Evening star., 1933-04-15
Ready to Vote on Silver
and Reconciliation
Amendments.
FINAL FARM PROGRAM
ACTION TO BE DELAYED
Credit Expansion Rather Than
Currency Is Declared Favored
by President Roosevelt.
BY the Associated Press

BY the Associated Press
The currency imitation issue was def
nitely before the Senate for determi-
nation today, with Democratic lead
ers predicting defeat of the expansion
proposals when the votes are taken,
probably late this afternoon.
Topping off increasing congressional
talk of imitation as the needed step
to start real march toward busi-
ness recovery, Senators Long, Demo-
crat, of Louisiana, and Wheeler. Demo-
crat, of Montana, moved to add silver
to the currency by amending the
Roosevelt farm relief program.
The Senate was driving ahead with
the price-lifting section of the farm
bill today, and votes on the Long and
Wheeler amendments were due before
that section is disposed of. Long pro-
posed the purchase of $1,000 900 in
silver, against which currency would
be issued. Wheeler advanced as
substitute for Longs plan the remoneti-
zation Of silver at 16 to with gold.
Robinson Sees Defeat.
Indications were that any infiationary
scheme that President Roosevelt might
approve would be toward credit in
flation rather than currency. Senator
Robinson of Arkansas, the Democratic
leader, predicted defeat of the Long
and Wheeler moves. He added, how
ever, that such vote would not mean
that the Senate was against imitation,
but that imitation should be consid-
cred separately and reported on first
by committee.
Imitation was recommended to the
Senate by its Agriculture Committee
In reporting the Roosevelt farm pro-
gram. The committee argued that cur
rency expansion was the only hope
for substantial and permanent relief
for agriculture"
Mr. Roosevelt himself is moving to
counteract defiation by creating more
Jobs and holding up wage levels. His
aides are rounding into shape q huge
public works program involving several
billions. Federal wage boards may be
set up to stop severe wage slashes.
Farm Program Delayed. -
The more than score of amend
ments, including the various infiation-
ary proposals, will delay final vote in
the Senate on the administration farm
program until Tuesday or Wednesday
of next week.
BY agreeing to finish the price, lifting
section of the bill before going into
the farm mortgage refinancing section,
the Senate put off for a time a deci-
sion on the amendment by Senator
Frazier, Republican, of North Dakota,
which would refinance mortgages at
112 per cent interest through a bond
issue, with the stipulation that If a
ready market is not found for the
bonds. they shall be converted into
currency to finance the program.
Vote Is Baked.
The vote expected yesterday on the
Frazier proposal was baked by general
debate on the bill as a whole largely
because OF long speeches by Senators
Bankhead, Democrat, of Alabama: Fess,
Republican, of Ohio, and Capper, Re-
publican, OF Kansas.
Bankhead and Capper indorsed the
farm measure, while Fess opposed it, at
one time remarking there isn't fun
damental principle under which we
have ben operating that this bill doesn't
fiolale, ana Indt IL WOulo create a
bureau equal to if not greater than any
in Washington"
Amendment by Robinson was adopt
ed to change the date for making the
proposed processing tax effective. The
change which Robinson explained was
recommended by the administration,
would make the tax effective at the
beginning of the marketing year after.
it was proclaimed, instead of taking
effect Immediately, as set forth in the
bill
Robinson said this was sought so
the farmer could get the benefits and
provide time in which the consuming
industrial areas. through advantages
expected from increasing farm buying
power, could be enabled to meet the
increased prices.
On completing work on the COM
modify provisions, the Senate will turn
to the mortgage plan sent from the
White House and passed Thursday by
the House as an individual bill. This
provides for refinancing farm debts at
Az per cent interest through a S2.000,-
100000 bond issue and S400, ,000, 900 in
other funds