Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-02
indicated a desire to discuss the pro-

indicated a desire to discuss the pro-
posal.
A Saturday session may be called to
get the export debenture contest out
of the way before the end of the week
and IL this aim is successful. the meas
ure as a whole is likely to reach q
vote Monday or Tuesday.
Considerable Debate Expected.
Although the amendment OF Senator
Watson of Indiana, the Republican
leader, to eliminate the debenture plan
has caused the greatest discussion, con-
siderable debate is expected also upon
number of the dozen or so changes
advocated by other Senators. Some oil
these may be accepted or rejected
without argument, however
After the debanture plan has been dis
posed Of the Senate will be asked by
Chairman McNary to comply with a
request of Fruit and Vegetable Assocla-
tons that their products be excluded
from operation of the farm relief ma
chinery to be set up by the bill. They
asked and obtained similar exemption
from operation of the equalization Zee
in the old McNary- Haugen bill.
Senator McNary also has an amend
ment providing that no money would
be loaned by the proposed farm board
for the construction OF storage ano
warehousing facilities unless the board
was convinced that existing facilities
were inadequate. This provision Is IN
Guided in the House bill.
Senator Brookhart, Republican. OF
Iowa intends to call up as an amend
ment his bill providing huge subsidy
for the direct buying by the Govern
ment of surplus crops, but there Is nc
indication that this proposal Will be ac-
cepted.
Harris Plan Faces Defeat.
Another amendment that seems GER
tain to be voted down is that OF Senator
Harris. Democrat. of Georgia for the
operation of Muscle Shoals under lease
from the Secretary of War to the All
NitrateS Corporation and the American
Cyanamid Co. In this category also
is placed the amendment of Senator
Copeland, Democrat, of New York. to
substitute the equalization fee for the
export debenture plan.
Senator Thomas, Democrat. OF Okla
homa has offered several amendments
designed to curb the power OF the Presi-
dent with respect to the function1ng OF
the farm board.
Senator Tyson, Democrat, OF Ten
nessee has suggested an amendment
which would give any product manu-
featured from cotton as well as raw
cotton the benefit of the debenture
rate.
Senator Hayden, Democrat. Of Ari-
IONA has an amendment which would
authorize the Secretary OF Agriculture
to seek means of increasing production
of farm products at present imported
by use of soil now devoted to crops OF
which there are SURPRISES.
One amendment by Senator Capper,
Republican, of Kansas seeks to insure
more definitely that the price OF crops
will not be depressed to world prices,
and another provides that the board
may make loans to cooperative asso-
Citations to pay off existing indebted
ness on physical marketing facilities.
Would Fix Interest Rate.
Senator Blaine, Republican, of Wis
consin proposes to eliminate the pro-
vision fixing the rate of interest to be
charged by the board for loans at 4
per cent and substitute a clause by
which the rate would be equal to the
lowest rate borne by any Government
obligation issued subsequent to the first
Liberty loan bonds.
Senator Steck, Democrat, of Iowa
has offered an amendment giving the
$25, 900 900 to assist in acquiring facili-
ties for the sale of corn stalks, wheat,
cat and rice straw, cotton and sugar
cane stalks The loans would be payable
within 20 years.