HEARINGS

BEFORE THE

COMMITTEE ON BANKING AND CURRENCY

UNITED STATES SENATE

EIGHTY-THIRD CONGRESS

SECOND SESSION

ON

S. 2889, S. 2938, and S. 2949

BILLS TO EXPAND AND EXTEND TITLE III, SERVICEMEN'S
READJUSTMENT ACT OF 1944, NATIONAL HOUSING

ACT, AND HOUSING ACT OF 1949

PART 1

MARCH 9, 10, 11, 12, 15, 16, 17, 18, 19, 22, 23, 24, 25,

AND APRIL 14, 1954

Printed for the use of the Committee on Banking and Currency

scapes

HRP 17554

CONTENTS

S. 2889.

S. 2938_.

Amendment, Senator Maybank..

S. 2949_

Statement of—

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

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

sel, Federal National Mortgage Association.

Page

2

3

38, 298

33

753

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

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

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. O. 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...

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

North Carolina_.

957

675

301

37, 81, 213

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

Downer, Adin M., assistant legislative officer, Veterans of Foreign

Wars of the United States___

401

395

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...

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

American Veterans.

155

683

Goldman, Arthur Sworn, construction economist.
Gordon, Milton, mortgage consultant, Beverly Hills, Calif... –
Grantham, B. E., first vice president, National Institute of Farm
Brokers, National Association of Real Estate Boards...

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

Held, Harry, National Association of Mutual Savings Banks_

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

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-.

Tartı