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Show GOVERNORS PLAN mo rapes WILL RECOMMEND THAT GOV. ERNMENT LEGISLATE IN FA- VOR OF AGRICULTURALIST. Federal Rsfundlng of Debts of Farm-ers Farm-ers for One Year to Be Asked of Congress in Order to Relieve Re-lieve Unparalleled Situation. Ilnrrlshurg, l'a. Governors nnd governors-elect representing moro than half the slates of the union voted nt their annual conference on Wednesday to begin an Inquiry Into what was varluusfly called the "acute," "alarming" nnd "tragic" situation sit-uation facing fnnners of the country with a view to recommending federnl legislation to assist them. As a first step toward carrying out their plan, which wus suggested by (inventor V. L. Harding of Iowu, the conference appointed a committee consisting of Governors Harding, lllckett of North Carollnn, Holcolm of Connecticut, Parker of Loulslnna mid Goodrich of Indiana, to make a preliminary survey mid report buck before the conclusion of the conference. confer-ence. After that it Is contemplated to send the committee to Washington to urge legislation before congress, which convenes this mouth. The object of the stnto executives, which Is said to be without parallel in tho history of the American government, govern-ment, Is for the organization of governors gov-ernors to suggest to congress and actively advocate passage of legislation legisla-tion necessary to refund the debts of farmers who nre pinched by falling markets with heavy stocks of surplus production on hand so as to give them a year or more In which to recoup losses und wait for u strengthening market. It Is proposed to do this through extension, or adaptation, of tho federal reserve system. A second proposal nlso scheduled to receive consideration con-sideration by the committee Is another an-other by Governor Harding tlmt n foreign for-eign trade corporation ho formed to finance purchases of American funn products by foreign countries unable, through present lack of funds, to come Into tho American market. Acting Act-ing on Governor Hnrdlng'a suggestions, sugges-tions, Goveruor lllckett Introduced a resolution providing for appointment of the committee to act under instructions instruc-tions of the conference nnd take the propositions up with congress direct. One voice, that of Governor Edwards Ed-wards of Now Jersey, was raised In objection. The eastern eccutle. who Is it banker, said he thought federal legislation such us Is contemplated by his colleagues would be "economically wrong." Conditions should he left to ndjust theuiholvos, ho declared. |