Evening star., 1934-02-07
'FARMERSMAYGE
BILLION DURING "a
Farm Administration Plan
for Expenditures Is
Announced.

(Copyrisht. 1884. by the Associated Press)
The handing OF about q billion dol
lars to American farmers during 1894
as benefit payments for production
control and corn loans is planned by
the Farm Administration.
Offlcial estimates covering the
wheat, corn and hogs, cotton, tobacco,
and corn loans programs were dis
closed today to call for an estimated
expenditure of S766 5l2.6 SOS or more
than five times the s152,521,l77 spent
In 1888.
Meanwhile. officials OF the Farm
Administration have sent to the White
House a proposed amendment to the
farm act which. if adopted. would al
low the administration to license pro.
ducers-a rigid form Of compulsion.
Would Permit Agreements.
The Senate Agriculture Committee
mad agreed yesterday to report the
bankhead cotton bill after amending
it to place tax of IL cents a pound
on cotton ginned this year In excess
OF 100000 bales
The proposed amendment to the
$500 1NE "OOAd dlAON lIlG
to enter directly into marketing
agreements with producers. II such
agreements are to be made effective,
the administration would have to be
given authority to bind non-co-opera-
tors to observe their terms
Ohcials asserted it was drafted with
the idea Of applying it only to regional
crops. and that there would be no
attempt to put it into effect with such
major crops as wheat or cotton.
In addition to the loan funds avail
able, an emergency fund of $500, 900, =
600 would be provided for benefit pay
mentS to beef and dairy cattle farm
ers in bill passed by the House and
favorably reported by a Senate Com
mittee.
In addition. more payments to
wheat farmers under a now contem-
plated second acreage reduction would
bring the total we'll above sl,ooo,-
000, 600.
s3S6,310,440 in Four Months.
Officials revealed that only $500
100000 Of this would be paid out Of
-hs Treasury, if their plans carry
through, the balance being due TO
come from processing tax receipts.
Secretary Wallace even plans on re-
paying this sum out OF the proposed
processing tax on butterfat
About s38S,3l0 440 of the total 60
ing to farmers will be paid out during
January, February March and April,
under present plans-0f which $685.
706.250 will 60 to corn-ho9 farmers
of the Midwest
In May, June and July, officials
count on s3O,67o.185 being spent;
sl94, ,l9O,6S0 more during August, Sep
tember and October: and sl08, 1908, 780
more during November and December.
A sum Of s47,03261O also would be
distributed throughout the year, but
has not been allocated by periods.
According to the various programs
now under way. the total will be ex-
penoed as follows: Corn and hogs,
1867 .055 $50; wheat. s8l ,024.7 .724; cot
ton, sl73 .220 $40: tobacco, S3S,4l5, 900:
corn loans, s1o9.796,721.
Most Payments in West
or the corn loans. all but s99S,777
will be made 20 Midwestern farmers,
since practically all OF the surplus
corn available for storage under seal
is in those States.
Farmers in Midwestern States also
will receive lions share of the wheat
payments. $50, ,683.161. while those in
Western States will receive $2O,255,- .
AIS.
Southern farmers will receive Sl53.-
283,330 or practically all Of the
money to be spent on the cotton pro-
gram, and will receive most of the
tobacco payments, s33,o92,9se.