Show VETO OF McNARY-HAUGEN McNARY President Coolidge bas baa hi bad fiad ad two ere se tests during his hia time In ot oC See o tice ce One was when ho ito faced the soldier bonus bonu bill and nd the other was sending to him bim for tor his big ure cure Ure or veto yeto the McNary McNary bill In each case cas the president denied the appeal ot a large and influential group His HI eto ot or he the he farmers measure proves has the courage of his convIctions regardless ot of what hat nay may ay be said by the th proponents of ot the bill as asto asto asto to his judgment The Th big bit out out- outstanding standing declaration In the pres dents dent's veto Is that the bill It if en en- enacted enacted enacted acted Into law would have been an economic folly oily While stating that many other reasons existed why hy the he measure ought not to be approved the president said the most decisive one was that It Jt was unconstitutional I Honsl lie He H also pointed out that the he bill led out cotton cor corti rice Tice swine tobacco and wheat for or special favors favor at the ex- ex expense ex expense pense of ot other farm products and contended that it was for certaIn groups ot of farmers fanner In certain sec sec- sec sections of ot the country rhe The The measure discriminates def def- definitely def definitely against products which make up what Is universally con can considered considered a program of ot safe saCe sal farm Carm- farm int Ing he said can it be thought that such legislation could havethe have havo havethe the sanction of the rank and tIe file of 01 the nations nation's farmers The president said It seems al- al al- al al almost roost most Incredible that the producers of hogs corn wheat rice tobacco tobacco co and cotton should be offered a scheme of ot legislative relief In which the only persons who are guaranteed a profit are the cx- cx ex exporters porters packers packer millers miller cottOn spinners and other ether process rs I-fe I declared that clearly cleary- the leg leg- legislation Involved price fixing on so some toro e of f t the th nations nation's nation basic basic foods I ann ana added that government price fixing once started ha has alike no justice and no e end d The supporters of the Haugen McKary Haugen bill have declared t that at they are arc not defeated but will re- re renew re- re renew r-nw r new the contest when hen congress meets again next December The conflict will be be carried Into the presidential election next year and It now becomes a a national Issue ssu although neither party will willbe willbe willbe be solidly for tor or against the th pro pro- proposed proposed ro posed farmer relief legislation The bill will not succeed In providing a practical method of controlling the thi agricultural sur sur- sur surplus plus which lies at the heart of the whole problem says aya the president jn In his hi veto message In the mat mat- matter matter mater ter of ot output the farmer is fa at a disadvantage as compared with the lie manufacturer The latter Is better able abl to gauge his market and In the face facci ot of ailing prices can can reduce Lion The farmer on the thi other ther hand must must operate over a longer period of ot time In producing hl his crops and Js Is I subject to weather eather and disturbances disturbance It tn world markets market which can never be b known ia tn advance In trying to find a solution for Cor this 11 al l problem of the surplus th the present bill otters offers no constructive suggestion It seeks seek merely to In crease clease the prices paid by the sumer with the tb Inevitable result or o stimulating production on the part of the farmer tanner and d decreasing consumption on on the part of the public It ignores the fact that production Is curbed only by d de- de decreased creased not increased prices price Tn In Inthe the end the equalization fee tee and the he entire machinery provided by bythe b the he bill under und r con consideration will merely aggravate conditions which are the th cause of the farm farmer e Si- Si Sis s I present distress We must be b careful cartful In trying to help the farmer not to Ize ze the tho whole by subjecting It to the tyranny of bureaucratic regulation and con can control control That La t what the presen present bill will do But aside from all this no man can foresee force what the on our economic life will be of ot disrupting the long establish 1 ed and delicately adjusted chan 0 nel aels nels of oC commerce That It will be reaching far Is undenIable nor Is IsIt Isit IsIt It beyond tho range of possibility that the present bill It enacted Into law aw will threaten the tb ver very basis ot our national prosperIty through dislocation the slowing up of Industry and the dial up lion of ot the th farmers farmer's home market which absorbs 60 GO per cent of his products The president In his hi veto has ha hack back of him hint the bIg bit financial i in- in interests In Interests of o the tin country and In some sections the tanners farmers are ar nota not a tunit unit In opposition to hi his action The tremendous demand for tor some form of ot relief relict for Cor or the th farmers which the tho passage of ot the Itc Mcay ap ary Haugen bill bm through congress shows exists must mutt be ba met 10 In some manner and It Is f now up to the th administration to o find a solution acceptable to the thi farmers farmer |