Show f FARM W GROUPS GIVE DIVE PLAN TO SENA SENATE IE BODY Program Has Equalization S Fee and Export Debenture Debenture Debenture Deben Deben- ture Features S. S J 89 Br S WASHINGTON April A 28 A 2 A broad to relieve agriculture containing containing con con- program th the controversial fon fee tee and export debenture plan IS lion tion put before the senate l h was as ri committee to today n by three ma ma- or r-f r farm m or organizations J Chester rhester Gra Gray of the American Federation submitted rm r-rm Bureau F farm rm the plan on behalf of the federation S the he the National Farmers Farmers' union and the theN N National tion l grange allotment al- al calls for The me program also an plan to handle that portion of the crops needed for domestic consumption con con- as provided in the pending bill biU of Senator Thomas D. D Okla WOULD F FIX PRICE This measure stipulates that the price mice the farmer receives for produce needed for tor domestic consumption shall hall be equal to the cost of or tion The Thc remainder of ot the crops would be withheld from the domestic market mar marS ket bu but but- could be exported for tor less th than n the price fixed for domestic The measure provides that the farm board may bar imports when the flow affects the domestic market sufficiently sufficiently suf suf- to hamper sales at the cost of at production price Senator Howell R. R Neb explained explained ex ex- before the committee his bill bill to apply appl the McNary McNary-Haugen principles to one crop in the nature of an experiment I The crop to be experimented with would be determined d by the com corn The Howell measure provides provides pro pro- vides ides for the equalization fee fcc a stabilization stabilization sta sta- fund and market agreements agreements agree agree- ments to control distribution STOCKMEN IE FACE CRISIS C. C A A. Ewing Ewin of or Decatur Ill president president president dent of ot the thc National Livestock Marketing Marketing Mar Mar- keUng association asserted that industry industry in in- was facing a crisis and needed help Ewing said he felt the new credit expansion program of ot the federal re reserve re- re serve erve system would be too slow to meet an emergency He attributed a part of oC livestock li troubles to increased consumption of vegetables mentioning vegetable diets Senator Frazier R. R Ind md author of a bill to lend farmers funds for refinancing their debts questioned Chairman Stone of the farm board and note issue to lend money at 1 2 11 2 1 per cent Stone told Frazier the farm board is heartily in favor of any sound workable method of or correcting unwarranted unwarranted unwarranted un un- un- un warranted price deflation I S. |