OCR Text |
Show FEDERAL If UFARING FARING IIFARING 0 ONDEBTOR ON ONDEBTOR " ' DEBTOR RELIEF RILIEF : ACTVard ACTWard ACT ACTWard \ Ward \Vard Vard C Holbiock HolblOCk president cf cfthe cfthe ctthe the Utah State Farm Bureau BureaufederatIOn Bureaufederation Bureaufederation federatIOn appeared and rres Jresont Jresonted ; presented nt nted ed tha the testimony for the firmerscf frmersof farmerscf f\rmers f rmers farmers ' \ of cf Utah at the federal healing healmg hearing be fore Ji Jt dge Tillman TlJ1man D Johnson in 111 inthe I Ithe 'the the ' the Feaeial Feaelal Couit COUlt Court February 14 141939 1939 Mr Holbrook pointed pomted out ina m in ma ina a most convincing conVlncing manner that thatthe thatthe thatthe the emergency facing faim falm farm people people\ people peopleas peoplew w \ as not o\er o er our ow \ er and that in m many manyfalm manyfarm manyfaim falm farm products the price \ was as lo\ lo 10\ 10 low 10er loernov \ er erno ernov ernov no nov v than Itas it \ was \\as as in m 1935hen 1935 \ when \\hen hen \ t1'e t1e the t1'elaw thelaw ? ' 0aw law \ was as enacted This statement statementwas statementwas was \ is < supported sup.orted suported supi.orted supiorted , . . also oy DY ny the Ut'th Utth Utah Ut'thtate Utahstate Utahstate ' -tate tate state - faim falm farm debt adjustment com corn committel cornrnittee cornmittee mittel rnittee " at a meeting held the v \ eel eel eekbefore . . before It w \ was as sho w \ n by " Mr "VIr VIr Hol Hal Holbrook Halbrook Hoibrook brook that while thereas there \ was \\as as \ an im improvemcnt improvement 1mprovemcnt provemcnt provement in m rn the general economic economicposition economicposition economicposition position of the farmer ' ina 'lna lna inn 11\ 11 11e use usestcck livestock \ e I stcck : , tcck producer this Improvcment improvement improvementwis Improvcments improvementw w \ \ \s s as ' \ attributable largely to the 111 it 111creased itcreased increased creased pi pt ice lee of livestock and live livestock livestock livestock stock produ products t Farm Falm prices na\e na e nave naesho navesho na\esho na esho naeshon \ sho -n n 't1 t1 ' - ] less cs : " impiovement Impovement improvement and m in mso inso inso so no ne cases a decline declme This infor informatlon informatron intormation matlon matron matlonas \ was \\as as \ presented at the hear hearmg hearing hearing mg ing called by J dge Jol JQl nson to todetermine todetermine todetermine determine whether tha the emergency emergencyw w \ ' is 'lS lS over and based upon this thisfindm thisfinding thisfinding findm finding whether farmer debtors debtorswere debtorswere were \ ere entitled to tl tI e I a . " protection ac accord"d aceordud accord cord"d cordd eordud " d under the debtor relief rehef ac.t act ac.tPresident actPresident actPresident . President Holbrook s testimony testimonywas testimonywas was \ \ as ibly 'tbly tbly ably ' PI piepared prepared epared and very well wellpresented \ wellpiesenled el1 el1plesentoo plesentoo presented and itl it \\l l \ wa \ ! . > . . evident to the theobservers theobservers theobservers observers In court that the FederalJudge Federal FederalJudge FederalJudge Judge listened clo closely ely and gave gavecareful gavecareful gavecareful careful con consideration lderatlOn to the testi test testn ! ! 11 rt ony any \ which whirh hkh he presented There ThereIs Theres ThereIs ! Is s a bill bin now pending pendmg in congress congresshich congresswhich congresswhich \\hich hich which \ will extend the effective effectivetime effectivetime effectivetime time of the law for another three threeyears threeYears threeyears years and \ will ill also deny fedelal federal federaljuages fedelaljuages tedeialjuages juages rtgt rigl-t rigl t right - t to declare the emer emergency emergency emergency gency o\er o er 0er over 0\ 0 \ \ er and the la law laV \V V \ inoperative inopera inoperative inoperatlve tive Tie T'1e T1e ' tact fact that this law 1s is 1snow isnow Isnow now perdmg per ding dmg \ will l no doubt esult result resultin I lesultin esultin in a II . dcla delated delayed ) ed decision of the court courtuntil _ t.nt tnt tntd . , congress has actod act d |