The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1921-07-14
IN NATIONS CAPITAL
Northwestern Senators Predict That
Grain Futures Bill Will Pass
Within a Month.
Next Move in Peace Program Depends
on Attitude of Great Britain
and Other Allies.


senate the bill generally is acceptable
to the grain trade and the millers. A
fight will be made on the floor of the
senate, however, against the provision
permitting the use Of privately owned
or leased telegraph or telephone lines
to places other than where a contract
market is located. Those who are op-
posed to this provision assert that it
will not only cut off the wire houses
in the small towns in the northwest,
but that it will also deprive the coun-
try elevator men and the wheat pro-
ducers of information they are now
able to obtain over these lines of COM
munication from terminal markets.
The grain trade also will seek to have
the bill amended so that, if the secre-
tary of agriculture refuses to desig-
nate a board of trade as a contract
market, direct appeal may be made
to some court of competent jurisdic-
ton. The bill reported does not give
this right in explicit terms and the
grain men would like to see some def
mite enactment on this point. The.
grain men and millers, particularly the
latter, want to be free to purchase
grain in large quantities without hav-
ing complaint filed against them that
they are attempting to manipulate the
market. There is nothing in the bill
that indicates how large quantity of
grain may be gathered in one open
trade, and the millers want to be in a
position to be free from complaint
should they go into the market and
make heavy deal when rush order
for flour is received. These amend
ments will be offered on the floor of
the senate, and it is conceded by
friends of the measure that some
amendments will be adopted. It IFS
believed, however, that this bill will
be passed as part of the legislative
program for the benefit of the agri-
cultural interests of the country who
have the support of. the agrarian bloc
in the senate.
The character of the next move by
the United States to carry out the
Harding peace program depends upon
the attitude of Great Britain and the
other allies on pending questions in
volving American rights and interests.
Whether we shall settle war accounts
with Germany by ratifying the YER
sailles treaty with reservations, I'M
dertaking thereby to participate in the
enforcement of these treaty terms we
approve, or shall settle with Germany
in a separate treaty independent of
the allies has not been determined by
President Harding and it may be some
time before he reaches conclusion.
Secretary of State G. E. Hughes has
put the matter of disarmament con-
ference up to the great powers and
such conference may be arranged to
take place in the United States.
The farmers national council has
appealed to congress for less investi-
cation and more legislation to relieve
the distress of agriculturists. in the
country.
In his effort to induce congress to
defer action on soldiers bonus legisla-
ton and to limit action to taxes and
tariff President Harding faces the first
real test of strength of his administra-
ton. Indications now are that he will
win on the bonus bill, but the agri-
culture bloc threatens to override him
in his request that congress recess
while the committees are perfecting
tariff and tax bills.
The STEVENSON bill to reclassify GER
tain postal employees, entailing salary
increases of between 100000 and
100000 has been passed by the SEN
ate and sent to conference.
The house bill authorizing an in
crease Of the Philippine islands debt
limit from $15,Ooo,0OO IT, $3O,OOO,OOO
has been passed bv the senate and sent
to conference.
House republicans at conference
fixed July FL as the date for final
vote on the general tariff bill. The
conference also adopted a proposition
opening the hides, cotton, dyes and
oil schedules to amendment from the
floor and permitting each to be dis
posed of by separate vote. Other
schedules would be subject to amend
ment only by the ways and means
committee.
The soldiers relief investigating
committee of congress in closed ses-
sion to learn Of the plans of the public
health service for expanding the $751;
100000 appropriated for hospital ser
vice found that arrangements have
been made for only 5000 beds.
After voting to make the proposed
veterans bureau an independent or
ganization, reporting directly to the
president, the senate finance subccm-
mittce has completed the redrafting
of the Sweet bill, consolidating the
agencies dealing with soldier relief.
The subcommittee was to make it's
report to the whole committee today.
It is doubtful whether the whole COM
mittee will ratify the report without