Evening star., 1933-03-17
Text of Presidents Farm Relief Bill
Rooy Emergency Measure Submitted Congress
Existing National Economic Crisis by Increasing Agriutuual
Purchasing Power.

nomic emergency in relation to agricul-
ture has been ended; and pending such
time the President shall by proclama-
ton terminate with respect to any basic
agricultural commodity such provisions
Of this act as he finds are not requisite
to carrying out the declared policy with
respect Of such commodity. The Secre-
tary Of Agriculture shall make such in
vestigations and reports thereon to the
President as may be necessary to aid
him In executing this section.
Sec. IA. If any provision Of this act
Is declared unconstitutional, or the ap-
plicability thereof to any person, circum-
stance. or commodity is held invalid the
validity Of the remainder OF this act
and the applicability thereof to other
persons, circumstances, or commodities
shall not be affected thereby.
Supplementary Revenue Provisions.
Sec. IS. (a) If the Secretary Of Agri-
culture finds. upon investigation at any
time and after due notice and oppor-
tunity for hearing to interested parties,
that any class of products Of any COM
modify Is of such low value compared
with the quantity Of the commodity
used for their manufacture that the
imposition Of the processing tax would
prevent in whole or in large part the
use Of the commodity in the manu-
facture of such products and thereby
substantially reduce consumption and
increase the surplus Of the commodity,
then the Secretary of Agriculture shall
SO certify to the Secretary of the Treas
ury. and the Secretary OF the Treasury
shall abate or refund any processing
tax thereafter imposed with respect to
such amount Of the commodity as Is
used in the manufacture Of such
products.
+ CD No tax shall be required to be
paid on the processing Of any commod-
ity by the producer thereon on his own
premises for consumption by his own
family, employees or household.
(c) Any person delivering any prod
uct to any unemployment relief organ
ization for charitable distribution or use
SHALL If such product or the commodity
from which processed, is under this act
subject to tax, be entitled to a refund
Of the amount Of any tax paid with re-
spect to such product or commodity.
Cd The Secretary of Agriculture
shall ascertain from time to time
whether the payment Of the processing
tax upon any basic agricultural COM
modify Is causing or will cause to the
professors thereof disadvantages in
competition from competing agricul-
tural commodities by reason of excess
sive shifts in consumption between such
commodities or products thereof. If the
Secretary OF Agriculture finds, after in
vestigaticn and due notice and oppor-
tunity for hearing TO interested parties,
that such disadvantages in competition
exist, or will exist, he shall proclaim
such finding. The Secretary shall
specify in this proclamation the COM
peting agricultural commodity and the
compenSating rate of tax on the pro-
cessing thereof necessary to prevent
such disadvantages in competition.
Thereafter there shall be levied, assess
ed and collected upon the first domestic
processing Of such competing 'agricul-
tural commodity tax, to be paid by the
professor. at the rate specified, until
such rate is altered pursuant to a
further finding under this section, or
the tax or rate thereof on the basic
agricultural commodity is altered or
terminated. In no case shall the tax
imposed upon such competing agricul-
tural commodity exceed that imposed
per ike unlt upon the DdSlc agricultural
commodity. The term competing agri-
cultural commodity" shall include, among
others, rayon. silk, linen, and oleomarg-
arine, and any basic agricultural COM
modify as to which tax is not in effect
under section 9.
Floor Stocks.
Sec. 16 (a) Upon the sale or other
disposition Of any article processed
wholly or in chief value from any COM
modify with respect to which a pro-
cessing tax Is to be levied. that on the
date the tax first takes effect or wholly
terminates with respect to the COM
modify. is held for sale or other DISPOSE
ton dncluding articles in transit) by
any person other than a consumer or a
person engaged solely in retail trade,
there shall be made tax adjustment as
follows:
Cd Whenever the processing tax first
takes effect, there shall be levied. as
sesssd and collected tax to be paid by
such person equivalent to the amount
OF the processing tax which would be
payable with respect to the commodity