The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1928-12-04
M'NARY STARTS
FARM EQUALITY
BILL IN SENATE
Establishes Federal Farm
Board With $3OO,OOO,OOO
Assistance Fund
LACKS EQUALIZATION FEE
Includes Basic Provisions Of
Relief Supported by Farm
Leaders

Washington, Dec. 4.-(AP)-
Farm relief legislation drafted on
the Coolidge design and apparently
with administration approval was
started on its way today in the sem
ate with the introduction Of q sur
plus control measure by Senator
McNary, Republican, Of Oregon.
1t establishes federal farm board
with fund of $500, ,OOO, 900 to assist
proposed stabilization corporations
in the orderly marketing of crops
through the withholding of surpluses
from the market.
Senator McNary, the chairman Of
the senate agriculture committee and
co-author of the twice vetoed Nc
Nary-Haugen bill, left out Of the
measure the controversial equaliza.
tion fee provision which drew 90
much fire from the administration.
Is All-Enc0mpassing
"The BILL" he explained in q state.
ment, "includes the principal fea-
lures Of the McNary -Haugcn bill
without the equalization fee. But
the new measure is more than the
old bill with the controversial fee
section stricken out. It includes not
only those basic provisions Of farm
relief that have won the support of
farm leaders in general, but also the
recommendation of Secretary Jar
dine and other administration lead
ers, together with the surplus con-
troll legislation promised in the Re-
publican platform"
The farm board would be COM
posed of the secretary Of agriculture
and six members, three Republicans
and three Democrats, to be appoint
ed by the president with the advice
and consent Of the senate.
The board is empowered to or
ganize advisory councils for any
commodity, selecting the seven men,
bers of the council from persons
nominated by the cooperative mar
keting associations and producers
handling the commodity. 1t will be
the duty of the council to advise
with the board on crop situations and
to advise producers through their
organizations of suitable programs
Of planting or breeding.
C0ops. Control Corporation
After the organization of an adj
visory council for a commodity the
federal board would be empowered
to certify a stabilization corporation
for that commodity, to be organized
under the law Of any state. All vot-
ing stock or membership interests in
the corporation must be held by CO.
operative marketing associations or
producers handling the commodity
involved.
These corporations would have au-
thority to act as a marketing agent
for its members and to purchase,
sell or market any quantity of the
agricultural commodity or its pro-
ducts either from members or in the
open market at prevailing pices.
Under the plan, crop surpluses
would be handled by the corporations
through loans from the federal
board but no loss would be paid from
the treasury Of the United States.
Whenever the board determines that
a surplus is liable in any crop, it
may make loans to the corporations
up to $225, 100000 for the buying
and storing of the surplus.
"The plan as q WHOLE" Senator
McNary said, "would be admins
tered by a federal farm board con-
sisting of the secretary of agricul-
ture and six members who would be
in sympathy with agriculture and
selected for their demonstrated ca
pacity and fitness for the job"