The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-03-19
Measure Would Attempt to
Stabilize Prices by Taxing
0ver.Production
DELAY ACTION ON SILVER
Philippine independence Bill Il
Rushed Through Without
Record Vote

Washington. March ls.-(R-The
cotton control bill was
passed Monday by the house. It now
goes to the senate.
The house count was ISL to ia.
It's advocates urged enactment on
The ground that 1t would be . boon to
cotton producers and opponents bas-
ID their objection largely on the COM
pulsion principle.
Designed to stabilize cotton prices,
the administration measure would
limit production In the coming cot
ton year to ten million bales and levy
, tax Of so per cent Of the market
value on staple produced In excess Of
quotas allocated to producers.
Termed IN emergency measure, It
would have . life Of two years and
could be extended . third year by
proclamation.
Production In the second and third
years would be fixed by the secretary
Of agriculture, provided two-thirdS Of
the growers approve continuation Of
the law. The president would be en-
powered to suspend 1t ct any time.
Delay Action a Silver
House action on the Tesingef bill
for the purchase Of billion and .
halt ounces Of silver was called off
BY Speaker Rainey 1t the request Of
President Roosevelt.
This was made known by Speaker
Rainey at press conference shortly
after Secretary Morgenthau said Pro-
lessor James Harvey Rogers OF Yale
was going to China to study the stl-
yer situation.
The house planned to vote; how
ever, on the Dies bill providing for
the acceptance Of silver imports at
IS per cent above the world price in
exchange for agricultural exports
from the country.
Rainey said he had conferred With
the White House and the president
told him Of the plan to send Rogers
to the Orient.
He said President Roosevelt would
make an announcement Monday on
the silver situation.
Filipino 6ill Passes
The McDuffie- Tydings Philippine
independence bill also passed the
house Monday and was sent to the
senate.
It would grant the Philippines un-
til Oct. / to organise republic.
There was no record vote In the
house.
President Roosevelt requested the
legislation, somewhat more liberal
than the lapGed Halves Cutting act
but embodying most Of its important
features. Favorable senate action Is
expected soon by administration fol-
lowers.
The senate turned its attention to
q bill to guarantee the principal Of
$4,000 900 900 In home loan bonds. Ac-
tion was centered first, however, on
an amendment by Senator Norris
(Rep., Neb) to remove weight from
political recommendations - to the
personnel Of the Home Owners Loan
corporation.
In the background Of these meas
ures stood the even more controver-
sial veterans benefit and federal sal
airy amendments to the independent
Offices supply bill. senate-house con-
ferees expect to meet early In the
week. Indications pointed to house
reductions Vinnin0 mt
6wathed In more conflict, the re-
c;procal tariff bill will be brought into
the house later In the week.
The senate voted Monday TO bar
politics in appointments to the Home
Owners Loan corporation after Sena-
tor Norris (Rep.. NebJ had termed
tEat organization . political machine
rotten to the core"