HEARINGS

BEFORE A

SUBCOMMITTEE OF THE

COMMITTEE ON BANKING AND CURRENCY

UNITED STATES SENATE

90300

EIGHTY-FIFTH CONGRESS

FIRST SESSION

ON

VARIOUS BILLS TO AMEND THE FEDERAL HOUSING
LAWS, AND OTHER BILLS

MARCH 18, 19, 21, 22, 25, 26, 27, 28, APRIL 1, 2, AND 3, 1957

Printed for the use of the Committee on Banking and Currency

UNITED STATES

GOVERNMENT PRINTING OFFICE

WASHINGTON: 1957

Arrington, John H., Chief, Family Housing Division, Office of Assist-

ant Secretary of Defense (Properties and Installations); accom-

panied by David M. Lancaster.___.

Banner, Knox, president, accompanied by John R. Searles, Jr.,

executive director, Development Land Agency, District of Colum-

bia; John Lange, executive director and Hugh Mields, Jr., assistant

director, National Association of Housing and Redevelopment

Officials.

Baughman, J. Stanley, President, Federal National Mortgage Associ-

ation..

Bialac, Jerry, president, Rental Development Corporation of America.

Bible, Alan, a United States Senator from the State of Nevada...-

Blanch, Lloyd E., Assistant Commissioner of Education, Division of

Higher Education, and Willis D. Gradison, Jr., assistant to the

Secretary, Department of Health, Education, and Welfare... ---

Bubb, Henry A., legislative chairman; accompanied by Stephen

Slipher, manager, Washington office, United States Savings and

Loan League__

Cades, J. Russell, Honolulu, T. H., accompanied by Francis M.

Wegman, on behalf of Wherry Housing Owners of Hawaii...

Camp, Ehney A., Jr., John G. Jewett, and James J. O'Leary on behalf

of American Life Convention and Life Insurance Association of

America..

7

7

7

7

8

8

8

14

14

15

15

25

27

28

237

730

112

721

152

263

781

809

380

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

of the United States of America....

937

902

Childers, Miss Frankie, National Institute of Social Welfare-

Cole, Albert M., Administrator, Housing and Home Finance Agency-.78, 817

Daley, Richard J., mayor, Chicago, Ill., accompanied by Alderman

William Murphy, Gen. Richard Smybal, Ira Bach, Phil Doyle, and

James C. Downs, Jr....

Dilworth, Richardson, mayor, Philadelphia, Pa., representing Ameri-

can Municipal Association-

Ellis, Calvert N., president, Juniata College, representing Association

of American Colleges..

Finucane, Charles C., Under Secretary of the Army, accompanied by

Maj. Gen. K. A. Barney, Director of Installations, Office, Deputy

Chief of Staff for Logistics, United States Army..

Frisch, Nat, president, Charleston, S. C., Area Home Builders Associa-