Evening star., 1926-06-15
VOTE E0NFARMB|L
. NEARING IN SENATE
Mellon Adds Protest to Pas.
sage of McNary.Haugen
Relief Measure.
Nv the Associated Press.


81 With a vote approaching in 'th'
Senate on the McNary equaliza tior
fee measure. the list of prominent
proponents and opponents Of the
principle outside of Congress con
tHinues to grow. .
Secretary Melons name appeared
today among those who have declared
against the plan, including Secretary
.Iardine and f. F. Yoakum. New York
.inancier and advocate of the com
modify marketing proposal written
Into the Curtis-ASwell bill.
Joining the ranks opposing theil
eiew-which include Vice Preside 1T
Dawes and Bernard NJ. Baruch. OF
New York-was the American Cotton
Growers Exchange, the president Of
which. 5. +. kilsore, has written q
letter to southern Senators in support
OF the plan.
7, The Senate, meanwhile. has com;
Dleted general debate on the McNary
measure, which is similar to the
Haugen bill recently voted down in
the House. and expects 10 reach 4
vote on II tomorrow or Thursday.
Mellon Gives His Views.
The views of Secretary Mellon were
set forth In a letter TO Chairman
Hausen OF the House Agriculture
committee, and Representatives Dick.
inson of Iowa and Anthony of Kan.
sas, Republican proponents of the
plan, in compliance with request
! from them for his opinion.
/ Declaring the proposed. legislation
would prove neither workable nor
beneficial" he said:
" can see no permanent relief for
American agriculture through sub
sidizing foreign competition; and that,
In my opinion, Is what the bill. II il
becomes Il law. will do
= kilCore'S letter to the Southern Sen
sfors. whose support is regarded by
proponents of the McNary measure as
essential for its passage. said:
The cotton co.operatives are fairly
representative Of the best element Of
cotton farmers in their several States
and with first-hand knowl-
edge Of the conditions of our farmers
and with the factors and influences
which determine their prosperity, the
co.operatives are supporting this bill
and earnestly requests you 10 vote
for it,
Aid for Cotton Growers.
Under the McNarv measure. SIS
100000 would he applied to the han,
ding of cotton Surpluses. and the
equalization fee would not he assessed
against this commodity for two years.
Yoakum, IN a letter to Secretary
Mellon made public TO-DAY reitera ed
bis arguments in support Of the Cur
fIs-ASWell bill and declared that "a
study OF the uneconomical. i'm
practicable and fundame entally un-
sound McNary. .HauGen bill, when
. x-l, 4,
would be no benefit TO the farmers.
with added burdens to the already
eFer-taxed consumer"
Listing a number of organizations
which he said either were definitely
or record against the equalization fee
Or have not authorized their officers
to support it. he charged:
Z The advocates of the McNary-
HauSen bill would have the country
believe that large majority OF those
engaged in agricultural pursuits are
favorable TO such legislation. This is
not the case"
: Reviews Bills Purposes. 81
{ The letter of Secretary Mellon TO
Representatives Haugen. Dickinson
and Anthony follows, in part:
THE purpose intended to be &C
by the bill is to raise he
prices OF wheat, corn, cotton and live
ltock above world prices. A board
known as the Federal Farm Board,
Ior which Is appropriated $25o. .000, 900.
plus 100000 for immediate expenses,
b TO arrange with cooperative asso.
stations and other dealers to pur-
chase. store or export the surplus OF
ghese commodities beyond the demand
FOR home consumption. The taking
Of this surplus off the home market |
's to raise the price in the home |
market. The surplus is TO be sold |
abroad even il the foreign price is he
low cost. The loss on the storage or
N the sale of the surplus abroad is :