Show uial uncle e sam dealer in hay and grain OTC the senate committee il on oil agriculture dominated by tte the r radical ft lical group of re republicans p lias fins ord ordered eIVId a favorable report to tile senate of the norris bill to create a government to buy und soil sell farm products and to to lend money for financing their sale tilt tho noris bill wits ordered reported while tile the senate banking and currency committee was ca continuing its hearing on tile the administration program for ru rurel I 1 legislation and there ana ns n conviction among senate lenders that lint the norris measure which would put tile tho kot ifo ern ment definitely into business would not receive the alio support of Il president resident hurtling or administration champions in ili congress the bill us reported from the committee on oil agriculture varies but little from tile measure originally introduced by senator norris rep net neb chairman of the committee on oil agrical agrI cul ture turc the banners fan ners and consumers corporation created under the bill would be managed by a board conrd of three directors appointed by the president the original L bill provided that the sec rotary of should bo be one of tho three directors but tills this provision wits eliminated by tile the committee if the capital stock of 0 would bo subscribed by tile the treasury tile alio corporation la Is empowered and authorized to build buy lease ond and op oil crate elevators and storage warehouses to buy and sell cultural products to act as agent of any ally person or co organization producing ducin or dealing in agricultural products to malco make advances for tile purpose P OS 01 of assisting any person or cooperative active organization in financing the alio sale or export exportation aaion of agricultural products |