Salt Lake Telegram | 1927-02-25 | Page 1 | Suicides as Wife Names Movie Star

Suicides as A Wife Names Movie a Star I SEES TO IN DILL BIll jpe ope for Relief at att t This Session Is Blasted Y HE SAYS Against I I ducts Pointed Out OutI i I partial text of the 7 Cl veto measure is printed 8 Feb 25 resident Coolidge toed to- to edthe ed the McNary-Haugen McNary P lief bill AYI I veto reto virtually killed all AY Y for farm legislation at 5 ion both advocates of the bill hay hay- ded that it will be ime im- im j e I. I to muster the two two- majorIty In in congress congre 5 I to overrIde the pres 1 m and house the marthe mar mar- 1 which the bill was passed I irr row Y t said tn iIi a specIal r to the senate that he had 9 approve the bill because SUre discriminates definIte definIte- st products which make up S. S been universally consid- consid of safe farming R REASONS EASO N S. S bill singles out aut a few prod prod- t l flY sectional he said loses to raise the prices ot of of tile the fact that dS f oth other r farmers penalized chef objection to o the bill is would not benefit CJ president continued Vel may be the temporary r e of arbitrary interference can deny that in the long pes be governed by th thy y and demand To exi ex- ex ex- ex i prIces and nd then to tot t Ithem on a higher level Of f a plan which must of if production while ng consumption is to fly In of f an economic law as well wellI I ed as any law of nature e shows that high prices given year mean greater Ite ie next year i declared the bill I Involved governmental fix fix- I I rl es esIt It gives the pro pro- I deral board almost i page 9 PRESIDENT SEES S NO BENEFITS TO FARMER IN BILL Continued fl from m page I lied Hod authority to fix Ix prices on the designated commodities 3 he said Nothing is more mOle certain than that such fixing Upset the normal exchange existIng exist exist- in Ing In the open market and that It would finally ha have ve- ve veto to Le be extended to cover a multitude of other goods and services Government price fixing once started has alike no justice and no end It is an economic foilS foilS' fohl from rom which this country has hils very every tight to be The message objected objected ob- ob t Id the tha remarkable S lion of the taxing power of congress con con- grass gress to the farm bureau nominated by farmers which would be established under the bill This called su-called equalIzation lon Is not a tn ta for fOI purposes fIe of revenue in the accepted sense said the president It Itis is a tax for tor the dial Ial benefit of P groups As Asa a direct tax on certain of the vital Ital necessaries of life It the most vIcious form of taxation Its real effect Is an an employment of the coercive powers of government to the end that certain sp cill groups of farmers anti procesSOrS may profit temporarily at the expense of other and of the thc community at large The message e declared the bill economically unsound sInce it would be unlikely that surpluses could always be exported Increased production on the ohe h hanti nU coupled with domestic consumption on the other would mean an American export export- exportable able surplus to be dumped on the world market said the president nt This in turn would mean a constantly constantly con con- decreasing world price until the point was reached where the world price was suffIciently low so that even en though increased by our tariff duties commodities would flow Into this country in large quantities OPPOSES POWER I Furthermore the pr objected objected ob- ob to the power g given ven to the federal farm bureau under the measure The law fixes no standards standard Imposes Imposes Im- Im poses no restrictions and requires no regulation of any kind said he I-fe I declared also that members of the board would he be under constant constant con con- stant pressure from their constituents constituents to push prices as high as pos pos- sible To expect moderation under these circumstances is to disregard experience he said and credit human human hu- hu man nature with qualities it does not possess P out that the department or of justice had been employed In breaking up combInations aimed at raising the cost of living the message mes- mes sage continued This bill If It accomplishes Its purpose will raise the price of the specified agricultural commodities to the hIghest possible point and andIn andin In doing so the board will operate without any restraint Imposed by bythe bythe the antitrust laws Th The granting ot of any such power to a a. government board is to run counter to our traditions traditions the P of our our government government gov- gov the spirit of our institutions institutions and aU all principles of equity The administrative difficulties involved are sufficient to wreck the 1 plan