquiesce. We vote to increase the debt reluctantly because we are unable to prevent the continued shameful waste by the administration in public spending of all kinds.

Harold Knutson, Daniel A. Reed, Roy O. Woodruff,
Thomas A. Jenkins, Bertrand W. Gearhart, Frank
Carlson, Richard M. Simpson, Robert W. Kean,
Charles L. Gifford, Carl T. Curtis.

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79TH CONGRESS HOUSE OF REPRESENTATIVES 1st Session

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REPORT No. 249

AUTHORIZING THE EXPENSES OF CONDUCTING THE INVESTIGATION AUTHORIZED BY HOUSE RESOLUTION 93, SEVENTY-NINTH CONGRESS

MARCH 5, 1945.-Referred to the House Calendar and ordered to be printed

Mr. COCHRAN, from the Committee on Accounts, submitted the following

REPORT

[To accompany H. Res. 159]

The Committee on Accounts, to whom was referred the resolution (H. Res. 159) authorizing the expenses of conducting the investigation authorized by House Resolution 93, Seventy-ninth Congress, having considered the same, report favorably thereon without amendment and recommend that the resolution do pass.

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1st Session

No. 250

PROVIDING FUNDS FOR EXPENSES OF CONDUCTING THE INVESTIGATION AUTHORIZED BY HOUSE RESOLUTION 38 OF THE SEVENTY-EIGHTH CONGRESS AND CONTINUED BY HOUSE RESOLUTION 54 OF THE SEVENTY-NINTH CONGRESS

MARCH 5, 1945.-Referred to the House Calendar and ordered to be printed

Mr. COCHRAN, from the Committee on Accounts, submitted the following

REPORT

[To accompany H. Res. 160]

The Committee on Accounts, to whom was referred the resolution. (H. Res. 160) providing for the expenses of conducting the investigation authorized by House Resolution 38 of the Seventy-eighth Congress and continued by House Resolution 54 of the Seventy-ninth Congress, having considered the same, report favorably thereon without amendment and recommend that the resolution do pass.

O

79TH CONGRESS 1st Session

}

HOUSE OF REPRESENTATIVES

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REPORT No. 251

AUTHORIZING THE EXPENSES OF CONDUCTING THE INVESTIGATION AUTHORIZED BY HOUSE RESOLUTION 20, SEVENTY-NINTH CONGRESS

MARCH 5, 1945.-Referred to the House Calendar and ordered to be printed

Mr. COCHRAN, from the Committee on Accounts, submitted the following

REPORT

[To accompany H. Res. 161]

The Committee on Accounts, to which was referred the resolution (H. Res. 161) providing funds for expenses of conducting studies and investigations authorized by House Resolution 20, of the Seventyninth Congress, having considered the same, report favorably thereon ithout amendment and recommend that the resolution do pass

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1st Session

No. 252

AUTHORIZING THE NATURALIZATION OF FILIPINOS

MARCH 6, 1945.-Committed to the Committee of the Whole House on the state of the Union and ordered to be printed

Mr. DICKSTEIN, from the Committee on Immigration and Naturalization, submitted the following

REPORT

[To accompany H. R. 776]

The Committee on Immigration and Naturalization, to whom was referred the bill (H. R. 776) to authorize the naturalization of Filipinos, having considered the same, report favorably thereon without amendment and recommend that the bill do pass.

PURPOSE OF THE BILL

The purpose of the bill is to make racially eligible for naturalization Philippine persons or persons of Philippine descent.

GENERAL INFORMATION

Prior to the Seventy-eighth Congress the only persons (except for limited special classes such as ex-servicemen, etc.) racially eligible to naturalization were persons of the white or African black races or persons of races indigenous to the Western Hemisphere (meaning American Indians). On December 17, 1943, an act was approved making Chinese persons racially eligible for naturalization and granting such persons a small quota which, figured under the national origins principle of the 1924 Quota Act, amounts to 105 a year.

Filipinos have been nationals of the United States, but not citizens, since the acquisition of the Philippine Islands. They have a peculiar political status in that while being nationals of the United States, they are not citizens, and, of course, being nationals, they likewise were not aliens. Under section 8 of the Philippine Independence Act of 1934, they were declared to be aliens and were granted an annual quota of 60 for the interim period between the date of the act and the date independence becomes effective.

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