this measure was up. However, as I have said, I am sure that he will offer no objection to it.

Mr. GREENWOOD. The bill does not propose to use anything but what has already been allocated by the Reconstruction Finance Corporation for the use of the farmers. This proposal broadens the base of the credit so that the money can be used. It looks like a simple proposition.

Mr. MICHENER. What would become of the money that has been allocated if we do not do this?

Mr. JONES. This will take money that is allocated.

Mr. GREENWOOD. It will not go into the channels that were intended for it in the beginning. It will not be used because the basis of security is too narrow. It provides that the crop must be matured this year, and they quit in April, while the bill was passed in February. That gave them no chance to make the loans. They could not make loans on winter crops.

Mr. MICHENER. This goes much further than that.

Mr. GREENWOOD. This would be giving the Government better security than was proposed in the former bill, because it makes available for security livestock and other personal property. The other provision did not afford as good security from the standpoint of the Government.

Mr. SABATH. The great trouble lies right here: Up to two or three years ago the farmer and small merchant secured their loans from the neighborhood bank, but nearly all the neighborhood banks. have now been closed, and those that have not been closed are not lending money except when they are compelled to do so. That is also true of the city banks, and, consequently, the farmer has nowhere to go to make a loan.

Now, this is a condition that confronts the country, the people of the cities as well as the farmers. Although I have always advocated aiding the farmers, the time must come when the farmers and the gentlemen representing agricultural districts must recognize the necessities of the people of the cities. They must recognize the people of the cities who have nothing to eat, and the representatives of the agricultural districts must go on record there. I have been voting for these farm relief bills, and I will vote for this proposition, but I do so in the hope that you gentlemen will finally recognize and realize that needs are just as great, if not greater, in the cities as on the farm.

Mr. JONES. I do not know whether the gentleman is interested in it or not, but I will state in that connection, if I may have the gentleman's attention, that the committee is now considering the enlargement of this wheat-distribution measure to include the sale and distribution of cotton.

Mr. O'CONNOR. When the vote comes on the Garner plan, see how many representatives from farming districts will vote for it, with its unemployment-relief provisions. I venture to say that 40 per cent of the farmers' representatives will vote against the Garner bill. (Thereupon, the committee proceeded to the consideration of other business.)