The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1929-06-14
DEbENTURELESS ACT
APPROVED BY JOINT
CONFERENCE BODIES
Acceptance by Senate and SiQ.
natures Of Curtis, Long.
worth Will End Action
Debenture Advoc Turn
Energies to Inserting Plan
in Tariff Measure

washington. June 14.-(PeLeKis-
lative action on the farm relief bill
was completed today by senate and
house acceptance of the compromise
measure. from which tie export de-
benture plan was eliminated, and it
now goes to President Hoover for
signing.
This action at the capitol followed
q decision earlier In the day OF the
joint farm conference committee rec
ommending elimination of the de-
benture proposition as result of the
overwhelming house vote against It.
With the disposition of the farm
question. congress cleared the legis-
lative slate Of the main task for
which it was called into extraordi-
nary session by Mr.. Hoover.
The bill as enacted resembles close
~ the original house measure, which
had the endorsement Of the chief
executive. This led to predictions
from practically all quarters that the
measure would receive prompt sig
nature by the president.
Senate Vote Delayed
House approval Of the compromise
bill was perfunctory, but the senate
vote was delayed by protests from
senators who favor the export de-
benture plan. No roll call vote was
taken in the house. The senate vote
on the joint conference report was
10 to 8.
Three republican and five demo-
cratic senators voted against the
1NNn
Wisconsin: Norbeck. South Dakota,
and Pine, Oklahoma, republicans, and
Blease, South Carolina. Caraway,
Arkansas. Copeland, New York.
Walsh, Massachusetts, and Wheeler.
Montana, democrats.
Steps were taken Immediately for
Vive-President Curtis and Speaker
Longworth to sign the measure SO it
could be sent forthwith to the presi-
dent.
Seek Tariff Outlet
More is to be heard from the advo-
Gates Of the export debenture plan
even though it has been eliminated as
an issue in farm relief legislation.
Their plan, since it became ap-
parent weeks ago that no farm meas
ure which included debentures was
likely to be approved, is to try to put
the proposal into the tariff bill In the
senate.
House administration leaders assert
the attempt will prove futile. They
take the position that the vote in the
house yesterday, $50 to 113 against
debentures, settled them for the re-
mainder of the session.
May Modify Proposal
This view Is not shared. however.
by those who favor the plan in the
senate. A movement already is un-
der way to modify the proposal in the
hope Of gaining support for 1t in the
house. Senator Brookhart. republican.
Iowa, intends to propose the revenue
from debenture certificates be given
only to stabilization corporations
which the federal farm board will Be
authorized to set up under the terms
of the farm relief bill.
Chief objection to the debentures
centered in the belief the farmer
would never obtain the full benefit Of
money derived from their use. Presi-
dent Hoover contended they would
benefit spectators but prove ruinous
to the farmer.
Senator Brookhart and other deben.
ture advocates now contend that.
through issuance of debenture certif-
icates directly to the farm board, the
farmer would benefit through his
direct control of the sterilization
corporations.
Will Circulate Votes
A number of the house farm leaders
who asked for defeat Of the deben-
ture section in the farm bill. hold that
the Brookhart proposal is unaccept-
able, but others declare that before
a vote on putting the plan in the
tariff bill can be taken, many repre-
sentatives will circulate in their dis
tricts and may change their present
opinions.
The view is held among both ad-
r,inistration and debenture leaders
that the outcome Of any attempt to
put debenture in the tariff bill win
depend largely on the success the
federal farm board attains in the first
months Of its work.