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After a five-month investigation, the House Ethics Committee' issued a report last week on the House Bank scandal. The House of Representatives may act on the report as early as this Wednes- day, March 11. Tbe Committee report, approved on a 10-4 vote, sets arbitrarily lax standards for judging and disciplining the over 300 Congressmen who wrote tens of thousands of bad checks during the past three years. The only penalty recommended is disclosure of the names of 24 Con- gressmen whose accounts were overdrawn by more than a month's take-home pay ($2,300 to $6,000) for at least eight months during the past three years. The House should reject the Ethics Committee report, order full disclosure of all bad checks written on the House Bank, and begin disciplinary proceedings against the most flagrant abusers. Ethics Committee Members admitted Ven they released their report that their recommendations were based on subjective judgments. But by objective standards their report is a w