Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-22
BROOKHART TOPUSH
DEBENTURE PLAN
Believes Proposal Has sex.
ceIIent Chance" in Both Sem
ate and House, He Says.
BY the Associated Press.

BY the Associated Press
Upon his return to the Capital after
an extended tour through the East and
West, Senator Brookhart Of Iowa, one
Of the Republican independents, who
last Winter unsucceSsfully sought incor-
poration Of the export debenture plan
in the farm relief act, said today he be-
lieved there was IAN excellent chance"
for writing that proposal into the pend
ing tariff bill
There is not only chance" he add
ed. "of the debenture being adopted by
the Senate. but also is a good chance Of
It's being adopted by the House."
The Senate membership. which will
enter upon it's debate September 4.
will have the larger part Of the next
two weeks to study the House measure
as revised by the Senate finance COM
mittee Republicans in preparation for
the long struggle to come.
The committee majority had only a
few minor administrative provisions to
act upon today before completing its
task Of rewriting the bill. Meanwhile,
predictions were increasing that final
congressional action on the measure
could not be completed before the end
of the special session and that the de-
bate would extend into the regular
session beginning in December. with
prospects that final enactment would
be further delayed in that event.
Nf he
have been made available to the Demo-
cratic members of the committee, who
had no part in rewriting the measure.
and the administrative sections Will
be ready for their consideration at
The meeting called for tomorrow 70
begin planning for the contest that will
get under way two weeks from now.
Presidential Power Upheld.
In its revision of the administrative
section, the committee majority, after
approving House provisions to enable
the tariff commission to consider COM
petitive conditions as we'll as productlon
costs in determining bases for 1mposts,
voted to retain the presidential power
to advance or reduce rates as much as
so per cent, but rejected proposals 10
increase the commission membership
to seven and to eliminate the present
laws provision that not more than
three could be members OF the same
party.
It also inserted an amendment by
Senator Reed, Republican, Pennsylvanla,
to base ad valorem rates on american
instead of foreign values. which, ne salo'
would not change the measure OF pro.
lection in the slightest degree, OUT
would merely speed up the commission
work of determining values and elimi-
nate differentiation frauds.
Senator Simmons of North Carolina,
who. as ranking minority member. call
ed the Democratic committeeman
meeting tomorrow, explained that we
do not contemplate offering subSti-
tute for the entire BILL" but intend TO
prepare a number of amendments ana
for amendments TO De spon-
sored by the majority members. AMEND
ments offered in the Senate by commit
teemen have priority, and substitutes
must be disposed of before they can be
voted on.
SpecuIates on Time.
The Democratic tariff leader is among
those who have begun to wonder wnetn-
er the bill can be enacted before the
end of the special session.
,"I thought at first that we may get
It out of the way by mid-November."
he observed, but doubt now whether
we will complete it at the special session
unless some restrictive or revision lin
itation resolution is adopted"
Several resolutions intended to limit
revision of the present tariff act to ag-
ricultural and related products have
been prepared, but the extent OF sup
port they will command has not been
disclosed.
Rejection of the House provision
placing the power In the Secretary of
the Treasury to act as final arbiter Of
appeals from customs appraisals as they
AFFECT valuations was voted and the
committeeman approved restoration Of
this power to the jurisdiction Of the
Customs Court.