Mr. BYRNS. Mr. Lefingwell appeared before the committee and made a statement, which is in the hearings. In it he advocated that all of the subtreasuries be retained. Mr. GOOD. You have stated that if you had a Federal reserve bank at Baltimore you could get along without the Subtreasury. From this report I observe that a branch Federal reserve bank is being established at Baltimore. Mr. LINTHICUM. They have been talking about establishing a branch Federal reserve bank at Baltimore for some time, but up to this time they have not done it. I presume they will do it in time, but that would not help very much, because even then the branch bank must do business with the bank at Richmond, and will be the same as any other bank doing business with it. We would not be doing a direct business, because this branch bank would have to report back to the trunk, and that would not help us much in that respect. Mr. GOOD. Still it would perform all of the functions of the Subtreasury, just the same as if the Federal reserve bank were there? Mr. LINTHICUM. I do not think that is the intention. Mr. GOOD. Why not? Mr. LINTHICUM. They would not carry the currency we want; they would not carry the small change, and they would not carry a deposit of $21,000,000 with which we do business now. You know, a Federal reserve bank does not do the same sort of business that a Subtreasury does, and I said last year that if you would provide a change in the law and let the Federal reserve banks assume the duties now performed by the Subtreasury in Baltimore, it would answer, and we could then do business with them in the same old way, but you have not enacted any such law. Mr. COADY. We are very much obliged to you for this hearing. THURSDAY, JANUARY 31, 1918. OFFICIAL STENOGRAPHER TO COMMITTEES. STATEMENT OF MR. M. R. BLUMENBERG. Mr. Chairman and gentlemen of the committee, that the work of reporting hearings before the committees of the House of Representatives has enormously increased is evidenced by the statement of Mr. Fitzgerald, at the time chairman of the Committee on Appropriations, which appears in the Congressional Record of January 21, 1913, as follows: It was not until 1890 that the committee had stenographic reports made of hearings conducted in the preparation of appropriation bills, and at that time they made in all 368 printed pages. During the first session of this Congress they make five large volumes containing 4,675 printed pages, This shows an increase of over 1,000 per cent up to 1913, since which time the increase has been even proportionately larger. Another illustration is to be found in the hearings before the Committee on Naval Affairs, where, during the year 1909-10, they con tained 600 pages and during the year 1916 they contained over 3,800 pages, more than 600 per cent increase. The hearings before the other committees of the House have increased correspondingly. With each increase in the membership of the House there has been a noticeable increase in the work of the committees, the entire tendency being to have more legislation perfected in the committee Capitol Building and Grounds: House wing, heating and ventilating.. Power plant, increase in pay of chief electrical engineer.. Superintendent's office.. Carr, Wilbur J., statement of. Carson, Nev., mint at. 36019-1872 1075 1073 1076 78 474 1137 Foreign and Domestic Commerce, Bureau of (see detailed index under 917 Horses and vehicles, maintenance of. 892 Lighthouses, Bureau of (see detailed index under this caption). 898 Navigation, Bureau of (see detailed index under this caption). 948 893 Promoting, in the Far East... Rent- Building, office.. Storage space. Secretary's Office.. Employees, additional.. Engineer and electrician, chief. General statement... Laborers.... Transfers to other bureaus. Work, increase in........... Small purchases, authority for.. Solicitor, Office for.... Standards, Bureau of (see detailed index under this caption). Steamboat-Inspection Service (see detailed index under this caption)............ Commercial attachés... Commissions. (See names of.) Comptroller of the Currency, Office of.. 893, 934 888 896 882 882 889 881 888 886 884 893 669 959 944 938, 1105 332 Additional employees.. 332, 341 |