AGRICULTURAL RELIEF House oF REPRESENTATIVES, COMMITTEE ON AGRICULTURE, . Friday, February 24, 1928. STATEMENT OF HON. TOM CONNALLY, REPRESENTATIVE IN CONGRESS FROM THE STATE OF TEXAS Mr. ConNaLLY. Mr. Chairman and gentlemen of the committee, [ want to thank you for the courtesy you are doing me in giving me an opportunity to discuss the farm relief bill introduced by me. (The bill referred to is as follows:) IH. R. 11358, Seventieth Congress, first session} A BILL To provide for the orderly marketing of the surplus of staple agricultural commodities through Federal agricultural export corporations and for the stabilization of the prices of such commodities through the issuance of export debentures Be it enacted by the Senate and House of Representatives of the United States of 4 merica in Congress assembled, FEDERAL FARM BOARD Section 1. (a) A Federal Farm Board is hereby created, which shall consist of the Secretary of Agriculture, who shall be a member ex officio, and twelve members, one from each of the twelve Federal land-bank districts, who shall be appointed by the President of the United States. by and with the advice and consent of the Senate. (b) The terms of office of the appointed members of the board first taking office after the approval of this act shall expire, as designated by the President at the time of nomination, four at the end of the second year, four at the end of the fourth year, and four at the end of the sixth year, after the date of the approval of this act. A successor to an appointed member of the board shall be appointed in the same manner as the original appointed members, and shall have a term of office expiring six years from tlie date of the expiration of the term for which his predecessor was appointed. . (ยข) Any person appointed to fill a vacancy in the board occurring prior to the expiration of the term for which his predecessor was appointed shall be appointed for the remainder of such term. oo ) {d) Any member of the board in office at the expiration of the term for which 1e was appointed may continue in office until his successor takes office. Co {e) Vacancies in the board shall not impair the powers of the remaining nembers to execute the functions of the board, and a majority of the appointed members in office shall constitute a quorum for the transaction of the business of the board. i. Jf) Each of the appointed members of the board shall be a citizen of the United States, shall not actively engage in any other business, vocation, or emplovment than that of serving as a member of the board, and shall receive a salary of $10,000 a year, together with necessary traveling expenses and expenses incurred for subsistence or per diem allowance in lieu thereof, within the limitations prescribed by law, while away from the principal office of the board on pusiness required by this act, or if assigned to any other office established by he board. then while away from such office on business required by this act. anag=