Show SENATE E ATE IN i fAVOR I OF AIDING fARMERS Administration Sill Bill Provides s For Farm Form Loan Loa Bonds The Tho adman administration on bill bin auto authorizing hor Bing I the secretary of the treasur treasury to pu purchase purchase pur pur- chase of farm loan bonds during the next nest fiscal year was sassed gassed by the Senate today w without j. j record vote after it had been amend amended ed so as to eliminate authority for tor fori fora a i similar purchase next year after aHer the vote the bill was sent over to the House w with aview aview a aview view to action there before the holl- holl lay Jay adjournment After some discussion discus discus- don sion however the House postponed consideration until January 3 Chairman Chair Chair- Cha Chairman r- r man Glass Of f the 1 banking committee announced that the Senate had ad- ad and that inasmuch as it would t ae oe e impossible to enact the bill Into la law w until after aCter the holiday recess recess it it would would be be- futile to attempt action tonight in v view ew of what he called the tho lack of comprehension on the part of ot hose opposing it Representatives Representatives' Lenroot WisconSin Wiscon- Wiscon Sin jin Snell New York and others opposed op- op posed Immediate consideration on he lie ground that the measure was too to pass without proper dIs- dIs Mr Snell contended that he land banks were tending towards and that it was a bad pre- pre for the United States to take ponds londs from a corpora corporation eon that could lot tot sell them them The Senate amendment to limit the of farm loan bonds by the of the treasury to the present pres- pres mt ent fiscal year was introduced by Se Senator Sen- Sen tor ator Weeks who declared that the arm irm loan board should stand warned hat Congress will not continue to money in emergencies 1 trice like Ie he present Another amendment in- in by the 1 Massachusetts sena- sena or and adopted provides that until 11 bonds bought by the secretary lave rave been redeemed no loans from funds in addit addition on to those approved shall be made by byI I he farm loan banks except for the I of increasing food products Senator Smoot moot opposing th tiro bill th tho government is n U 1 10 to st- st laUon to be hunting loans |