Evening star., 1928-05-25
Awaits Congressional Action
on Veto Before Offering
Substitute Measure.
PRINCIPLES CLOSELY
GUARDED BY EXECUTIVE
Hopeful of 0ut"7me, but Prefers
Not to u ',rce to OBJ
tain Action.
BY J. RUSSELL YOUNG.

PRESIDENT Cool1dee stands ready TO
submit a plan of his own to Congress
embodying what he considers sound
and workable theories for the extern
sion of Federal assistance to American
farmers in the event that Congress
does nothing more than make gestures
in the direction Of farm legislation, it
was learned today on seemingly good
authority.
In unmistakably plain language the
President said in his message Of veto
on the McNary-Haugen measure that
he hoped Congress would enact a meas
ure along the lines recommended by
him in his annual message last Decem-
Der. 1t has been learned that since
he sent the message to the Senate the
President with the assistance of sew
eral of his close advisers has whipped
into shape his plan and it is now re-
posing in his desk awaiting the arrival
Of the proper moment to be dispatched
to the Capitol.
Waits On Congress.
The President is waiting on Congress.
He Is hoping that his hint for action
will be taken. He is represented as
being determined to not keep the agri-
culturists in want of assistance any
longer and to have the Federal Govern
ment do what it can in the matter of
assistance. He will wait to see first
what is done regarding his veto of the
McNary-Haugen bill If serious at
tempt is made to pass this bill which
ne has said with such emphasis is so
Objectionable as well as being uncon-
stitutional. he is understood to be ready
to step into the fight by offering his
legislation plan.
Secondly. if the Senate makes no
effort to override and shows no evi-
dences OF determined effort to rush
through q constructive and sound bill
without further suggestion from him,
he win then act.
Does Not Want to Use Force.
Intimates Of the President. who have
knowledge of his plans In the matter
OF farm legislation, contend that he
would prefer 70 have Congress act on
Its own accord and without his using
force. He realizes that the time Is
snort and that there must be quick ac-
ton If farm relief legislation satisfac-
tory to his way of thinking is to be
enacted this session. Nevertheless, the
President Is represented as having care
fully planned this eleventh-hour fight
and that he has reason to be hopeful
Of the outcome.
The Presidents plan has been CLOSELY
guarded and Is being kept as much OF
secret as possible. Not more than two
Republican congressional leaders are
known to have any idea of the Presi-
dents intentions in the matter. Not
more than three members of his cabi-
net nave been taken into his confidence.
Veto Wen Received.
Advices Mr.. Coolidge has received
are to the effect that his veto message
was well received generally throughout
the country.
Despite the secrecy that has been
thrown about the Presidents plan. suf-
ficient has leaked out TO give the i'm
preston that what he will ask for will
be substantially what he recommended
In his last annual message to Congress,
According to him. the main problem
which is presented for solution Is one
OF dealing with surplus of crop pro-
ductlon. He considers Ii useless to even
consider q temporary expedient. In
his opinion what Is needed Is perma-
nency and stability, and for that rea-
son Government price fixing is there
fore unSound and bound TO result In
disaster. He believes that Govern
same way. It Is his contention that
the Government should help the farmer
to help himself. and that the most eff
fective means of dealing with surplus
crops Is 10 reduce the surplus acreage.
His argument Is that this reduction
cannot be brought about by the IN
dividual. but II can be done through
the farm organizations already In ex-
iStence. and through information flr-
vi had hNs ttfa. s<Rw ~ A.
ture, as we'll as through banks and
others who supply credit
Moreover, the President cannot see
how the Government can assume the
responsibility IL acreage becomes over
extended, He believes, however. that
the Government can assist cooperative
associations and other organizations tn
orderly marketing and handling q sur
plus clearly due TO weather and sea-
Sonal conditions in order 10 save the
producer from preventable loss.
Would Set Up BOARD.
He believes that an effective step
forward In this direction could be
brought about through the setting M
of Federal board or commission CT
able and experienced men In market
ing. granting equal ADVANTAGES under
this board TO the various agricultural
commodities and sections Of the coun~
try, giving encouragement TO the CO.
operative movement IN agriculture and
providing revolving loan fund OF
moderate rate OF interest for the neccS~
Sary financing, He Is represented -
being satisfied. and legislation along
this 1.-THE would surely lay the founda-
ton for permanent solution of the
surplus problem, and II is understood
that this Is embodied In his proposed
plan.
The President further il represented
as not proposing 60 lend mere money
10 the farmer lie already believes
The latter Is well financed. He would
lend money temporarily 10 expert
mental marketing associations with
the view that they no doubt would
ultimately be financed hy the regularly
banks. aS were the tenv
parary operations Of tho war finance
This manner Of nnane~
lng. Mr. Coolidge believes. would pre-.
eide the co.eperatlve agencies With
means OF buying or building physical
properties such as warehouses where
sMrpluses could he stored or stocks
aeuld be held awalstNs better marketing
conditions
In the optaion y the President ths
farmer would be aatter OF II the
Government took no hand IN regulatine
~ managing the marketing organ
I1atlans,
According 70 the comment, the Gen.