MORNING PRESS NEWS 
2 AUGUST 1938 
ON 
NATIONAL NEWS 
Burl ank , Calif. 
Thousands lined the streets of Burbank this afternoon to give 
Howard Hughes and his round the world fliers a “Lindbergh 
Welcome” to the West 'Coast. The fliers made the final hop this 
morning from Phoenix, Arizona. Mayor Frank Shaw accompanied 
the fliers on a parade through downtown streets piled deep with 
paper and flowers. Welcoming ceremonies at City Hall will be 
broadcast 5:15 PM EDT. She ceremonies probably will be the 
last occasion on which all the fliers will be together since 
members of the Hughes crew are returning soon to their regular 
jobs. Actress Edith Fellows will present a medal to Hughes 
and his crew and the City Council will offer resolutions of 
congratulation. Governor Merriam will preside at a banquet 
climaxing the celebration tonight. 
Washington 
The Securities and Exchange Commission set a precedent today by 
denying exemption from the public utilities holding company 
act to an inter state company operating solely within the bounds 
of a single state. The company is the Houston Natural Gas 
Corporation of Texas . The SEC held that the gas company could 
be defined as in interstate commerce and thus under federal 
jurisdiction, because the company was incorporated in Delaware. 
The company's plea that it has not violated the holding com- 
pany act was ruled down. The commission asserted "The purpose 
of the statute is not to punish abuse, but to prevent its oc- 
currence. 
Washington 
Investigators for the LaFollette Civil Liberties Committee 
reported today that four million dollars had been spent for 
labor activities b 3 ^ steel companies during the so called little 
steel strikes of 1937. The committees Secretary, Robert 
Walort, told the committee that this sum was spent by Republic 
Steel Corporation, Youngstown Shoot and Tube Company and var- 
ious governmental agencies during the labor strife. Walort 
said that $141,000 had been spent for ammunition and guns. 
The committee began studying a detailed summary of expendi- 
tures during the strike. A committee accountant, lose Espinoza, 
testified that Republic Steel had spent nearly two million 
dollars during the strike. Espinoza said that company records 
failed to explain 50 percent of its expenditures. 
Washington 
Secretary of State Hull discussed the proposed British Ameri- 
can Trade Agreement today with British -Wnbassador ^ir Ronald 
Lindsay. L a t e r Hull told reporters that negotiations were 
still progressing. He would not comment further on the con- 
ference. 
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