Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-04
CONTINUED From rlrs, Pase)

people
81 don't believe" the President
said, that the sober Judgment of the
masses of the people of the nation,
or even OF the special class whose
interests are Immediately affected by
this measure. will sanction n return
especially in view OF conditions which
lend even less justification for such
action. 10 a policy ot legislation for
selfish Interests which will foster
monopoly and iScrcasc the DISPOSE
ton 10 look upon the government us
an instrument for private gain in
stead OF an instrument for the pro-
motion OF the general well heing."
No Relief for Farmers.
Actual relief for the farmers. the
President asserted. could only come
from tho adoption of constructive
measures OF a broader scope. from
the restoration OF peace everywhere
in the world. the resumption OF
normal industrial pursuits. the re-
'covcry particularly of Europe and
the discovery there OF additional
crcdi; foundation.
The President remark cd that ii was
not a little singular that a measure
(which strikes a blow at our foreign
trade should follow so closely upon
the action OF Congress directing tho
resumption of certain activities of
the War Finance Corporation. cs-
pccially. the urgent insistcnce Of rep
rcsen,ativcs of tho farming interests
who believe that it's resumption
IL tt,,.,
After the veto measure had been
read, the House agreed to take up
the veto at . o'clock tonight.
Tent of Presidents Veto.
The text OF President Wilson's
veto Of tho Fordney emergency tariff
bill follows: =
The House Of Representatives:
IL return herewith without my APP
proval IL. Il. 1928. an act imposing
temporary duties upon certain aGri-
cultural products TO meet present
emergencies. to provide revenue and
for other purposes.
"Thc title of this measure indi-
Gates that II has several purposes.
The reprt of the Committee on Ways
and Means reveals that it's principa!
object is to furnish relief to certain
producers In the nation who have
been unable to discover satisfactory
markets In foreign countries FOR
their products and whose prices
have fallen. Very little reflection
would lead anyone to conclude that
the measure would not furnish in
any substantial degree the relief
sough, by the producers OF most of
the staple commodities which it
covers.
This nation has been for very
many years large exporter of ag-
ricul,ural products. For nearly 4
generation before II entered the Eau
ropean war it's exports exceeded its
imports OF agricultural commodities
by from approximately 100000, 900
10 more than 5000. 100000. In recent
years this excess has greatly in
creased. and in 1871? reached the huge
total of 81 ,sOi. 292. 900. The excess of
exports OF staple products is espc-
cially marked. In 1913. the nation
imported 7SS,iSl bushels of wheat.
valued at S67c,?al. and in 1920. 3D.
SiS.GiS bushels. worth S1J.3?3,S3i
while j, exported ia 1919. 9g.aUs. 96S
bushels. worth 95o?S.S3s. and in
1899, 2lS.2sO.23l bushels. valued at
s59G,957,796. in the year 1913 ii inn
ported SS,lS3 barrels of wheat flour.
valued AT S3iI.S17, and in 1890. SOO,,S 5
bushels, Waited at SS.6 800; while
il exported in the frs; year i2.27S.-
206 barrels, valued az $5G.S65.iit. ana
In 1920, ly.S53"i9 barrels, valued At