Salt Lake Telegram | 1932-07-19 | Page 9 | Plans to Probe Exchanges Laid

PLANS fLANS TO PROBE I EXCHANGES LAID K V M i il f l i f Br as Pre J WASHINGTON July 19 19 Tenta I f live tive plans p s for tor sending investigators I r F. F Vo t to look into the activities of grain end and and cotton exchanges and traders as asart part art of ot a senate subcommittees subcommittee's farm board card inquiry were announced today by y Chairman McNary CR R. R Ore f fc In making milking public the program of ot the group McNary explained it lacked approval of other members as two in Washington were unable to attend today's meeting to formulate plans and two are out of the city ft I He is telegraphing Senators Ken Ken- drick D. D Wyo and Wheeler D D. Mont for their approval Senators Norbeck R R. S. S D. D and Norris R R. Neb were absent from rom today's meet- meet lint I Norris Norri who told newspaper men he Could could not serve on the subcommittee because because of at other work has not notified noti- noti fied b McNary form formally and no W sot Or has been chosen McNary said he expected investigators t tors to be bi appointed within a few weeks These investigators also would go Into iato the books book of at the Farmers National National Na Grain corporation the Grain Stabilization on corporation and the cotton cotton cot cotton ton agencies of ot the farm board as aswell well swell u as the gr grain exchanges No hearings are contemplated before before be be- fore tore early fall The subcommittee meantime expects to receive the rep reports reports re re- re- re p ports of ot Its inquirers McNary said a a complete report willbe will be ready for congress at its open- open I lag session in December