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4. S. Congress. House.

HEARINGS

BEFORE THE

COMMITTEE ON BANKING AND CURRENCY. HOUSE OF REPRESENTATIVES

EIGHTY-FOURTH CONGRESS

FIRST SESSION

ON

H. R. 5827

(SUPERSEDED BY S. 2126)

63137

MAY 23, 24, 25, 26; June 2, 3, 6, 7, 8, 9, and 10, 1955

Printed for the use of the Committee on Banking and Currency

UNITED STATES
GOVERNMENT PRINTING OFFICE

WASHINGTON: 1955

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R.V.S.away

CONTENTS

123

Pago

H. R. 5827. A bill to extend and clarify laws relating to the provision and

improvement of housing, the elimination and prevention of slums, and

the conservation and development of urban communities ..

1

Statement of -

American Association of Social Workers.

617

Anderson, Dr. Hurst R., president, American University, representing

American Council of Education and the Association of American

Colleges.-

278

Baldwin, Hon. John F., a Representative in Congress from the State

of California.

580

Bartlett, Hon. E. L., a Delegate to United States Congress from the
Territory of Alaska..

626
Bennett, Hon. Charles E., a Representative in Congress from the
State of Florida.--'s

612

Bubb, Henry A., chairman, legislative committee, United States

Savings & Loan League.

199

Buchanan, Hon. Vera, a Representative in Congress from the State of

Pennsylvania..

608

Campbell, Wallace J., director, Washington office, Cooperative League

of the United States of America...

251

Clark, Hon. Joseph S., Jr., mayor, city of Philadelphia, Pa-

149

Colburn, Fern M., secretary, Social Education and Action Committee,

National Federation of Settlements and Neighborhood Centers,

New York, N. Y.

618

Cole, Hon. Albert M., Administrator, Housing and Home Finance

Agency, accompanied by Norman F. Mason, Commissioner, Federal

Housing Administration...

5, 67

Du Laurence Henry, chairman, legislative committee, National

Apartment Owners Association, Inc.-

527

Evans, John, chairman, Aeronautics Committee, American Legion.. 146

Fischer, Ben, director, CIO Housing Committee..

564, 565

Fleischut, Gerrard P., representing Mobile Homes Dealers National

Association.

247

Floete, Hon. Franklin G., Assistant Secretary of Defense for Property

and Installations...

115, 541

Friedel, Hon. Samuel N., a Representative in Congress from the State
of Maryland -

613
Garmatz, Hon. Edward A., a Representative in Congress from the
State of Maryland--

614
Hadley, Eleanor M., Washington representative, American Associa-
tion of Social Workers.-

352

Heitmann, Fred W., Jr., vice president, Northwest National Bank

of Chicago.----

263

Hoffmann, Frank N., chairman, housing subcommittee of the legis-

lative committee of the CIO.

564

Houser, Mrs. Jency Price, representing housing designed for perma-
nent occupancy by single persons.

355

Investment Bankers Association of America, municipal securities

committee.

298

Jones, Hon. Robert E., a representative in Congress from the State

of Alabama

590

Kaul, Ralph, representing the Trailer Coach Association

243

Leader, Governor George M., State of Pennsylvania --

151

Lovre, Hon. Harold 0., a Representative in Congress from the State

of South Dakota.

611

Lucas, Hon. Scott W., representing the Mobile Homes Manufac-
turers Association

217
McAllister, Walter W., Chairman, Home Loan Bank Board..

68

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Statement of—Continued

Mead, Hon. Donald H., mayor, city of Syracuse, N. Y., representing

the American Municipal Association.

192

Miller, Hon. George P., a Representative in Congress from the State
of California

579

Mills, Walter B., Jr., president, National Association of Housing

and Redevelopment Officials.

303

Mitchell, Clarence, director, Washington bureau, National Association
for the Advancement of Colored People.---

546
Morrison, W. Franklin, representing National Savings and Loan

League accompanied by Harold D. Braman, executive manager... 367

Moses, Robert, chairman, committee on slum clearance, city of

New York.

348

Murdock, Dana, representing the city of Richmond, Calif_

586

Nichols, C. N., managing director, NERSICA, Inc., New York,

N. Y..

291

Northup, H. R., executive vice president, National Retail Lumber

Dealers Association.

351

O'Grady, Rt. Rev. Msgr. John, secretary, National Conference of
Catholic Charities -

335

O'Hara, Hon. Barratt, a Representative in Congress from the State of

Illinois

599

Olson, C. H., assistant legislative director, American Legion.

145

Packard, Arthur J., president, Packard Hotels Co., Mount Vernon,

Ohio.--

450

Robbins, Ira S., president, National Housing Conference, Inc., ac-
companied by Dr. William L. C. Wheaton..

321

Rouse, James W., president, James W. Rouse & Co., Baltimore, Md.,

accompanied by Samuel Neal, counsel.

438

Scott, Kenneth L., Director, Agriculture Credit Service, accompanied

by R. B. McLeaish, Administrator, Farmers Home Administration. 126

Scott, Robert E., representing The Chamber of Commerce of the

United States

456

Seidman, Bert, acting secretary, housing committee, American Fed-
eration of Labor..

183

Slusser, Charles E., Public Housing Commissioner...

49

Smith, Earl W., president, National Association of Home Builders,

accompanied by George Goodyear and Herbert Coulton.--

494

Sorrell, W. Byron, Mobile Homes Dealers National Association. 247

Spiczak, George, vice president, Home Savings & Loan Association.. 264

Staal, Ben J., treasurer, Holland Furnace Co., Holland, Mich.

287

Vanik, Hon. Charles A., a Representative in Congress from the State

of Ohio..

607

Viner, Arthur, executive director, Voluntary Home Mortgage Credit. 101

Westland, Hon. Jack, a Representative in Congress from the State of

Washington.-

609

Wilcox, Arthur P., chairman, Realtors Washington committee, Na-

tional Association of Real Estate Boards, accompanied by John C.
Williamson

375, 415
Wilson, Ed, secretary, Mobile Homes Manufacturers Association..-- 220
Additional data submitted to the committee by-
American Federation of Labor:

Resolution on housing, adopted at 73d convention, Los Angeles,
Calif., 1954..

189

American Municipal Association:

Appendix A. Proposed amendment to section 221 (a) of the

National Housing Act of 1949, as amended..

195

Appendix B. Section 110 (c) of the Housing Act of 1949, as

amended...

195

Appendix C. Proposed amendments to sections 220 and 221 of

the National Housing Act increasing mortgage insurance limits

for nonprofit corporations to 100 percent of value of cost.--. 195

Bell, Hon. John J. (telegrams):

C. N. Burt Co., Dallas, Tex...

622

Central Investment Co., Dallas, Tex...

623

College and University Finance Associates, San Antonio, Tex.

623

Columbian Securities Corp., Dallas, Tex...

623

Additional data submitted to the committee by-Continued

Paga
Bell, Hon. John J. (telegrams)-Continued
Dallas Rupe & Son, Inc., investment bankers, Dallas, Tex...

625
Dittmar & Co., investment bankers, Dallas, Tex.

624
Dittmar & Co., San Antonio, Tex..

626
Hagberg, M. A., Dallas, Tex...

626
Henry-Seay & Co., Dallas, Tex..

625
James C. Tucker & Co., investment bankers, Austin, Tex..

624
Judson S. James & Co., Dallas, Tex.--

626
Keith-Reed & Co., Inc., Dallas, Tex.

626
Knickerbocker, W. E., and others, Houston, Tex..

623
Kocurek, Louis J., San Antonio, Tex.-

624
Moore, Wilmer L., and J. Ervin Shilg, Dallas, Tex.

624
Pierce, Chas. C., Dallas, Tex.--

623
Shelton, Lockett, vice president, Republican National Bank,
Dallas, Tex.

625
Smallwood, Wm. P., First Southwest Co., Dallas, Tex.

625
Southwestern Securities Co., Dallas, Tex..-

625
Stayart, Louis W., Dallas, Tex_

622
R. A. Underwood & Co., Inc., Dallas, Tex.-

626
R. J. Edwards, Inc., Dallas, Tex...

625
Bennett, Hon. Charles E.:
Housing Authority of Jacksonville, letter of June 1, 1955.

612
Chamber of Commerce of the United States:

Exhibits 1-15. Newspaper articles submitted to the committee. 467
Letter of June 10, 1955, to Hon. Brent Spence, answering ques-
tions by Committee members..

461
Clark, Hon. Joseph S., Jr., mayor, Philadelphia, Pa.:
Letter of June 6, 1955, to Hon. Brent Spence (enclosures)

169
Proposed amendments to Federal housing legislation

170
1954 report on juvenile delinquency, from the Philadelphia
Housing Authority

170-172
Status of federally-aided public housing in Philadelphia,
May 1955..

172
Resolution on Housing, proposed at 31st American Municipal
Congress, November 28, 1954.

151
Cooperative League of the United States of America:
Consumers-sponsored 213 cooperative housing projects.-

262
Farmers Home Administration:

Bureau of the Budget statement in answer to questions by Con-
gressman Multer..

144
Insured farm ownership loans under title I of the Bankhead-Jones

Farm Tenant Act, prior to passage of the Housing Act of 1949.. 135
Number and amounts of applications number and amounts

of loans made during the 1953 and 1954 fiscal years under title
V of the Housing Act of 1949.

136
Possibility of loss to the Government from foreclosure by prior
lien holders

141
Selected characteristics of rural farm housing, United States
Census of Housing, 1950.---

130
Floete, Hon. Franklin G., Assistant Secretary of Defense:
Letter of June 13, 1955.

545
Letter of June 20, 1955, re effect of lack of family housing on
reinlistments.

120
Hiestand Hon. Edgar W.:

Telegram from Los Angeles, signed by L. H. Empey, Ralph E.

Phillips, Francis Moulton, Joseph L. Ryans, William S.
Hughes, Warren Crowell, Frederick Larken, and J. Earle
Jardine, Jr...

621
Home Loan Bank Board:

Letter of June 3, 1955, in re “Proposed provision to allow Federal

savings and loan associations to invest a limited amount in real
estate for homesites and housing-

83

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