142 THE AGRICULTURAL BLOC 



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as these committees surveyed the situation. At 

 that time there was no definite plan of proce- 

 dure, but it was perfectly clear to the Senators 

 familiar with the agricultural situation that 

 there were certain outstanding needs for farm- 

 ing that needed first attention. 



Early in June, another meeting of the Bloc 

 was held and committee reports were heard. 

 Those who had been studying ways and means 

 of extending more and proper credit to agricul- 

 ture urged that the Federal Reserve Act be 

 amended so that credits might be extended to 

 twelve months on live stock and farm products 

 instead of six months as provided in the law. 

 It was made clear that the proposed amend- 

 ments should be carefully studied and discussed 

 fully with representatives of the Treasury De- 

 partment and others before any action was 

 taken. In all of these early meetings the dis- 

 position of the members of the group was to 

 avail themselves of every possible source of 

 information and advice before urging a piece of 

 legislation before the Senate. 



In the meantime, several of the bills which 

 had been pending before the House and Senate 

 had come up for consideration and the Bloc 

 cooperated in supporting these measures to ad- 



