The Meridian times. (Meridian, Idaho) 1909-1938, 1914-05-29
RURAL CREDITS LEGISLATION 10
NOT 90 EASY TO DEVISE AZ
HAD BEEN THou0Hr.
GOES OVER TO NEXT WINTER
President Wilson Consents 10 Post
ponement After Realizing Difficult
tics OF the Question and piffeS-
enoes o. Opinion IN Congress.
nY aEoR0E CLINTON.


southern commercial congress, went
70 Europe to study the subject OF
agricultural credits. Their reports
were yoluminous and apparently were
prepared carefully. II IN probable
that q majority In congress thought
that when these reports had been
studied and embodied In q bill the
last word on the subject had been
spoken.
President Wilson has consented that
rural credits, or land bank, legislation
shall so over until the next session.
In doing so senators and representa-
tives say Mr. Wilson has recognized
existing conditions In congress-. The
land bank question. 1t ID urged, Ii q
mucn harder problem to solve than
many persons supposed when II was
said that bill once prepared by seem
ingly competent authority could be
passed With comparatively little de-
bate.
Now writer OF discernment on the
subject says: But the prophets OF
legislation did not take into account
the size OF the United States; nor
the fact that system which might
work admirably In country like Ger
many or France might disclose grave
defects IN country where one state
alone 10 larger than Germany and
France put together Moreover, the
people OF the United States do not
take as naturally to federal aid In
their affairs as the people OF Europe.
and often SEQ an embarrassment in
federal Intervention where Europeans
would see only help
No Bill Reported by Committees.
For the reasons Just given, It seems
likely that q rural credits bill did not
come forth ais quickly as II might from
the congressional propagatlng plant.
| There have been several bills intro
| duced, one bearing the names OF Sen.
| atoF Fletcher OF Florida and Repre-.
sentative Moss OF Indiana and which
| embodies the conclusions of the com
mission appointed by the government.
No bill as yet has been reported out
OF the banking and currency commit
tee OF either house or senate. In
| truth, the two committees lodged the
whole subject in d way by appointing
| Joint subcommittee whose duty II
was to be TO prepare a bill which
would pe acceptable to the administra-
! ton.
| Differences have arisen among the
membera OF both branches over
| fundamentals Senator Hollis wants a
/ national land bank capitalized by the
government. while Representative
| Moss and those who think with him
| believe that private capital should
be employed. Representative Bathriok
OF Ohio has introduced bill making
the postal bank funds available for
use by the land banks.
One of the main questions Is how
best 10 organize system that. will
provide money In the safest and surest
way for use In undeveloped regions
where profitable farming appears to
| be- possible. The men who believe In
q thoroughly federalized system de-
clare that money cannot be raised for
| the development OF a country like this
except through the government. In
the agricultural regions as yet unde-
veloped interest rates are very high
and the assertion is that the rates
cannot be reduced unless the govern
ment shall DO q participant in the
transaction
Decide to Adjourn July 10.
I A.
greas has made up Its mind to bring
about adjournment by July 10 II pos
sible. Word to this effect was re-
eeiyed with considerable surprise be-
| cause coupled with It was the word
| that some OF the legislation which
was expected the president would ask
to have passed at this session would
be put over probably until a more
convenient season
The antitrust measures will be
passed BY the house, caucus OF the
Democrats to make action party
duty having made the order Of the
day. Il Is held by the administra.
TONS supporters that with the tariff.
the currency and anti-trust measures
enacted since Mr., Wilson came into
once the record OF legislative achieve
ment will be sufficiently strong one
with which to go before the country in
the congressional elections.
When Senator Kern and other
Democratic leaders in the upper
house talked to the president about
tia possibility of an adjournment
early In July. It was agreed that con
gress could put through the tolls re
peal bill and antitrust legislation
Rural credits will be put on almost
unquestionahly until next winter The
, immigration measure is one which
some OF the congressman are afrait
TO grasp because of it's thorns and be
cause also they fear that with thu
Iiteracy test included the prcsiden
may interpose his veto.
i As to immigration Bill.
This measure to restrict immigrs
q ton by imposing the reading test |
L A.