The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-05-23
DISCONTINUE FILlBUSTER
TO FORCE RURAL CREDITS
Interested Congressman Stiil BcliiYcr-
ent, However. and May Break
Out Any Time.
LITTLE CHANCE THIS SESSION
II Present PrOgrnm IN Completed Any
Time Rcpnining Nay he De-
voted TO Measure.
Especial to Tho Timcs-Dispatch.l


Washington. May 22.-Congressnan
Winso. Of Arkansas; Henry. of Texas:
Thompson. of Oklahoma: Ragsdalc, OF
South Carolina. and their aides have
concluded to discontinue their nlibuster
In tho House of Representatives. In an
effort to emphasize their disapproval
OF the course Of the President and tho
House leaders in making up q lcgisla-
tive program, which does not Include Il
farmers rural credits bill. But they
still maintain belligcrcnt attitude
and may break out at any time. They
ceased when they were in way as
sured by come of the leaders that the
better course was to cease demanding
continuous roll calls with much at
tcndant delay and have the House
hurry UP, so that If any time Is left
after the present program Is COM
pleteG. the time may be devoted to
discussion of rural credits. While the
friends OF rural credits may comfort
themselves with htc Impression that
they have been promised the passage
OF rural credit bill after the compile
tloh ofthc present program. In reality.
All the assurance they received Is that
up the matter.
No direct promise was mad2 them
by those really in authority, and un-
less all signs fail there IS no more
chance OF securing the passage of Il
rural credits bill at this .ssion than
thcrc Is Tor the Senate to adjourn be-
lore July 10. The principal reason for
this conclusion is that no bill salts
factory TO those chiefly concerned will
be ready for passage before adjourn
inent.
In the first place, President Wilson
viii not agree to tho bill prepared by
Congressman Bulkley's subcommittee
ii
rect aid from the Federal government,
ana In the second place, Congressman
Glass, of Virginia, chairman OF the
House Committee on Banking and
Currency. who really controls the Sit
uation. Is not only out of sympathy
with the Buckley bill, prepared after
live months of committee hearings and
discussion. but believes II IL irnposs! =
BILE To formulate a rural credits bill
20 change the existing relations be-
tween the farmers and the banks, un-
I'll the currency bill just passed has
an opportunity 10 work itself out.
Furth crmorc. Chairman Glass believes
n rural credits bill entirely unnecessary
because the Glass currency bill made
Sl.0oo.Ooo.c00 available for the purchase
OF hHe-ycar mortgages, renewable ri
maturity. and for the current redis
count OF paper for farm operations
Additional facilities for the farming In
currency bill by the provision that
agricultural paper. exclusively. with
six months to run, can be accented by
the banks within certain limitations.
The Bulsley bill provided for actual
aid to the farmer In two ways First
IL authorizes the Secretary OF the
Treasury to subscribe to stock of a
farmer bank. where the farmers them
selves do not subscribe the total
amount OF the 100000 capital required
for each bank, and. secondly. the secrc
taTy Is authorized, on application OF
two OF these farmers banks, to pur
chase s5o,o0o,o0O year of the stock
OF the bank. President Wilson, Score
tary OF Agriculture Houston. Chairman
Glass and Il goodly number OF mem
bcrs of the House are strongly opposed
to this. and an agreement could prob
| ably not be reached in the House with
less than two months discussion.
CONSIDERABLE CRITICISM
FROM MANY QUARTERS
The bill prepared by Bulkley's sub.
committee has come in for consider
able criticism from many quarters
1t has been reported. and not denied
that President Wilson told Mr.. Bulk.
! Icy that he would veto any such bill
| because he considered II class legi Ia
ton. experimental. and representing
the personal views of members OF tn,
committee. instead of those of tn.
Democratic party in the House ant
elsewhere.
The portion of the Glass currcnc,
bill which Chairman Glass considers u.