HEARINGS

BEFORE THE

COMMITTEE ON BANKING AND CURRENCY

HOUSE OF REPRESENTATIVES

EIGHTIETH CONGRESS

SECOND SESSION

ON

S. 866

AN ACT TO ESTABLISH A NATIONAL HOUSING
OBJECTIVE AND THE POLICY TO BE FOLLOWED
IN THE ATTAINMENT THEREOF, TO FACILITATE
SUSTAINED PROGRESS IN THE ATTAINMENT OF
SUCH OBJECTIVE, AND FOR OTHER PURPOSES

Printed for the use of the Committee on Banking and Currency

UNITED STATES
GOVERNMENT PRINTINT OFFICE

WASHINGTON : 1948

75674

76 36751 XL3
09/92 53-005-00

376]

COMMITTEE ON BANKING AND CURRENCY

JESSE P. WOLCOTT, Michigan, Chairman RALPH A. GAMBLE, New York

BRENT SPENCE, Kentucky FREDERICK C. SMITH, Ohio

PAUL BROWN, Georgia JOHN C. KUNKEL, Pennsylvania

WRIGHT PATMAN, Texas HENRY O. TALLE, Iowa

A. S. MIKE MONRONEY, Oklahoma FRANK L. SUNDSTROM, New Jersey JOHN H. FOLGER, North Carolina ROLLA C. MCMILLEN, Illinois

BROOKS HAYS, Arkansas CLARENCE E. KILBURN, New York JOHN J. RILEY, South Carolina HOWARD H. BUFFETT, Nebraska

ALBERT RAINS, Alabama ALBERT M. COLE, Kansas

FRANK BUCHANAN, Pennsylvania MERLIN HULL, Wisconsin

HALE BOGGS, Louisiana WILLIAM G. STRATTON, Illinois

ABRAHAM J. MULTER, New York
HARDIE SCOTT, Pennsylvania
PARKE M. BANTA, Missouri
CHARLES K. FLETCHER, California
DONALD W. NICHOLSON, Massachusetts

WILLIAM J. HALLAHAN, Clerk
ORMAN S. FINK, Technical staff Director

II

CONTENTS

Page

S. 866 An act to establish a national housing objective and the policy to be

followed in the attainment thereof, to facilitate sustained progress in the

attainment of such objective, and for other purposes---

1

Statement of-

Alessandroni, Walter, chairman, national housing committee, American

Legion----

463

Bakewell, Hon. Claude I., a Representative in Congress from the
Eleventh District of Missouri --

691

Ballard, Frederick A., representing the Washington Housing Associa-

tion

579

Berry, Robert L., representing Disabled American Veterans_-

741

Bigelow, A. S., chairman, Massachusetts State Housing Board-

1106

Bland, R, P., Office of Legislation, Veterans' Administration..

427

Brannan, Hon. Charles F., Assistant Secretary of Agriculture_-

292

Brock, Milton J., president, National Association of Home Builders--- 1030

Brooks, Ralph A., secretary, the Five Boro Taxpayers' Defense of New

York City--

917

Camp, Ehney A., Jr., vice president and treasurer, Liberty National

Life Insurance Co---

1076

Carr, Edward R., realtor-builder, Washington, D. C---

927, 942

Clarke, Arthur, department commander, American Legion.

741

Colloms, Albert L., representing the National Wallace for President

Committee

614, 629

Coogan, Thomas, secretary, National Association of Home Builders--- 1045

Cook, Mrs. Stanley G., legislation chairman, National Congress of Par-

ents and Teachers---

608

Davis, William D., president, Farm Management Associates, Inc., and
past president, Institute of Farm Brokers..

965
Dobbs, Farrell, Presidential candidate, Socialist Workers Party---- 575, 1103
Edelman, John W., representing the Congress of Industrial Organi.
zations

1091

Edgecomb, Charles F., councilman, city of Detroit, Mich..

719

Edwards, George, president, Common Council of the City of Detroit-- 639

Egan, John Taylor, Commissioner of the Public Housing Adminis-

tration---

184, 345

Ellingson, Carl H., representing the National Savings and Loan League - 1081

Farrell, Thomas F., chairman, New York City Housing Authority---- 424

Foley, Raymond M., Administrator, Housing and Home Finance

Agency-

37

Foote, Hon. Ellsworth B., a Representative in Congress from the Third

District of Connecticut-

699

Fuller, George M., vice president, National Lumber Manufacturers

Association ----

992

Goodman, Leo, representing the Congress of Industrial Organizations-- 1091

Grant, Hon. Robert A., a Representative in Congress from the Third

District of Indiana..

921

Gwinn, Hon. Ralph W., a Representative in Congress from the Twenty-
seventh District of New York..

1048

Hand, Hon. T. Millet, a Representative in Congress from the Second

District of New Jersey -

925

Hart, Merwin K., president, National Economic Council, Inc., statement

entitled, “How Honest Is Public Housing".

1066

Holden, Thomas S., president, F. W. Dodge Corp., representing the

Commerce and Industry Association of New York, Inc---

889

927,

III