The Omaha morning bee. [volume] (Omaha [Neb.]) 1922-1927, 1924-01-21
Corey Tells of
Row Over Job
in Omaha Visit
Confidence in Being Cleared
of Any Charge of Collusion
Voiced by Farm Loan
Member.

Merton L. Corey, member OF the
form loan board at Washington, d.
c., stopped off in Omaha yesterday
between trains and conferred with
officers of tho federal land and the
federal intermediate banks of Omaha.
In connection with the recent dis
cussion for and against the confirma-
tion Of Mr.. corey's appointment as a
member of the board, Mr.. Corey said:
THE charge that members Of the
federal farm loan board were parties
to a collusiYe deal or that they do
not deserve confirmation because of
an alleged improvident approval of
a business contract executed by the
federal land banks under fun legal
authority, has been presented to the
senate banking and currency com
mittee. Knowing the facts, as 1 do.
and having the utmost confidence in
the fair jl1icial attitude OF the COM
mittee, 1 am content TO await their
decision.
Explains appointment.
III there Is any foundation for this
attack upon us they Will 10 find. II
they report fayorabiy for confirmation
that should natify thoss who have
suspected wrong doing.
II welcome this investigation. I
am glad TO have them get the full
story and the whole truth, rather
than to have the fabrications OF dis
charged. disgruntled employe go
longer unchallenged.
II shall deserve removal IL in tine
midst of years of fighting for better
farm credits l have connived to Sc
cure a position through such an i'm
moral scheme. II is generally known
In Washington that there is not the
slightest foundation In fact for such
a charge. There was no political
to my appointment. AT
the end OF the long fight for inter
credits and increased loan
limit, Il. II. Cunningham. now mem
ber OF the federal reserve board;
George g. Jewett. manager OF the
merican Wheat Growers association;
the farm loan commissioner. Charles
T.. Lobdell, and Secretary OF Agricul-
ture Wallace urged my appointment.
that should assist in the
of this new legislation
which is so important to the middle
west, in which they are naturally
especially interested.
II did not seek the position.
asked the aid OF nobody. The only
support came from tho above named.
all of whom are republicans. They
might have been mistaken rs To my
ability. but they acted in the utmost
good faith for what they thought
would benefit the farmers OF the coun-
try.
Endorsed by South Dak0tan.
The issue is being fairly consld-
cred by the committee. II they re-
port adversely that will end the whole
matter. II they report favorably upon
myself and colleagues We should and
| believe we viii receive the vote Of
every senator without regard to
partisan considerations.
II appreciate the fine expressions OF
which this controversy has
brought from Nebraska and other
western states. The findings of the
will show that the conf
dence OF my friends has not been mis-
placed"
~ lack of confirmation OF Mr..
Corey's appointment would leave tho
corn belt without n representative on
y. Morcom OF South Dakota, treas
urer OF the Omaha bank.
Mr.. Corey was en- route 10 Salt Lake
City. where he IN 10 address the Ma
tional Wool Growers association.