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Show WALTER SHEAD Outlook for Farm Measures HpHE BEST GUESS here in Washington is that with full pressure of the farm organizations turned on a white heat, the senate will restore most of the cuts made in agriculture department appropriations. It is expected that the full amount of 267 million dollars for soil conservation will be restored; that the school lunch program will be hiked from 45 to 75 million dollars and further that for farm surplus disposal the full amount asked, 48 million dollars, will be restored. If the house finally agrees to this restoration in conference, the agriculture bill will go to the President with only an approximate 15 per cent cut instead of 40 plr cent, as it came from the house. Although wool represents only something like 3 per cent or less 'of the American farm production, the wool bill stands out from all other farm measures in distorted proportion. This is because of the fact that it was in direct opposition to our announced reciprocal trade policy in that it boosted the import duties upon wool from Australia and other countries. Since its modification, however, leaving impost of duties or import quotas to discretion of the President, the bill resumes more or less its original objective form namely to support price of American wool and to aid in liquidation of U. S. wool stocks. GOP leaders say that Presidential Presiden-tial veto of the act would be an admission that Mr. Truman does not expect to be president after 1948. |