Monday, Feb. 26, 1940

Work Done

The Senate:

-- Approved non-military aid to Finland (see above).

-- Fearful that an embargo might mean war, cautiously postponed (in Foreign Relations Committee) action to embargo trade with Japan. "The Committee fired a few blank cartridges and then fell back," said Texas' Tom Connally (who next day fell ill of heart trouble).

-- Passed a $1,032,784,115 annual Treasury-Postoffice Department supply bill, sent it to the House for concurrence in amendments.

The House:

-- Curtailed naval appropriations and authorizations so sharply that Ways & Means Chairman Bob Doughton was able to say: "It looks like we won't have a tax bill this year"; voted and sent to the Senate a naval bill totaling $965,722,878 (down $112,693,139 from budget estimates); received from the Naval Affairs Committee a bill to authorize (but not immediately appropriate) $654,902,270 for further expansion.

-- Debated continuance of the Hull reciprocal-trade program.

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