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FARM TENANT ACT

HEARING

BEFORE

THE COMMITTEE ON AGRICULTURE

OF REPRESENTATIVES

SEVENTY-SIXTH CONGRESS

THIRD SESSION

ON

S. 1836 (H. R. 6768)

TO PROMOTE FARM OWNERSHIP BY AMENDING THE
BANKHEAD-JONES FARM TENANT ACT TO PROVIDE FOR
GOVERNMENT-INSURED LOANS TO FARMERS; TO EN-
COURAGE SALE OF FARMS HELD BY ABSENTEE OWNERS
TO FARM TENANTS; AND TO ENABLE TENANT FARMERS
TO BECOME OWNERS OF FARM HOMES THROUGH
LONG-TERM LOW-INTEREST-RATE LOANS ON

FARMS, AND FOR OTHER PURPOSES

JANUARY 24, 25, 26, AND 30, 1940

Serial H

Printed for the use of the Committee on Agriculture

UNITED STATES
GOVERNMENT PRINTING OFFICE

WASHINGTON: 1940

212350

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MARVIN JONES, Texas, Chairman
HAMPTON P. FULMER, South Carolina CLIFFORD R. HOPE, Kansas
WALL DOXEY, Mississippi

J. ROLAND KINZER, Pennsylvania
JOHN W. FLANNAGAN, JR., Virginia FRED C. GILCHRIST, Iowa
HARRY P. BEAM, Illinois

AUGUST H. ANDRESEN, Minnesota JAMES G, POLK, Ohio

WILLIAM LEMKE, North Dakota RICHARD M. KLEBERG, Texas

RALPH O. BREWSTER, Maine FRED CUMMINGS, Colorado

ANTON J. JOHNSON, Illinois WALTER M. PIERCE, Oregon

REID F. MURRAY, Wisconsin
HAROLD D. COOLEY, North Carolina FRANK O. HORTON, Wyoming
FRANK E. HOOK, Michigan

CLIFF CLEVENGER, Ohio
HARRY B. COFFEE, Nebraska
ORVILLE ZIMMERMAN, Missouri

SAMUEL W. KING, Hawaii
PHIL FERGUSON, Oklahoma

BOLIVAR PAGÁN, Puerto Rico STEPHEN PACE, Georgia

KATHERINE WHEELER, Clerk

ALTAVENE CLARK, Clerk

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LIBRARY OF CONGRESS
MAR. 13 1940

DIVISION OF DOOUMENTS

6 i 33

FARM TENANCY

WEDNESDAY, JANUARY 24, 1940

HOUSE OF REPRESENTATIVES,
COMMITTEE ON AGRICULTURE,

Washington, D.C. The committee was called to order at 10:30 a. m., Hon. Marvin Jones (chairman) presiding.

The CHAIRMAN. Gentlemen of the committee, at the last regular session the Senate passed an amendment to the Farm Tenant Act'? to provide for operation along lines somewhat similar to the Federal Housing program, and in looking over it there are some phases that seem to overlap the regular act; there is one place that conflicts to some degree, at least.

With the help of the drafting service and the Farm Security Adininistration we have worked up some provisions that it is thought rould accomplish the purpose.

This particular print has not yet been submitted to the Budget and therefore the representatives, Dr. Alexander and others who are here from the Farm Security Administration who are handling the tenant administ ation, will not be able to make official comments on the bill but they can give us their analysis of it, and also report on the operations of the present act.

I asked Dr. Alexander to come up here, and also those who assisted in drafting the bill.

Dr. Alexander, we will be glad to hear from you.

Mr. FULMER. Do I understand, Mr. Chairman, the bill has not yet been passed on by the Budget?

The CHAIRMAN. No; it has not as yet. However, it will be submitted to the Budget in the regular course. It was felt that we ought to have some hearings in order to get the reactions to the proposed amendment.

(The committee print of the proposed bill is as follows:)

[Committee Print, January 22, 1940]

A BILL To promote farm ownership by amending the Bankhead-Jones Farm Tenant Act

to provide for Government-insured loans to farmers; to encourage sale of farms held by absentee owners to farm tenants; and to enable tenant farmers to become owners of farm homes through long-term low-interest-rate loans on farms, and for other purposes

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Bankhead-Jones Farm Tenant Act is amended by inserting therein a new title to follow immediately after title I thereof and to read as follows:

"TITLE IA-FARM-TENANT MORTGAGE INSURANCE PROVISIONS

"FARM-TENANT MORTGAGE INSURANCE FUND

"SEC. 11. (a) There is hereby created a fund, to be known as the 'farmtenant mortgage insurance fund' (hereinafter referred to as the 'fund'), which

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