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April 15, 1932

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Headlines from April 15, 1932

MELLON EXPRESSES FAITH IN RECOVERY; Tells Pilgrims in London That United States Has Capacity to Deal With Conditions. DRINKS CHAMPAGNE TOASTS King Sends Welcome and the Prince Greets Him -- Simon Calls Him 'Valuable Import.' MELLON EXPRESSES FAITH IN RECOVERY

By Charles A. Selden.special Cable To the New York Times

Mellon, A W

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POLITICS FLARES UP IN TAX BILL FRAMING; Harrison and Mills Clash as Democrat Demands Specific Administration Measure. SECRETARY WILL "SHARE" But He Refuses to Be Sponsor of Legislation -- Many Protests at Senate Hearing. POLITICS FLARES UP IN TAX BILL FRAMING

By Special to THE NEW YORK TIMES

Mills, before Finance Com, explains administration's position; declines to sponsor any particular program but will share responsibility; spars with Sen Harrison; text of statement before Com; hearings continue

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MEYER OPTIMISTIC; URGES BANK REFORM AS SLUMP WEAPON; He Lists Gains Under Relief Plans -- 1,319 Banks Aided, Hoarding Checked. SEEKS A UNIFIED SYSTEM He Would Thus Curb Speculation by Natron-Wide Control Over Banks' Operations. PRICE PROPOSAL IS FOUGHT He Tells House Body That Reserve Board Is Already Doing All It Can for Commodities. MEYER OPTIMISTIC; URGES BANK REFORM

By Special to THE NEW YORK TIMES

E Meyer repts on number of banks aided by Joans

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ROOSEVELT REFUSES TO GO AS A DELEGATE; MAY VISIT CHICAGO; His Decision Is Followed by Move at Albany Parley to Keep Smith Off Delegation. AND JOHN W. DAVIS ALSO Curry Intervenes to Delay Choice of Slate Which Goes to State Committee Today. REPUBLICANS BACK HOOVER State Committee Re-elects Chairman Macy and Hears Fearon Make Speech on Economy. ROOSEVELT REFUSES TO GO AS DELEGATE

By W. A. Warn.special To the New York Times

Roosevelt says he will not be convention delegate

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HOOVER WINS POINT OVER A SINGLE BILL FOR ALL ECONOMIES; House Group Delays Action on Pay Slash as One Democrat Joins Republicans. VETERANS' SAVING PLANNED Gen. Hines Begins Work on Administration Suggestion to Pare Costs $80,000,000. McDUFFIE ASSAILS ROOP Lays Delays to Budget Director -- Committee Votes to Suspend Vocational Education Work. HOOVER WINS POINT ON ECONOMY BILL

By Special to THE NEW YORK TIMES

Begins preparation of administration plan to reduce hosp and compensation costs in U S Veterans' Administration; features of plan

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