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RURAL CREDITS.

MAY 5, 1916.-Committed to the Committee of the Whole House on the state of the Union and ordered to be printed.

Mr. GLASS, from the Committee on Banking and Currency, submitted the following

REPORT.

[To accompany S. 2986.]

The Committee on Banking and Currency, to whom was referred the bill (S. 2986) to provide capital for agricultural development, to create a standard form of investment based upon farm mortgage, to equalize rates of interest upon farm loans, to furnish a market for United States bonds, to create Government depositaries and financial agents for the United States, and for other purposes, having had the same under consideration, reports it back with amendments and recommends that the bill do pass.

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MILITARY ESTABLISHMENT.

MAY 5, 1916.-Ordered to be printed.

Mr. HAY, from the committee of conference, submitted the following CONFERENCE REPORT.

[To accompany H. R. 12766.]

The committee of conference on the disagreeing votes of the two Houses on the amendments of the Senate to the bill H. R. 12766, entitled "An act to increase the efficiency of the Military Establishment of the United States," having met, after full and free conference, have been unable to agree.

JAMES HAY,
S. H. DENT, jr.,

JULIUS KAHN,

Managers on the part of the House.
GEO. E. CHAMBERLAIN,

J. C. W. BECKHAM,

F. E. WARREN,

Managers on the part of the Senate.

STATEMENT.

The managers on the part of the House on the disagreeing votes of the two Houses on the amendments of the Senate to the bill H. R. 12766, entitled "An act to increase the efficiency of the Military Establishment of the United States," make the following statement: The conferees have been unable to agree and have not been able to adjust the differences between the two Houses.

JAMES HAY.
S. H. DENT, jr.
JULIUS KAHN.

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AMENDMENT OF THE JUDICIAL CODE.

MAY 5, 1916.-Committed to the Committee of the Whole House on the state of the Union and ordered to be printed.

Mr. GRAHAM, from the Committee on the Judiciary, submitted the

following

REPORT.

[To accompany H. R. 6450.]

The Committee on the Judiciary, having had under consideration the bill (H. R. 6450) to amend section 260 of the Judicial Code, report the same to the House with the recommendation that the bill be amended as follows, and that as amended it do pass:

Amend by striking out on page 2, lines 13 to 17, both inclusive. Under the existing law judges of the courts of the United States having attained the age of 70 years, and having served as such judge for at least 10 years, may resign, and receive the salary payable at the time of resignation. Upon such resignation the judge continues to receive his judicial compensation but ceases to be a judge and performs no judicial duties. The purpose of this bill is to permit judges who are qualified to resign on salary to retire instead of resigning, and to perform such judicial service as they may be willing to undertake. Such retirement will have the advantage of giving to the Government the service of retired judges free of additional

expense.

It is believed that this bill, if enacted, will induce judges who are incapable of performing full service and hesitate to resign to retire under its provisions and still perform such judicial service as they are capable of performing. In the past many judges have remained upon the bench long beyond the time when they were capable of adequately discharging their duties, and in consequence the administration of justice has suffered. Under the Constitution, judges hold their offices during good behavior, and, therefore, the power of Congress, outside of impeachment, is limited to providing for their voluntary resignation or retirement.

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