OCR Text |
Show SENATE TOLD Of 5 FHBIIEB.BEUEF Revival of Wartime Export Agency Is Opposed by Some Interests ifc.B WASHINGTON, Dec. Proposals HgfJ to revive the ivar finance corporation U and Instruct the feder-il reserve hoard EH to extend more liberal credit to fnrm- H ers were presented ln 'he ssneti todav fBH by Chairman Gronna or the nrrlcul- EH tiire committee, but consideration of jH them went over on ohjectlnn of Pena- BH tor Lodge Of Massachusetts the Re- H publican leader who aid Senators jHH should he givtn iimi to familiarise ' hcnselvi's with in. me;isur. JBw Remarking that the manufacturers '.; f Knpl tnd wen ibl to Sl KHb their poods nnd thnt thousands of lab- IH 'rers were hcinjt thrown out of work, LB Senator Lodire suggested that If such Hk i resolution were Adopted 11 should be B broadened to take care of Industrie" fjH Senator Norris, Republican. Nehras- JM ka, said the resolution did not chance tgjW fho law. but simply directed rehahlll- 'iM tatlon of the war finance corporation. JmkM which authority to finance exports of manufacturers as well farmers. jJjH Scnntor Frellnphuyven, Republican. IH New Jersey, asked if the agricultural LH eommtBee had taken into consideru- M oi po slbllit having the so - HTB ernment ispue another billion dollars Jj IH In bonds to rm the war finance cor- W poratlon functioning fjmfl Senator Norris replied thai no fur- ther bond issues wre contemplated. (SS Senator Thomas, Democrat, ColO- jB r.ido, thought tin- in acting BH should hae available all of the ovi- J-ttHfl 'i-ncc taken before the committee. |