The people's voice. [volume] (Helena, Mont.) 1939-1969, 1954-08-27

Dei.) tried to put a penalty tax on
some forms of coop refunds. By
resounding voice vote, the Senate
refused to go along.
FARMING-Congress came W
with flexible price supports. They
fix sliding scale prices for five basic
farm crops at 80 70 20 to 900 of
parity. The higher the surplus of a
crop, the lower its support price. The
law also "insulates" from the market
q $2A billion farm surplus, provides
gradual transition to a new parity
formula $50 below the old one, adds
fluid milk and Irish potatoes to prod
ucts eligible for price supports, gives
wool growers direct production sub
sides, extends USDA authority to
pay farmers for certain soil conser-
walton practices until 1856, and puts
agriculture attaches abroad under
USDA instead of the State Depart
ment.
HOUSING-The 1949 Housing
act called for 1850 public housing
units year for six years, but mate
rial shortages born of the Korean
war cut this sharply. Eisenhower
asked Congress to authorize 80, 600
public housing units a year for four
years. Legislators gave him authority
for only one year, then threw in so
many restrictions that public hous-
ing is almost dead
Congress wouldn't recreate the post
If coop housing commissioner, though |
coop housing has been most popu-
lar. The new law also cuts down pay
ments on new homes, especially for |
veterans
CREDIT-Federal credit unions
low may make interest refunds to
heir members. Many state-chartered
,redit unions have done this for
years.
Congress authorized the II region
Il banks for co-operatives to sell
notes to the public as a way to retire
capital. The Central
Bank for Co-operatives here has been
bile to do this for some time. The
ills object is to turn the banks over
0 coop borrowers as quickly as gov
capital can be paid off.
. HEALTH-The House killed Ell
enhower's plan to reinsure sickness
olicies involving exceptional risks
ot now covered out of S25 million
ederal fund. Congress dropped other
proposals. to push hospital construc-
ion and rehabilitation.
WORLD TRADE-The president !
sked for 3-year extension of the
eciprocal trade agreements act with !
to lower tariffs So each I
ear 1t would, he said, stimulate
-orld trade. He backed down on the
equest, said he was willing to settle ?
Or straight 1-year extension, and /
OF it. His first act under the new
wv was to raise tariffs on Swiss +
atches. t
ST. LAWRENCE SEAWAY- y
fter so years debate, Congress IL
kayed cooperation with Canada in II
uilding the ST. Lawrence seaway.
lans include channels deep enough L
, ocean-going ships can get as far p
; Toledo, Ohio - "half-way sea-
ay." 2
AID TO EDUCATION = The t.
'deral government can join in edu- S
ltion research, hold a White House e.
Inference on education after SINH f;
+ state conferences, and create an f;
iucation advisory group. But it got el
} money to build schools. 2,
FOREIGN Congress told m
oreign Operations Administration to w
lit next year, and cut the presi- b,
,nt's funds request by $777 Million
also halved United Nations techni- e,
j assistance funds so they'll last pl
lily until December 81. T.
Economic aid to the Near East, fC
africa, South Asia, and Latin fl
America was cut from the 1924 w
nillion Eisenhower requested to OF
185 u million. Military assistance
rom SIP million to $1O5 million. gc
Military assistance funds were in