Show FARM FARr SURPLUS ACT PROPOSED Democrat and Republican J In Offering Com Coin Corn Measure suro WASHINGTON Jan 7 Dy 7 ByThe The Associated Press Tho Press The surplus act of ot 1927 1937 a two party two measure appropriating and designed to effect relief relict to all nil agriculture has come I tOn forward In congress SOUGHT The rime bill sponsored by Senator Curtis Republican floor leader and Representative Crisp Demo Demo- Democrat Democrat Democrat crat Georgia Is believed belle by the tho authors to be bo a composition of ot all 11 the tho bills thus far tar offered and has been Introduced In the tho senate and ancl house In an attempt to bring an early agreement on the question which has hils so long found members at loggerheads What status the tho new bill will be given 11 Ir in the com com- committees remains to be bo seen Th The committee which voted yesterday esterday to side Ide track tho the Mc- Mc Mc Nary Me-Nary-Hauzen Nary Nary-Haugen m measure asure until next Tuesday had planned today to consider the ell Aswell bill which omits the provision contained tn inthe the tho former Cormer for Cor an equalization tee fee on farm tarm products tor foi use uso In IndIsposing Indisposing dIsposing or of o the surplus The senate has und r consideration tho the modified Mc- Mc Nary Mc Nary lalY bill and some come R Rm- Rm Ro o- o publican senators who have havo sup SlIP supported sup supported ported the McNary principles and who claim they were not to participate In the conferences which developed the tho Curtis Crisp measure Indicate that the tile latter bill might attain the status In in committee of ot a counter proposal to the one now being considered REVOLVING H 1 FUND XI Senator Curtis however takes the position that hi measure closely follows the tho McNary bill In min many many Important respect particularly In regard to surplus disposition It would provide for Cor Cora fora fora a federal farm board and a re- re revolving re revolving fund of ot 2 The Tho duty ot of o the tho board which have for Cor operating ex- ex expenses ex expenses until July 1 I 1928 would be to Insure reasonable profit over cost of ot production on farm tarm commodities by declaring on an emergency for tor any crop when wilen one existed and permitting oper co-oper- cooperatives cooperatives co to buy up the surplus and hold it The bill an outgrowth ot of informal conferences says fas Senator Curtis Curti offers Its relief to all agri agri- agriculture agriculture culture and not merely to a D lim- lim limIted lim limited iCed list of ot commodities The bills plans no subsidy he declares adding It would not put tho the government in business offers encouragement to the tile or- or organization organization or organization ot o of agriculture and price-fixing price In any form torm assures the producer that I excessive speculation nor too crops on an Intelligently planned acreage can force torce him to produce at alos a I loss |