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(40 Stat. 1022) amends (40 Stat. 535, 40 Stat. 182): President may requisition, or otherwise acquire title.

(40 Stat. 1029): President may requisition, or otherwise take over.


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(H. R. 4949, 77th Cong.): Property of any kind or character, whether real or personal, tangible or intangible, or any part thereof, or any right therein.

(39 Stat. 731) : Any vesesl purchased, leased, or chartered from the United States Shipping Board.

(39 Stat. 1193): Any factory, or part thereof; or the output of any factory in whih ships or war materials are built.

(40 Stat. 182): Any contract for ships or materials, the output of any plant in which ships or materials are built. Any plant, factory, workshop, engine works, etc., or any part thereof, any ship, boat, or vessel, or any part thereof, or the charter of any such ship, or materials, stores, supplies, or equipment.

(40 Stat. 279): Foods, fuels, feeds, and other supplies necessary to the support of the Army and maintenance of the Navy or any other public use connected with common defense, storage, facilities, any factory, packing house, oil pipe line, mine, or other plant, or any part thereof.

(40 Stat. 282) : Distilled spirits for certain Government uses.

(40 Stat. 284) : Any plant, or business, and all appurtenances thereof, of any producer of or dealer in coal or coke.

(40 Stat. 438): Any improved land, or unimproved land, or any interest therein; any houses, or other buildings, fixtures, furnishings, and facilities incidental thereto, for use of employees of shipyards in which ships are being constructed for the United States.

(40 Stat. 535): Any street railroad, interurban railroad, or part thereof, wherever operated, cars, appurtenances, and franchises, or parts thereof, for the transfer and transportation of employees of shipyards or plants engaged or that may hereafter be engaged in the construction of ships or equipment therefor for the United States.

(40 Stat. 550): Land, houses, buildings, furnishings, improvements, local transportation, and other general community utilities, or parts thereof, for the purpose of providing housing, etc., for workers in arsenals, navy yards, and in industries connected with and essential to the national defense.

(40 Stat. 915): The use, or temporary possession of, vessels, any drydocks, wharves, loading or discharging terminal facilities, warehouses, equipment, or terminal railways connected therewith.

(40 Stat. 1009, 1010): Minerals, ores, metallurgical products, metals, alloys, chemical compounds, idle land, deposits, or mine, and any idle or partially operated smelter or plant or part thereof producing or capable of producing necessai therein de ned.

(40 Stat. 1022) : Land, or any interest therein, for the purpose of constructing and establishing or extending any shipbuilding plant

drydock, marine railway, pier, or facilities connected therewith.

(40 Stat. 1029): Lands, buildings, and their equipment for hospital facilities.




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(H. R. 4949, 77th Cong.): President may use, sell, or otherwise dispose of, either temporarily or permanently,

(39 Stat. 731): President may take possession, absolutely or temporarily, for any naval or military purpose.

(39 Stat. 1193): President may use, at such times and in such manner as he may consider necessary or expedient.

(40 Stat. 182, 183) : Same as (39 Stat. 1193).
(40 Stat. 279): President may sell, use, operate, dispose of, or return.
(40 Stat. 282): President may use for certain Government purposes.
(40 Stat. 284): President may operate through any agency.

(40 Stat. 438): President may construct, manage, repair, sell, lease, or ex. change.

(40 Stat. 535) amends (40 Stat. 183): President may use property as he «considers necessary.

(40 Stat. 550): President, through any agency created or designated, may equip, manage, maintain, alter, rent, lease, exchange, sell, and convey. (40 Stat. 913, 915): President through any agency may operate, or manage.

(40 Stat. 1010): President may, through such officer or agency he creates or designates, use, distribute, allocate, sell, develop, store, and operate, in any manner, may return to owner.

(40 stat. 1022): President may use for constructing, establishing, or textending any shipbuilding plant.

(40 Stat. 1029) : President may use for purpose of providing hospital facilities

V. COMPENSATION (H. R. 4949, 77th Cong.): Compensation to be fixed by President and to be fair and just.

(39 Stat. 731): Compensation to be fixed by appraisers and to be fair actual value based upon normal conditions.

(39 Stat. 1193): Compensation to be fixed by President and to be “just compensation."

(40 Stat. 182, 183): Substantially same provision as (39 Stat. 1193).
(40 Stat. 279): Substantially same provision as (39 Stat. 1193).
(40 Stat. 282): Substantially same provision as (39 Stat. 1193).

(40 Stat. 284) : Substantially same provision as (39 Stat. 1193) except President may cause compensation to be fixed by Federal Trade Commission.

(40 Stat. 438): United States Shipping board Emergency Fleet Corporation to fix just compensation.

(40 Stat. 535) : Substantially same provision as (39 Stat. 1193).
(40 Stat. 550): Substantially same provision as (39 Stat. 1193).
(40 Stat. 915): Substantially same provision as (39 Stat. 1193).
(40 Stat. 1010): Substantially same provision as (39 Stat. 1193).
(40 Stat. 1022) : Just compensation to be fixed by President.
(40 Stat. 1029) : Substantially same provision as (39 Stat. 1193).


(H. R. 4949, 77th Cong.): Owner shall be paid 75 percent of amount fixed and may sue in Court of Claims or United States district court for balance.

(39 Stat. 731): Fair value determined by appraisers, final and binding on both parties.

(39 Stat. 1193) : Substantially same provision as (H. R. 4949) except 50 percent of amount shall be paid instead of 75 percent.

(40 Stat. 182) : Substantially same provision as (H. R. 4949).
(40 Stat. 279): Substantially same provision as (H. R. 4949).
(40 Stat. 282): Substantially same provision as (H. R. 4949).
(40 Stat. 284): Substantially same provision as (H. R. 4949).
(40 Stat. 438): Substantially same provision as (H. R. 4949).
(40 Stat. 535): Substantially same provision as (H. R. 4949).
(40 Stat. 550): Substantially same provision as (H. R. 4949).
(40 Stat. 915) : Substantially same provision as (H. R. 4949).
(40 Stat. 1010): Substantially same provision as (H. R. 4949).
(40 Stat. 1022): Substantially same provision as (H. R. 4949).
(40 Stat. 1029): Substantially same provision as (H. R. 4949).


(H. R. 4949, 77th Cong.): Revolving fund created for 2 fiscal years.
(39 Stat. 731): No revolving fund.
(39) Stat. 1193): No revolving fund.
(40 Stat. 182): Limited revolving fund.

(40 Stat. 279): President may use any moneys received as revolving fundno time limit.

(40 Stat. 282): No revolving fund.
(40 Stat. 284, 285): Revolving fund created-no time limit.
(40 Stat. 438): No revolving fund.
(40 Stat. 535): No revolving fund.
(40 Stat. 550): No revolving fund.

(40 Stat. 915, 916): Net proceeds from certain activities may be expended by President in carrying out provisions of act.

(40 Stat. 1010): Creates revolving fund-no time limit.
(40 Stat. 1022): No revolving fund.
(40 Stat. 1029): No revolving fund.


(H. R. 4949, 77th Cong.): President may promulgate rules and regulations. (39 Stat. 729, 731): Board may make rules and regulations. (39 Stat. 1193): No such provision. (40 Stat. 182, 183) : “as the President may direct." (40 Stat. 279): President to prescribe regulations as he may deem essential. (40 Stat. 276, 282) : Substantially same provision as (H. R. 494). (40 Stat. 276, 284): Same provision as (40 Stat. 282). (40 Stat. 438): No such provision. (40 Stat. 535): No such provison. (40 Stat. 550): No such provision. (40 Stat. 915): Substantially same provision as (H. R. 4949). (40 Stat. 1010): Substantially same provision as (H. R. 4949). (40 Stat. 1022): No such provision. (40 Stat. 1029): No such provision.

The CHAIRMAN. The committee will now take a recess until tomorrow morning.

(Whereupon, at 11:45 a. m., a recess was taken until the next day, Tuesday, July 1, 1941, at 11 a. m.)




Washington, D. C. The committee convened at 11 a. m., Senator Robert R. Reynolds, chairman of the committee, presiding:

The CHAIRMAN. The committee will come to order. Mrs. Curtis, I feel very apologetic that there are not more members of this committee present this morning. The lack of Senators here is due to the fact that this committee has a subcommittee that is studying important minerals in relation to national defense, and the members of the Military Affairs Committee who are in the city at the present time are in attendance on that subcommittee.

I might state in addition to that that a great number of the members of this committee are out of the city on official business.

We are very happy indeed to have you here. We have convened this morning for the purpose of providing you with an opportunity to make a statement in reference to this bill which we have under consideration at the present time, in view of the fact that you hold a very important position as head of one of the largest patriotic organizations in America.

In relation to Mr. Shakespeare, concerning whom you talked to me, I might add that I had a telegram from him this morning advising that unfortunately it would be impossible for him to attend in view of the fact that he was unavoidably delayed in Detroit, Mich., where he is interested in some defense matters. On receiving his telegram I advised him that you were appearing this morning, in view of the understanding that he was to appear with you at this time; and I wired him to the effect that if he would prepare a statement of his position and would mail it here to Colonel Watts, secretary of the committee, by air mail, we would be very glad to have it printed as a part of the record.

Now, if you will be good enough to provide the official reporter with your name, business address, the name of your organization, and your official capacity, we will be glad to have your statement. STATEMENT OF MRS. CATHRINE CURTIS, NEW YORK CITY,

REPRESENTING WOMEN INVESTORS IN AMERICA, INC. Mrs. CURTIS. Thank you very much, Senator Reynolds.

I realize how very busy you and the other members of the committee are at this particular time. I appreciate the opportunity to come before you.

I do know that Mr. Monroe Shakespeare tried to get here this morning; but when his official business was concluded he was unable to get plane transportation to fly in.

Mr. Tiffany, of the Small Businessmen's Association, talked with me in New York on the phone last night. At that time he intended to be here. But apparently he was unable to make it.

Mr. Chairman, members of the Military Affairs Committee, I am speaking to you today in protest of S. 1579, often referred to as the "property seizure bill."

I am here representing Women Investors in America, Inc., which is an educational non-profit-making membership organization of women formed in 1935 for the primary purpose of bringing financial education to women, defending and protecting women's property rights, and the capitalistic system, of which these rights are a basic and integral part. We do not give investment counsel.

I also represent the Women's National Committee to Keep U. S. Out of War, which is a revival of the Women's Committee for Hands Off the Supreme Court, formed in 1937, through which millions of women throughout the country, voiced their views in opposition to that important issue then before the American people.

I also speak for a number of mothers' and women's groups whose antiwar and pro-United States activities are coordinated under our direction.

All of these organizations wish to see preserved our constitutional form of government and the Republic which created it.

All of these organizations and the millions of women in this membership are definitely opposed to foreign-war involvement, as evidenced by the recent direct-mail poll taken by us 2 months ago, which showed 94.9 percent of the people opposed to this country entering the foreign war.

Partly because of the high-pressure propaganda campaign for war involvement, partly because of the urgency of our national defense, and also because of our own problems of living, we seem to have forgotten that this country and its people have prospered because of our system of individual initiative, private property ownership, and management, all of which combined have given us the greatest industrial economy in the world.

Our national program has always been one of wealth-producing endeavor. We differ from Old World nations whose economy is based on military activity and operations; that is, a military economy devoted to wealth-destroying activity.

The bill before this committee has allegedly been introduced in the interest of national defense. But women know that the cornerstone of a national-defense program of any country is the morale of its people, their confidence in its government, and their love of their own country. No defense program can be successful without these vital essentials.

For the last several months much of my time has been spent traveling in various parts of the country from the Atlantic to the Pacific coasts. I have talked to men and women in all walks of life. The morale of our people is not what it should be; neither is their confidence in the Government. Their love of country-well, that love is there in millions of hearts; but what a sinister program is

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