A BILL TO AMEND THE NATIONAL HOUSING ACT,

AS AMENDED, AND FOR OTHER PURPOSES

JULY 26, 27, 28, AND 29, 1949

Printed for the use of the Committee on Banking and Currency

HEARINGS

BEFORE A

Congres SUBCOMMITTEE OF THE
COMMITTEE ON BANKING AND CURRENCY,
UNITED STATES SENATE

EIGHTY-FIRST CONGRESS

FIRST SESSION

ON

S. 2246

A BILL TO AMEND THE NATIONAL HOUSING ACT,

AS AMENDED, AND FOR OTHER PURPOSES

JULY 26, 27, 28, AND 29, 1949

Printed for the use of the Committee on Banking and Currency

CONTENTS

Page 130-

S. 2246.

Statement of—

Adams, Dr. Arthur S., president, University of New Hampshire_-_

Allessandroni, Walter E., national vice commander, American Legion..

Atkinson, W. P., vice president, National Association of Home Builders__

Brown, Dr. F. J., secretary, American Council on Education; Dr.

Frank Poole, president, Clemson College; and Dr. Arthur S. Adams,

president, University of New Hampshire_-

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

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

Committee__

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

of America, CIO.

1

184

213

279

184

213

213

304

Ferguson, Abner H., Washington counsel, United States Savings and

Loan League__

107

Foley, Raymond M., Administrator, Housing and Home Finance

Agency and B. T. Fitzpatrick, general counsel.

Foster, Charles, Disabled American Veterans..

Fritz, Edward C., Dallas, Tex..

47, 369

213

199

Giesecke, Bertram E., chairman, national housing committee, Ameri-

can Legion..

213

Green, William, president, American Federation of Labor.

Goodman, Leo, director, national housing committee, CIO.

Held, Harry, vice president, Bowery Savings Bank, New York..

Henderson, Elmer W., director, American Council on Human Rights.

Henle, Peter, secretary, housing committee, American Federation of

Labor..

165

304

253

151

168

Holifield, Chet, a Representative in Congress from the State of Cali-
fornia...

28

Javits, Jacob K., a Representative in Congress from the State of New

York...

161

Kefauver, Estes, a United States Senator from the State of Tennessee-

King, Joseph, National Retail Dealers' Association _ -

248

143

Kreutz, Oscar R., executive manager, National Savings and Loan

League..

250

Krooth, David L., National Housing Conference and Lee Johnson,
executive vice president, National Housing Conference--

Lockwood, Rodney M., president, National Association of Home

Builders...

343

275

Neel, Samuel E., counsel, Mortgage Bankers Association of America 131, 207

O'Leary, James J., Life Insurance Association of America...

Poole, Dr. Frank, president, Clemson College, Clemson, S. C..

Poston, Robert P., associate legislative director, American Legion.

Reckman, William A., chairman, subcommittee on mortgage financing

and urban housing, American Bankers Association___

Richards, Franklin D., commissioner, Federal Housing Administra-

116

184

tion; Clyde L. Powell, assistant commissioner in charge of rent
housing; Burton C. Bovard, general counsel; Mrs. Shirley K. Hart,
director, Division of Research and Statistics

213

268

434

Rightley, A. J., president, National Cooperative Housing Association_

Thompson, Wayne, city manager, Richmond, Calif

324

198

Woollen, Evans, Jr., president, American Bankers Association, Indian-

apolis, Ind..

263

Letters, statements, telegrams, etc., submitted for the record by—

Allessandroni, Walter E., national vice commander, American Legion:

Statement.

215

American Legion, national legislative commission, Robert R. Poston,
associate director: Letter on title IV of S. 2246_.

469

American Municipal Association, Donoh W. Hanks, assistant director,

Washington, D. C.: Letter to Senator Sparkman

Andreas, Henry J., president, Audubon Mutual Housing Corp. and

Richard Leon, president, Bellmawr Park Mutual Housing Corp.:

Statement--

337

382

III