Show 1 rJ r f tOV l N N it j M 1 W hi How high priced farm fann land tand la playing 0 part in the inflation aty ary picture was depicted by bl LW IW Duggan governor of the Farm Credit administration in mony before the senate agricultural monr tural tura committee Mr Duggan testified in favor of permitting federal land banks to make loans to farmers on OD a Similar plan as asland asland land bank commissioners Many veterans and others are buying farms today the official said wJ which ch will wUl be worth worthless worthless less than the loans granted for purchase in ten years year He said that recently a veteran a farm for fr 2500 2000 paying 10 cash Then he aske asked for fora fora a loan Three appl r were sent Out ut to ta look at look at the and reo re- reported ported value of the farm not more than He cited many other instances Is th the action of President Tru- Tru Truman Truman man in approving the portal to por to 1 portal his pay bill any indication as to his action upon labor bill which will be presented to him probably late in June Despite the fact that he signed the portal portal- to por portal al pay bill the odds here are that he may veto the labor bill particularly if the conferees make it any tougher than as It passed the senate The department of justice has finally started its trust anti suit proceedings against the Association Association of American Railroads and other combinations of financial and industrial railroad interests charging charing them with the most reaching far concentration ot of power known to l law w Defendants include 47 western railroads western association of railway executives JP Morgan Co Kuhn Loeb Co and 89 officials of railroads and rail rail- railway railway way associations The govern govern- government government ment says these groups maintain a non competitive rate system and suppress competitive transportation trans trans- transportation in the western area and have prevented western railroads from reducing rates and improving In class rate scales show a discrimination Varying from per cent to per cent against the west in favor ot of the east the government charges And in the meantime the United States Chamber of Commerce presses for enactment of the Bulwinkle bill to exempt rail rail- railroads roads from the trust antitrust laws rau 1 calling alln it the h badly needed Bulwinkle bill I before the senate senate and house committees on a range long farm program I which likely will not be enacted into law until next year indicated ed the policy to be followed largo larg- largely ely will parallel the recommend recommend- recommendations of Secretary of Agriculture ture based on a pro pro- program program gram of abundance and full pro pro- production Such a program will wUl necess- necess necessitate tate according to the testimony of many witnesses expanded markets at home and abroad continued subsidization to take care of surpluses such as school lunches and other m similar mea mea- measures measures and on foreign sales to meet a demand for lower priced food extension of the support price program to stabilize farm income and continued production production tion curbs on certain crops from ten states west of the Mississippi and the senators and representatives from these states are urging re- re restoration restoration of the the department of Interior budgets particularly for liquidating self I reclamation projects Senator Morte Morre of Oregon took the floor I of the senate to object to the cuts as one of the serious mistakes Said Senator Morse It Is be- be because because I cause of my devotion to the principles of the Republican p p x d t pe revived revived and practice that I feet feel 0 so badly regarding the l party burly le m Q th cp resl terl today to th effective I t tto f the Labor Re- Re Rel l tiona Ac 1 th tb ent Iff tree free tb the Vt twitted d States If anc an tUt M through taco the per a lUl ineat at e taJi Ji m 1 0 thO th of peo pIe plc wh who V fight to be pro r protected from of damal which h would be them Jf f th Uon gram gramI I of in the party t in the consummated I intend tine td try to Point put glit What I think are the IId sad l mistakes which the Republican an majority is making In with both the labor pr program and noW the fiscal policy polley hope that even yet such effective and constructive con con- constructive actio action will be taken by the congress that in lA spite of mistakes I can still make an honest plea piea for a Republican ad- ad administration administration ministration |