Page Four 



THE 1. A. A. RECORD 



April, 1933 



How The New Bill Was Written 



The Emergency Banking Act Furnished The Principal Idea In The Measure 



THE farm bill of the Roosevelt 

 administration described on 

 the preceding page proposes to do 

 for agriculture what the new bank- 

 ing act does for finance. 



Passage of the Emergency Bank- 

 ing Act which gives the President 

 certain dictatorial powers to 

 straighten out the financial situa- 

 tion inspired the idea back of the 

 new farm measure. The plan of giv- 

 ing the Secretary of Agriculture 

 broad powers to handle the situa- 

 tion was first discussed by a small 

 group of farm leaders on the way to 

 Washington to attend the confer- 

 ence called by Secretary Wallace. 

 The thought was to empower the 

 Secretary to apply different prin- 

 ciples of surplus control to each of 

 the several commodities as the pe- 

 culiarities of the commodity might 

 best justify. 



This provision incorporated in 



the new bill removes the outstand- 

 ing weakness of previous measures 

 which attempted to apply one prin- 

 ciple of law to several basic com- 

 modities regardless of their re- 

 lationship or the special problems 

 they presented in production, pro- 

 cessing, or marketing, said Presi- 

 dent Earl C. Smith who attended 

 the many conferences held before 

 the measure was finally drafted. 



Confidence In Wallace 



This broad grant of power unani- 

 mously agreed upon at the confer- 

 ence of 52 farm representatives ex- 

 presses the implicit confidence 

 farmers everywhere have in Henry 

 Wallace. 



The conference appointed a com- 

 mittee representing each com- 

 modity and major farm organiza- 

 tion the members of which appear 

 in the picture below. This com- 



mittee conferred with the President 

 in the White House office building 

 following which several changes in 

 the bill were made before submit- 

 ting it to Congress. 



The new farm bill is definitely a 

 Roosevelt administration measure 

 and as such has the unqualified 

 support of the President. The gen- 

 eral farm organizations and co- 

 operatives have offered their serv- 

 ices in helping the President and 

 Secretary of Agriculture to make it 

 operate when enacted. 



The bill which passed the House 

 by a vote of 315 to 98 on March 22 

 empowers the Secretary of Agri- 

 culture to invoke one or more of 

 several plans to restore farm prices 

 to pre-war parity. 



As we go to press plans to re- 

 finance farm mortgages through a 

 federal credit agency are being dis- 



(Continued on page 14, Col. 1) 



Committee of Farm Organization, Co-operative and Farm Press Representatives, Who 



Left to rlKhtt Dan Wallace, editor, Farmer, St. Panli 'W. R. Ronald, editor. Republican, Mitchell, S. D.; Chas. Holman, 

 ■ecretary. National Co-op. Bfilk Prodncera Aaan.t M. S. 'Winder, secretary, American Farm Bnrean Federation; B. A. 

 O'Neal, president, American Farm Bureau Federation; R. G. Tngrwell, nmmt. aec'y of Agrrlcalture; C. V. Gregory, editor, 

 Prairie Farmer; L. J. Taber, prealdenti National Granset Henry A. Wallace, Secretary of Asrrlcnitnre. 



