The Bismarck tribune., 1929-04-18
long as no tariff duty is imposed on
House Refuses Debenturs

long as no tariff duty is imposed on
cotton.
House Refuses Debenture
While the senate committee still
was In consideration Of the iucorpor-
alton Of the export debenture plan In
the bill, the house definitely had
turned thumbs down upon this pro-
posal. III its report. the house conf
mittee declared 1t believed that this
program avoids the difficulties on
which past legislation has been
wrecked"
1T is so clearly constitutional that
We feel It unnecessary to attach
brief to that effect. It offers no sub
sidy, direct or indirect. The govern
ment is not placed In business There
Is no hint Of price fixing or arbitrary
price elevation. It requires no elabor-
ate machinery and creates no power
ful bureaucracy. It imposes no tax
upon the farmers. It contains no
economic uilsoundness.
1T does propose to furnish tenn
porarily the capital upon which agri-
culture can organize to own and con-
troll its own business; without assum-
Ing control over the farmer 1t enl-
braces all agriculture: it offers the
maximum help the government can
give: 1t contemplatcs the stabilization
Of prices"
VIII License Shippers
In addition to tariff revision and
waterways development, the report
listed among the other steps con-
templated in the program for helping
the farmer, legislation license OF the
shippers and handlers Of perishable
products, improvement in the regula-
tions Of canning practices, the Oleo-
margarine laws and the warehouse
laws.
I'VE also intend to make . COM
plete survey of the forestry program
to which the government is already
committed" 1t said,. with q view to
determining whether this cannot be
80 operated without substantial ad-
ditional expense to the government as
to produce the withdrawal back into
forests OF lands which have been de-
nuded Of their timber and are now
sub-marginal agricultural lands. thus
at one and the same time reducing
the surplus problem and aiding the
reforestation Of the nation"
Previously Considered
Most Of these legislative proposals
have been placed before the house at
various times In the past, and except
for the forestry suggestion. have been
previously considered. The latter has
been the subject Of study by several
members. OF the committee during the
last few weeks. and probably will be
worked into definite legislative form
within q short time.
The committee report went into
great detail regarding the workings
Of its general farm bill, which would
create q federal farm board with
e600. .000. 900 - . revolving fund at It's
disposal for loans to cooperative
marketing associations and stabiliza-
tion corporations. The farm board
would have the broadest powers lever
conferred by the government upon
any agency to guide and assist any
group Of citizens" it said. adding
that I'VE are proposing q practically
complete exemption to the organiza-
ttons OF agriculture from the opera
ton OF the antitrust and monopoly
statutes"
Places Faith In House
Although the executive has adhered
to his "hands off" policy. and no word
on the administrations view Of the
debenture plan has ben given, Mr..
Hoover is regarded In some quarters
Is placing his main reliance In the
farm relief discussion in the house.
Republicans In the senate are di-
vided on the national origins Clause
Of the immigration act. which Mr..
Hoover wants congress to suspend,
and on the desire Of the president to
have tariff revision limited principal
" TO the agricultural schedules.
Senator Nye, Republican, North
Dakota, has drafted bill to meet the
presidential suggestion for . suspcn-
sion Of national origins provision, but
Senator Reed. Republican, Pennsyl-
vania, has served notice OF . fight to
the end against such . move
Senator johnson. Republican, Cali
4O61111s CS130I0WU Oh bS14 11IUl&GHtlOu
committee, announced today he would
call the committee together 'immedi-
ately" to consider the proposal for
suepehdine the national origins pro-
vision. .s:..sss....is Z
Red Opposes Revision
Senator Reed also has declared
against any attempt at ''limited' tar
1T revision. He announced after the
reading Of Mr.. Hoovers message to
eonexUoS thAt he would not consider
himself bound to any limited tariff
program and would support moves for
upward revision Of any rates regarded
- necsasaTy. whether IN agriculture
Or industrial classes.
Tho dsclaration Of Red. who Is I
member Of the finance committee,
brought Into the open the talk In the
senate Of = revolt for. general tariff
rovision.
Thus. ia the early days of his ad-
ministration, the president finds him
self facing Z fight with leaders Of hia
Marty In the est On lunnaiGrnkion and