Evening star., 1933-01-31
ROB|NSONDEMANDS
QUICK FARM RELIEF
Appears Before Subcommit.
tee to Urge Passage of
Emergency Bill.
BY the Associated Press

BY the Associated Press
Prompt passage of an emergency farm
relief program, designed to suspend
foreclosures and ease the agricultural
mortgage credit situation, was urged
before Senate Banking Subcommittee
today by Senator Robinson of Arka nsas
the Democratic leader
Appearing to give an explanation oi
a farm credit measure sponsored BY
him. Robinson told the committee the
current Congress time was so limited
1t may be found impossible to work out
and pass at this session . permanent
measure relating to farm mortgages
In that view, 1t Is suggested that
the committee give consideration tc
preparing and passing an emergency
measure" Robinson continued, pend
ing the enactment of more permanent
legislation.
If foreclosures can be suspended. the
committee and Congress can take more
time to work out q more permanent
program"
Allotment Plan Scored
Meanwhile, at the Senate Agriculture
Committees hearing on farm relie!
plans, the statement that the allotmen,
plan would place wheat, bread anc
pork too high in the Nations cupboard
for the consumer to reach them, wa.
made by miller and live stock associa.
tions
This committee was told by Fred J
Lingham of Lockport, N. Y, represent.
ing the Millers' National Federation
that the public would turn to substi.
would result in the cost of wheat flour
Shortly before, Will j. Miller Of To.
peka, Kans, had expressed the oppo-
sition Of the Kansas Live Stock Asso-
citation to the bill as it relates to hogs
expressing fear the bill would force uI
the price Of pork so high a large part
Of the hog production would become
unstable.
Before the banking group. Senator
Robinson suggested that as an emer-
gency measure for easing the credit sit.
uation the committee consider favor
ably the bill Of Senator Hull, Democrat
Tennessee, providing for
A two-year moratorium on farm
mortgage payments. interest and take:
delinquent IL months or longer
Authority for the Reconstruction Fl
nance Corporation to lend up to 1,000,.
100000 to help tide farmers over the
emergency.
Sees 100000 Tax Defaults.
Hull has estimated that without such
action 10000 farmers will default ir
their tax Dayments due for 1892 "bank.
rupting State and local governments
in the agricultural areas.
Robinson explained to the committee
his own more permanent bill, which
would set up $1,000. 900, 900 agricul'
tural refinance corporation to reflnance
farm mortgages at per cent interest.
Other points he stressed In connec.
ton with the measure were that 1t pro
vided for:
Stopping foreclosures by providini
for composition and extension Of tn
farmers debts.
Strengthening the land bank system
to permit extension of mortgages.
Reduction Of interest rates ant
amortization Of farm debts over ,
longer period.
An, agency for liquidating joint stool
land banks so their obligations could bt
taken over by the Federal land banks
Hull told the committee he though
It should decide soon whethe to confin
its present considertion Of farm relic
bills to the emergency or more perma
nent proposals, but no decision yet ha
been reached.
In his testimony before the Agricul
ture Committee, Miller said he ha,
mot yet found hog feeder or farm