Federal land bank shall be notified of said default. Said association may thereupon be required, within thirty days after such notice, to make good such default, either by payment of the amount unpaid thereon in cash or by the substitution of an equal amount of Federal farm loan bonds, with all unmatured coupons attached. Each Federal land bank is authorized, when in the judgment of the directors conditions justify it, to extend, in whole or in part, any installment or installments upon any mortgage that may be unpaid, and to accept payment of such unpaid installment or installments during a period of five years or less thereafter, to be paid in equal amounts in addition to the regular installments to become due during such period. Sec. 5. The Federal Farm Loan Board is authorized to make such rules and regulations, not inconsistent with law, as it deems necessary or requisite for the efficient execution of the provisions of the Federal farm loan act, as amended (U. S. C., title 12, ch. 7). DECLARING DECEMBER 26, 1931, AND JANUARY 2, 1932, TO BE LEGAL HOLIDAYS IN THE DISTRICT OF COLUMBIA DECEMBER 21, 1931.-Committed to the Committee of the Whole House on the state of the Union and ordered to be printed Mr. PALMISANO, from the Committee on the District of Columbia, submitted the following REPORT [To accompany S. 655] The Committee on the District of Columbia, to whom was referred the bill (S. 655) declaring December 26, 1931, to be a legal holiday in the District of Columbia, having considered the same, reports favorably thereon and recommends that the bill, as passed by the Senate on December 18, 1931, do pass. The report of the Committee on the District of Columbia of the United States Senate is hereto appended and made a part of this report. [Senate Report No. 7, Seventy-second Congress, first session] PURPOSE OF THE BILL The object of this bill is stated in the title as amended. Christmas Day, 1931, and New Year's Day, 1932, each fall on Friday. On the days following these holidays, the committee is advised that practically all of the governmental and commercial activities of the District will be suspended. These days, moreover, being Saturdays, are legal half holidays for Government departments and banks. It is doubted, however, that banking houses will be protected against all eventualities should they remain closed all day on these two Saturdays without sanction of law. The bill also safeguards the per diem employees of the Federal and District Governments against loss of pay for these days, should they be deemed holidays without legal provision. The bill has been amended to accomplish this purpose. There is ample precedent for legislation of this nature. The Sixty-ninth Congress passed such a bill in 1925, when Christmas Day fell on Friday. That bill did not include the following January 2, also a Saturday, because Saturdays were not at that time legal half-holidays for Government workers. In the Seventy-first Congress, a joint resolution was approved, declaring July 5, 1930, a legal holiday, under like circumstances. The District Commissioners have reported favorably on this bill as amended. Indorsements have been received from the Washington (D. C.) Clearing House Association and the Hillcrest Citizens' Association. These documents are appended as part of this report. Hon. ARTHUR CAPPER, COMMISSIONERS OF THE DISTRICT OF COLUMBIA, Chairman Committee on the District of Columbia, United States Senate, Washington, D. C. SIR: The Commissioners of the District of Columbia have the honor to submit the following on Senate bill 655, Seventy-second Congress, first session, entitled, "A bill declaring December 26, 1931, to be a legal holiday in the District of Columbia," which you referred to them for report as to the merits of the bill and the propriety of its passage. The commissioners recommend that the bill be amended by inserting after the year "1931" the following: "and January 2, 1932"; that the word "holiday' in line 3 be amended to read "holidays"; and that there be added at the end of the bill the following proviso: "Provided, That all employees of the United States Government in the District of Columbia and all employees of the District of Columbia shall be entitled to pay for said holidays the same as on other days." With the above amendments, the Commissioners recommend favorable action on the bill. Very truly yours, L. H. REICHELDERFER, President Board of Commissioners of the District of Columbia. Hon. HENRY L. ASHURST, HILLCREST CITIZENS ASSOCIATION, Senate Office Building, Washington, D. C. DEAR SENATOR ASHURST: At the regular meeting of the Hillcrest Citizens Association held Monday, December 14, 1931, a resolution was passed indorsing your bill making the 26th of December this year a legal holiday. Yours very truly, ALBERT H. SELLMAN, Secretary. THE WASHINGTON, D. C., CLEARING HOUSE ASSOCIATION, December 25, 1931, and January 1, 1932, are legal holidays in the District of Columbia for all purposes. Saturday, December 26, 1931, and Saturday, January 2, 1932, are legal holidays after the hour of 12 o'clock noon so far as the transaction of banking business is concerned. We are advised that the Treasury Department will be closed for business on December 26, 1931, and January 2, 1932. As these two days-December 26, 1931, and January 2, 1932, are-succeeded by Sundays, which are legal holidays for all purposes; therefore be it Resolved, That the Washington, D. C., Clearing House Association petition the Congress of the United States to enact legislation necessary to make Saturday, December 26, 1931, and Saturday, January 2, 1932, legal holidays in the District of Columbia for all purposes. Resolved, That a copy of this resolution be sent to the chairman of the Committee on the District of Columbia in the Senate of the United States and another copy be sent to the chairman of the Committee on the District of Columbia in the House of Representatives. The foregoing is a true copy of a resolution adopted by the Washington, D. C., Clearing House Association, Monday, December 14, 1931. о V. B. DEYBER, Secretary. 1st Session No. 15 FIRST DEFICIENCY APPROPRIATION BILL, FISCAL YEAR 1932 JANUARY 4, 1932.—Committed to the Committee of the Whole House on the state of the Union and ordered to be printed Mr. BYRNS, from the Committee on Appropriations, submitted the following REPORT [To accompany H. R. 6660] The Committee on Appropriations in presenting the accompanying bill making appropriations to supply urgent deficienies in certain appropriations for the fiscal year ending June 30, 1932, and prior fiscal years, to provide supplemental appropriations for the fiscal year ending June 30, 1932, and for other purposes, submit the following report thereon: The estimates upon which this bill is based were submitted in House Documents Nos. 169, 173, 174, 175, 176, 177, 178, 179, and of the present session, aggregating in all $139,330,162.75. The amount recommended to be appropriated in the bill is $125,886,262.75, which sum is $13,443,900 less than the Budget estimates. While the amount of the bill in the aggregate is $125,886,262.75, that sum is comprised largely of the following items: Federal-aid highways.. Public building construction.. Public buildings, rent, architects, inspectors.. Veterans' Administration___ Fighting fires in national forests.. Railway Mail Service, shorter work week. Judgments and authorized claims_ Remodeling the old House Office Building. $50, 000, 000 17, 000, 000 1, 206, 000 46, 872, 975 4, 260, 000 1, 500, 000 1, 154, 575 760, 000 400, 000 475,000 2,257, 713 The largest single appropriation in the bill is the amount of $50,000,000 for Federal-aid highways. The estimated payment to the States for the fiscal year 1932 on the Federal-aid program calls for an aggregate not to exceed $160,000,000. The cash balance as of July 1 last was $100,000,000, leaving a maximum estimated additional |