The Bismarck tribune., 1929-04-17


I tOfficiaI City. State and Coun'y Newspapes)
THE MESSAGE AND FARM RELIEF
On subject which has been controversial and gives
evidence of possibly becoming such again. President
Hoover spoke Tuesday his message opening the spc-
cia session Of the congress- with leadership and
! restraint to farm relief.
That is, he sounded the the task showed
the need of doing something for industry the
nations welfare wisely the formulation of the
remedy to the lawmakers There no suggestion Of
dcation in what he said OF the stress OF agriculture
He handed down ready-made plan. No lawmaker
was asked to be rubber stamp The way is left open
to the statesmen Of the house and win fame
inconcevably by formulating a magic solution though
not nconceivaby by some practical workable start
by farm board and revolving fund naugurate or
derly production and marketing in place present
! surplus Of one crop and deficit OF another.
Most members OF congress shown by their comment
IN the newspapers agreed that sane prcsenta-
ton Of the matter which the president made and was
therefore good message. It message which full
filled the constitutional requirements in the situation
The president charged conditions inviting or re-
quring legislation before the attention Of the congress
and to suggest action The business Of writing leg
ation and enactng it is the province the lawmakers
The distinction concsely and mctculously observed
!: by the president.
The prospect that measure shaped on the proposal
Of farm board with revolving fund to use toward
striving for orderly marketing system will become
the main project before the lawmakers there also
some possibility Of attempt to put another plan
which II It does not command support necessary for
actent, be made the device for political capital
Adroit politicians according to the Washing
ton are seeking for just such medium OF opposition
The president however rather conuted these by
mending plan against which partisan hostility could
concentrated for factonal advantage or party dvi-
! sion.
II any other plan gains conspcuousncss in the rivalry
of proposals be that OF the debcntre Device which
Is IN effect. bounty plan. This has been receiving
increasing prominence in the and comment from
the capital and there is asserted be disposition on
the part of radical and Democratic leaders to back
It as an opposition measure to board pan the farm
board idea being credited with having tho sanction OF
President Hoover.
The debenture plan links up the idea of bounty and
the tariff BY making the proposed crop surplus
ture certificate not payable in by the gov
ernment but applicable to redemption in payment Of
tariff duties. 1t would thus become an instrument OF
financial barter bought up at discount commits
sion from the exporter by traders import goods
and have duties to pay
TO begin with. it is proposed that government COM
mission would decide that certain premium should be
paid certain exports thereby being enabled to reach
the farm surpuses II the commission should decide
that this premium should be so hushe on wheat
the exporter would pay the grower approximately so
cents bushe above the normal market price for his
wheat knowing that he would this amount back
from the The effect this would be- it is
held to advance the price OF all wheat so cents bushe
Tor the local trade would not pay the price, export
trade would.
The exporter say, of wheat receives a debenture
certificate for the premium amount due his cxporta
ton and he has for the certificate in payment
Of any duties imports he can vend 1t to someone
who so use it. In operation the indirectly the
RnVn fk1n AnA
cash. except for commissions shaved off in the transac
ton by which the debentWe certificate is casl1ed
On the house side the debenure plan found hardly
any favor The house agricultural committee has re-.
5ected It, II to 4. But the senate side some of
the agricultural committee members have definitely
turned to the plan part Of the farm relief plan In
place Of the equalization fee.
While there is yet certainty that majority has
been won It Is the opinion Of many committee men,
beES that the plan has excellent chance of becoming
part Of the senate farm bill unless President Hoover
declares against it,
Senator McNary Of Oregon has taken no stand on
The plan.
It i the opinion of Senator Ceraway that with the
debentre plan In the measure the agricultural problem
would be solution than 1t ever was He Is In.
cned to believe that President Hoover would not veto
bin with the plan in It, it were provided that the
proposed farm board could invoke the plan at its will
rather than be forced to use 1t.
oenator Norbeck has declared that il the equalization
to could not be put into practice the debentre plan
was the only way to solve the export surplus problem
Henaor Hefin said the debenture plan should be made
: majse part Of the farm bill.
A LEGACY THAT ENDURES
1say man would HE to be able to leave his children
Z cumfcgtabls fortune his death There i great
akacfon II being able 70 feel that ones family win
01pg - p1nehed tx money.
- fheEs = smother kind of lsgacy man can leave
= n6 TIT = much raz9 Ut infinitely mceo satisfyiug
nte 1CeN York ths othM day There came a VISIT !
}ht~95ek muing little lady a T7-who. 1or III that
~ yic roceived from hss father one o. the finest
Nosnan cou1d wiah for.
e II ~ dallgtt9 - 1tephen Collins Foster. who
11oh sun6s - 1oWnnee River" NY Old Kan