Congress. deeply involved last
Spring iri a retirement fight which
finally resulted in a compromise meas
ure—the present law, which has been
referred to as the administration law
—did not write irtto it any provision
for contributions from the Treasury to
augment the fund, and deferred the
day when the Treasury may be obliged
to pay part of the amounts paid to
retired employes. The present law
came into being after President Cool
idge had let it be knowm that he did
not favor the $1,200 annuity provided
tit the identical Stanfield and Lehl
haeh bills. It was a compromise
measure, drawn tin at the Budget
(Continued on Fourth Page.!
r
Society News
y _
For Farm and Factory and'Home
J
Program Would Be a Boon
in Years Ahead.
Politics and Selfish Interests
Would Need Be Barred
to Realize Plan.
wheat 1.000 miles upon lake and ocean steamers, for S2O to S3O.
on modern barges for S6O to S7O, as against $l5O to S2OO by rail.
There will be urgent demand for more and more hydroelectric
power as the sure base of our great interconnected power systems.
“All this has brought us to the threshold of a new era in
utilization of these various resources of water where we must
broaden our foresight and determine great policies and program>.
