Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-15
Proposed Debt Suspension
Brings Suggestion of Aid
by Government.
| WATSON WANTS BOARD
TO KEEP ALL HOLDINGS
Farmers in Indiana Plan to Feed
Crop to Live Stock. He Says,
! at rs Cents Per Bushel.
BY G. GOULD LINCOLN.

Oficial Washington looked with in
terest today on proposals, emanating
from the Southwest, for a debt mora
forum for wheat farmers
Members of Congress and officials of
the executive branch of the Govern
ment were unable to see just how the
Federal Government could bring about
such q moratorium, since the debts of
the farmers have been contracted with
private banks, manufacturers of farm
implements and other private business
concerns.
Only in two directions it. was sug
gested, might the governmental agen-
cies help in the wheat farmers debt
situation One was through temporary
relief granted by the Federal Farm
Loap Bureau, the farm loan banks and
the intermediate credit banks
Banks May Extend Credit.
These agencies, set up BY the Gov
eminent, through which credit has been
extended to the farmers. it was said.
might permit extensions of credits
where farmers were unable to meet
either mortgage payments OF payments
tons or crop production.
! Suggestions already have been made
by high officials of the Government
it was said, to the Federal Farm Loan
Bureau that credits to the farmers be
| extended where farmers were unable to
make payment of mortgage loans. And
the opinion was expressed that the
policy of the bureau was TO deal Us
considerably with the farmers as pos
sible.
| Curtis and Capper Plan.
II there is to be a general moratorium
| for the farmers in the Southwest who
are now harvesting or have harvested
their wheat, with the prices hitting as
low as 25 cents a bushel In certain
places in Kansas, Oklahoma and Texas
the opinion was expressed that such
relief would have to come through the
banks and through the business con-
Germs which have extended the farmers
credit and have taken as security liens
on their crops.
Vice President Curtis and Senator
Capper Of Kansas Still are working or
plan to aid the wheat farmers il
their section. The Vice President Saic
today he had received q telegram from
Senator Capper saying it might be g
matter Of several days before he coulo
| SdbleT I'll Tie dIC
the assent OF some of the farming COM
munities to make the plan operative.
Watson Wants Wheat Held.
The Vice President said that under
| the circumstances he would not at this
time discuss the details OF the plan
which he and Senator Capper have in
mind Chairman Stone of the Federal
Farm Board called upon the Vice Presi-
dent at the Capitol Yesterday afternoon.
and 1t had been the hope OF the Vice
President to have in hand at that time
all the data necessary to Law the plan
before the Farm Board chairman
, Senator Watson. Republican leader OF
the Senate. said today that he still stuck
to his original proposal that the Farm
Board should withhold all OF its whea t
from the market for at least the next
four months
The announcement of such a policy
! by the board" Senator Wa tSon said. lis
the only way in which l see the wheat
farmers can be aided now The trouble
is that there is too much wheat II the
board sells any OF its holdings. OF II
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