Evening star., 1926-08-14
PRESIDENT SEEKING
FARM RELIEF PLAN
Confers With Hoover and
Barrett, Head of Ma
tionaI Union,
BY j. RUSSELL YOUNG.
Staff Correspondent of The Star.

otdll OOTTeSpOnuciit VI iiC otoi.
WHITE PINE CAMP, N. Y, August
14.-President Coolidge is busily en-
gagged working out some new plan
for farm relief. He is especially anx-
ious at this time to hit upon some
thing that will serve as a quick rem
edy for the depression in the corn
belt section of the country.
In spite Of all the various forms Of
legislation enacted during the past
few years to improve credits the
President has made it plain that he
and his advisors are convinced that
the situation has not been saved and
that the numerous credit agencies
which have been credited by law,
while they have helped to some ex-
tent, have fallen far short from what
had been expected Of them.
The President is giving consider
able thought to the matter. Yester-
day he discussed it with Herbert
Hoover, Secretary of Commerce, and
today he is in consultation with
Charles Barrett, president of the Ma
tional Farm Union, with headquar-
ters in Washington. Following his
talk with Secretary Hoover, the Pres
ident indicated that he is convinced
he can bring agriculture to prosper
ity par with the rest of the Nations s
business. The manner in which he
discussed the subject with newspaper
men after Secretary Hoover had left
this section yesterday afternoon gave
the impression that Mr.. Coolidge is
not going to rest while there are, as
he describes them. "spotty" conditions
In the country'S business conditions.
He is eager to extend help and to
bring. prosperity to every one.
Would Coordinate Agencies.
From what the President said
through his spokesman the idea seems
just now to be to organize the various
agencies for extending farm credits.
He wants to see coordination in
the activities of the banks, insurance
companies and the mortgage loan
companies.
He would like to see them formed
into a sort of centralized body as a
means of improving credit.
Particularly so where an emergency
exists.
Just what the President wants to
do and just what legislation, If any,
will be required the President has
not made known definitely. He is
Sllll ttWGtlllllS IcpOl OlA tAiC OiACNIANO
ness of the cooperative marketing
measure passed at the last session of
Congress and which was designed at
the investigation of the administra-
tion to help the farmers help them
selves.
It is understood the President will
get some idea of the agriculture gen.
orally from Mr.. Barrett who is eX-
pected to remain at White Pine Camp
until tomorrow afternoon. Secretary
Jardine Of the Department of Agricul-
ture also is expected to visit the
President at this mountain camp
some time in the near future. When
the latter arrives he will be able to tell
his chief what the Department of
Agriculture is doing and what the
farmers are doing and thinking about.
1t is thought by the time Mr.. Jardine
arrives the President will have his
plans for extending assistance fairly
well worked out and ready to put in
to operation.
Discuss Many Subjects.
The Presidents conference yester-
day with Secretary Hoover, swhile
brief, covered a wide variety OF SUBJ
jects.
Linked up with the agricultural sit
udClOn was the Se1leFdl BUSINESS Sllud
tion of the country. Taking every.
thing into consideration conditions are
excellent, although, according to Mr..
Hoover, the textile industry needs
boosting. The head of the Commerce
Department gave the President to un.
derstand that this industry, as well as
the bituminous coal industry, which
is going through slump right now,
can be brought up to normal before
very long.
The Presidents spokesman later
informed the newspaper men that
Secretary Hoover told the President
that American trade was in a tip top
| condition, with 81 per cent increase in
exports and a 81 per cent increase In
imports since the World War. Mr.
Hoover reported that the balance of
foreign trade in our favor was actu
ally less in the past fiscal year than
in the preceding 14 months. He at
tributed this to tWo reasons-the
price of wheat and cotton being low.
er. thereby making the value in dol.
lars and cents less: and the cost of
rubber, Of which the United States is
the largest buyer in the world, being
higher, therefore making the dollar
value of imports greater.
Mr.. Hoover told the President that
If the United States is to occupy its
formidable position in world trade. it
will be through our manufactured
articles, and not because of our ex-