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Show lift I illll plilMM iiiiM 1 IfeEiiffl rUI GAINS SUPPORT OF LlffiKERS Five-Year Delay In Payments of Farm Borrowers Urged; Hoover War Debt Moratorium Morator-ium I!ill Passes Senate. WASHINGTON, Dec. 23 (U.R) The movement to grant a moratorium to farm borrowers bor-rowers from tlie federal land banks gained . support today in the. senate banking committee. com-mittee. . The committee held hear- n"S on the house measure to ap-o.i,.te ap-o.i,.te m added $100,000,000 to ihe land banks. The bill carries a .lovision that the banks at their ii.se. etion may grant a ' five-year moratorium to borrowers. Senator Carey, Republican, Wyo-iviif; Wyo-iviif; submitted three amendments to broaden the moratorium feature. He said he believed it would bt impossible to obtain passage of a .1 whlcti did not provide a moratorium. mora-torium. itionnl $35,000,000 One of the amendments would npropriato an additional $25,000,-100 $25,000,-100 to finance the moratorium and would require tha banks eventually o repay the money. Another v.-nuld represent a $25,000,000 federal Tift to farm credit ly advancing hat amount for use in land bank; iterations "in place of th? extended extend-ed Installments upon mortgages." The third amendment would ex- press a "liberal treatment" policy ind wrould provide ror an addi-ional addi-ional $25,000,000 repayable to the treasury. OKEH HOOVER PI-AN WASHINGTON, Dec. 23. (U.E The $252,000,000 Honvr war .SeM and reparations moratorium is formally for-mally in effect today, with the consent con-sent and ratification of congress. The vote in the senate was 09 to 12 The senate completed ratification ate last night after an 11-hour session. ses-sion. Senators then voted them-elves them-elves and the house of representatives representa-tives a Christmas holiday until Jan. 4. But the cheery spirit of St. Nicholas was conspicuously ab-' ab-' sent as the st nate argued itself almost al-most into a state of exhaustion and then decided to get some sleep. The ratified moratorium resolution resolu-tion contained a reservation ox-pressing ox-pressing congressional policy to bi "ainst cancellation or reduction of I the war debts owed the United i-ress. |