The Oakley herald. [volume] (Oakley, Idaho) 1908-1961, 1914-06-26
RURAL CREDITS LEGISLATION Ie
NOT 90 EASY TO DEVISE As
HAD BEEN THOUGHT.
GOES OVER TO NEXT WINTER
Presiden. Wilson Consents to Post
ponement After Realizing Difficult
ties Of the Question and Differ
ences Of Opinion in Congress.
BY GEORGE CLINTON.

l
eminent and another organized by tn,
southern commercial congress, wen
to Europe to study the subject @
agricultural credits. Their reports
were voluminous and apparently wer,
prepared carefully. 1t is probabl,
that majority in congress though
that when these reports had beer
studied and embodied in bill The
last word on the subject had beer
spoken
president Wilson has consented thai
rural credits, or land bank, legislation
shaii 90 over until the next session
In doing SO senators and representa-
ives say Mr.. Wilson has recognized
existing conditions in congress- The
land bank question, 1t Ia urged, Is a
much harder problem to solve than
many persons supposed when 1t was
said that bill once prepared by seem
| lngiy competent authority could be
passed with comparatively little de-
bate.
NOW a 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 a country like Ger
many or France might disclose grave
deIects In country where one state
alone is 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,
ana often see 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 rural credits bill did not
come forth as quickly as it might from
the congressional propagating plant.
There have been several bills intro
duced, one bearing the names of Sen
ator Fletcher of Florida and Repre-
sentative Moss of Indiana and which
enbodies 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 way by appointing
a joint subcommittee whose duty 1t
was to be to prepare a bill which
would be acceptable to the administra-
ton.
Dlnerences have arisen among the
members of both branches over
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 Bathrick
Of Ohio has introduced a bill making
the postal bank funds available for
use by the land banks.
One of the main questions Ia how
best to organize 4 system that will |
provide money in the safest and surest
way for use Ia undeveloped regions |
where profitable farming appears to |
De possible. The men who believe in |
'lare that money cannot be raised for
he development of a country like this
except through the government. In |
he agricultural regions as yet unde-
'eioped interest rates are very high
md the assertion is that the rates
annot be reduced unless the govern
nent shall be participant in the
transaction.
Decide to Adjourn July 10.
The Democratic majority In con-
ress has made up its mind to bring
bout adjournment by July 10 If pos
ible. Word to this effect was re-
eived with considerable surprise be-
ause coupled with it was the word
hat some of the legislation which
as expected the president would ask
, have passed at this session would
9 put over probably until a more
onvenient season"
The antitrust measures Will be
assed by the house, a caucus of the
emocrats to make action a party
lty having made the order of the
ly. IL IS nelu Dy the aQmlnlStra-
on's supporters that with the tariff,
le currency and antitrust measures
lacted since Mr.. Wilson came into
nee the record of legislative achieve
ent will be sufficiently strong one
it'll which to go before the country IN
e congressional elections.
When Senator Kern and other
leaders in the upper
,use talked to the president about
Q possibility of an adjournment /,
rly in July, it was agreed that con. ,
ess could put through the tolls re- !,
al bill and antitrust legislation. :
Iral credits will be put off almost :,
questionably until next winter. The
migration measure is one which
me of the congressman are afraid !,
grasp because of its thorns and be- :,
use also they fear that with the :
eracy test included the president :,
ny interpose his veto.
AS to immigration Bill. >,
This measure to restrict iramipra. g.
n by imposing the reading test is .,
this writing on the senate calendar =,