The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-08-26
SENATE QUITS
TO CONDUCT
FARLEY
Leaders Plan to ak
With President
On Deadlock
(Continued from Page -

an effort would be made to bring
an adjournment today, but did not
seem optimistic. SouthernerS were
still determined that they would
hold Congress here until the
House acted favorably on the r.
cent mandatory cotton loan which
was attached to the third de-
ficiency bill as a rider. Leaders
confessed that, as yet, they have
been unable to find a way out OF
the difficulty, but expected to
make some progress during the
afternoon.
Six of the Senate leaders rushed
to the White House. They were
Senators Robinson, of Arkansas;
Byrnes and Smith, of South Caro-
lima; Black, of Alabama; Harri-
son, of Mississippi, and Connaly,
of Texas. Indications were that
this group would comprise the
Senate representation, originally
announced as numbering Is, at
the conference.
President Opposed
President Roosevelt today told
congressional leaders that he can
not approve the 12-cent cotton
and 90-cent wheat loan "rider" to
the third deficiency bill.
The program called for defer.
ence of the third deficiency bill to
the House Appropriations Com
mittee with Chairman James P.
Buchanan CD of Texas, leading
the Administration fight against
the loan.
Congress may adjourn without
passing the deficiency bill which
carries $75,00O,000 to launch the
new social security program.
President Roosevelt, it was stated
authoritatively, believes he can
find funds elsewhere to carry on
the work until January.
The House may pass a new reSo-
luton for adjournment today,
again putting the issue up to the
Senate.
Buchanan's Comment
Asked whether he is acting in
accord with Mr.. Roosevelt. chair
man Buchanan said:
81 have reason to believe not
only that the President feels
this way but that many other
sensible men who face the facts
and act not for local political
advantage, but for the good Of
the country, feel this way"
Representative Buchanan was
advised by Chester Davis, AAA
head, that the loan program
would cost TOO hundred million
dollars. The Commodity Credit
Corporation placed the cost at
1000 millions. Representative
Buchanan asked:
eff we do this for cotton and
wheat, what reason is there for
the President not doing this for
five Other basic commodities in
the farm act?
IF we did that the cost would
be two billion dollars
RUIN FOR SOUTH
Representative Buchanan indi.
Gated the Administrations nine
cent cotton loan policy is designed
to recapture export cotton mar
.kets. He said:
ut will ruin the South to
keep the prize of cotton above
the world price for export. The
export market has practically
been destroyed.
"The Government has five
million bales piled up. If the
policy is continued another year
five million more will pile up.
What hope is there for the cot
ton producer under such con-
ditiOns?"
Compromise Studied
A compromise plan, under which |
the 12-cent cotton and 90-cent |
wheat loans would be knocked |
from the deficiency bill and a |
commission named to study the
question was being agitated.
Senator James Byrnes d. of |
South Carolina, who put the IL.
cent cotton loan rider" on the
deficiency bill, declared that all
compromise talk comes from
those who opposed the loans"
and declared:
There will be no talk of
compromise until the House has
been given an opportunity to
vote on this matter. No group
of few persons has the right
to prevent that.
Cali we asked is that the r.
cent loan program be continued
for year which a member of
the Senate said that the Presi-
dent had agreed to-"
The charge Of bad faith made
against President Roosevelt by
= Senator Bankhead CD of Ala
bama made the split of Southern
Democratic Senators with the
White House a serious party
matter.