The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1931-02-20
he would, or would not make loans
for the purchase of food.
HvL1e's Final Interpretation

he would, or would not make loans
for the purchase of food.
Hykfe's Final Interpretation
The administration supporters,
with the assistance of Robinson,
had succeeded In mastering enough
votes to pass the compromise, but
they could not resist Borah's sug-
gestion. 1t was unanimously
adopted and the senate adjourned
to await Secretary Hyde's reply.
The secretary was out of town
but he wired that in his opinion
there was nothing in the compro-
mise to prohibit loans for food,
clothing and medicine" but he said
nothing about making loans for
those purposes.
Instead, he reiterated his view
that the Red Cross is taking care
of the needy farmers. Norris said
that the Hyde message reminded
him of the Wickersham report on
prohibition.
While Mr.. Hyde's reply is fan
from satisfactory TO many sena-
tors, there is every reason to be-
lieve that the proposal will 20
through.
Governments Terms Harsh
If Mr.. Hyde administers the
compromise" as he has the $45,.
100000 appropriated to provide
the drouth-stricken farmers with
loans for the purchase of seed
fertilizer and food for work ami
mails, it will be of slight benefit
to those who are in greatest neeC
of help.
According to reports from the
drouth areas, the government i
refusing to make loans unless i
can secure a first mortgage on tn,
farmers crop. AS the farmers
have already placed mortgages OF
everything they possess, or hops
to acquire, they find it Difficult
TO meet Uncle Sans terms.
Those southern senators who ar,
supporting Robinson argue, how
ever, that the compromise" will
cause the administration to ASSUME
a more liberal attitude, and tina
regulations will be materially mod
flied.
Wall Street Speaks
While Mr.. Couch played the sta
role in bringing about the triumph
of the administration, he is no
entitled to all the credit.
At about the time Mr.. Croucl
appeared on the scene, that small
group of rich men in New York
who contribute to democratic cam
paign funds, began dropping int
Washington. They warned tn
democratic leaders in the senat
not to force an extra session an
made it clear that "Bi0 Business
wants the meeting of the nev
congress postponed as long as tn
constitution will permit.
1t is high time the country be
came better acquainted with M
Couch. He is "big potatoes" i
more ways than one.
Mr.. COUGHS Holdings
: He has a firm grip on the pow
/ er situation in Arkansas, Louis
: ana and Mississippi; is a directo
: of a number of powerful bankin
: institutions, owns railroads an
: dabbles in newspapers and is sal
} to dominate the regular" demo
cratic organization in Arkansas.
, Sen. Robinson's law firm count
: Mr.. Couch among its most value
! clients.
. According to Martindale's diret
tory of attorneys, the senator is
I member of the firm of Robinson
: House & Moses in Little Rock, an
, among his clients are: The Adkar
t sas Power and Light company, tt
Louisiana Power and Light Co., tt
: Mississippi Power and Light con
: pany, the H. L. Doherty & CO
: one of the most powerful of til
' power trust group; the Little Roc
r Gas and Fuel company, the Soutl
ern Ice and Utilities company an
the Southwest Telephone compan,
In addition the firm takes cal