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A BILL TO ESTABLISH A NATIONAL HOUSING OBJECTIVE AND THE
POLICY TO BE FOLLOWED IN THE ATTAINMENT THEREOF, TO PRO-
VIDE FEDERAL AID TO ASSIST SLUM-CLEARANCE PROJECTS AND
LOW-RENT PUBLIC HOUSING PROJECTS INITIATED BY LOCAL
AGENCIES, TO PROVIDE FOR FINANCIAL ASSISTANCE BY THE
SECRETARY OF AGRICULTURE FOR FARM HOUSING,

AND FOR OTHER PURPOSES

APRIL 7, 8, 11, 12, 25, 26, 27, 28, MAY 2, 3, 4, 5, 6, AND 9, 1949

Printed for the use of the Committee on Banking and Currency

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BEFORE THE

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HEARINGS
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House,
COMMITTEE ON BANKING AND CURRENCY

HOUSE OF REPRESENTATIVES

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EIGHTY-FIRST CONGRESS

FIRST SESSION

ON

H. R. 4009

A BILL TO ESTABLISH A NATIONAL HOUSING OBJECTIVE AND THE
POLICY TO BE FOLLOWED IN THE ATTAINMENT THEREOF, TO PRO-
VIDE FEDERAL AID TO ASSIST SLUM-CLEARANCE PROJECTS AND
LOW-RENT PUBLIC HOUSING PROJECTS INITIATED BY LOCAL
AGENCIES, TO PROVIDE FOR FINANCIAL ASSISTANCE BY THE
SECRETARY OF AGRICULTURE FOR FARM HOUSING,

AND FOR OTHER PURPOSES

APRIL 7, 8, 11, 12, 25, 26, 27, 28, MAY 2, 3, 4, 5, 6, AND 9, 1949

Printed for the use of the Committee on Banking and Currency

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BRENT SPENCE, Kentucky, Chairman PAUL BROWN, Georgia

JESSE P. WOLCOTT, Michigan WRIGHT PATMAN, Texas

RALPH A. GAMBLE, New York A. S. MIKE MONRONEY, Oklahoma

FREDERICK C. SMITH, Ohio BROOKS HAYS, Arkansas

JOHN C. KUNKEL, Pennsylvania ALBERT RAINS, Alabama

HENRY 0. TALLE, Iowa FRANK BUCHANAN, Pennsylvania

ROLLA C. MCMILLEN, Illinois ABRAHAM J. MULTER, New York

CLARENCE E. KILBURN, New York CHARLES B. DEANE, North Carolina

ALBERT M. COLE, Kansas GEORGE D. O'BRIEN, Michigan

MERLIN HULL, Wisconsin CHASE GOING WOODHOUSE, Connecticut HARDIE SCOTT, Pennsylvania CLINTON D. MCKINNON, California

DONALD W. NICHOLSON, Massachusetts
HUGH J. ADDONIZIO, New Jersey
ISIDORE DOLLINGER, New York
HUGH B. MITCHELL, Washington
BARRATT O'HARA, Illinois

WILLIAM J. HALLAHAN, Clerk
ORMAN S. FINK, Professional Staff
JOHN E. BARRIERE, Professional Staj

II

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Pago

H. R. 4009. A bill to establish a national housing objective and the policy to

be followed in the attainment thereof, to provide Federal aid to assist

slum-clearance projects and low-rent public housing projects initiated

by local agencies, to provide for financial assistance by the Secretary

of Agriculture for farm housing, and for other purposes.-

1

Statement of -

Alden, William, representing the National Association of Security

Dealers

371

Aronson, Arthur J., chairman, national housing committee, Jewish

War Veterans of the United States.

158

Barger, Harry S., representing the National Economic Council, Inc.-

514
Bodtish, Morton, chairman, executive committee, United States Sav-
ings and Loan League---

413
Bourne, James P., president, Louisville and Jefferson County Property
Owners Association.

362

Brown, Edgar G., director, National Negro Council.

235

('ain, Hon. Harry P., A United States Senator from the State of

Washington.-

613

Campbell, Howard V., Solicitor's Office, Department of Agriculture - 190

Carlisle, Russell A., representing Paralymed War Veterans of America 164

Carter, Jack, national housing officer, Veterans of Foreign Wars---- 129

Chatters, Carl H., executive director, American Municipal Association. 673

Clorety, Joseph A., Jr., national vice chairman, American Veterans

Committee

153

Cox, Lawrence M., president, National Association of Housing Offi-

cials, and executive director, Norfolk Redevelopment and Housing

Authority---

275

Cunningham, S. K., representing S. K. Cunningham & Co., Inc.,

Pittsburgh, Pa--

390

D'Alesandro, Hon. Thomas, Jr., mayor of Baltimore, Md., and chair-
man, standing committee on legislation -

528
D'Ewart, Hon. Wesley A., a Representative in Congress from the State
of Montana.

663
Davis, William D., president, Farm Management Associates, Inc.,
Kansas City, Mo..

589

Edelman, John W., Washington representative, Textile Workers Union

of America, CIOS-

263

Egan, John Taylor, Public Housing Commissioner.

23, 56, 111
Farrell, Gen. Thomas F., chairman, New York Housing Authority,

representing the mayor of New York City--
Foley, Raymond M., Housing and Home Finance Administrator ---- 23, 37,

111, 690
American Veterans.

156

Fuller, George M., vice president, National Lumber Manufacturers

Association.

506

Gerholz, Robert P., chairman, realtor's Washington committee of the

National Association of Real Estate Boards..

582

Giesecke, Bertram E., chairman, national housing committee, the

American Legion.-

123

Gillespie, John J., chairman, United Veterans Council Housing Com-

mittee

166

Goodman, Leo, director, CIO Committee on Housing

263
Graham, Thomas A., representing the National Security Traders As-
sociation

373

Gray, Richard J., president, building and construction trades depart-

ment, American Federation of Labor.--

245

521

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