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Legislative Outlook for Cotton Becomes Confused By Commiíttee's Action Washington, Apr. 5.
The legislative outlook for cotton became further confused today when the Agricultural Committee of the House of Representatives agreed to take no action on the Bankhead Cotton Bill, which was passed by the Senate on Monday.
The Committee's decision was taken after Representative Marvin Jones (Democrat, Texas), its chairman, labelled the bill as being inadequate.
Mr. Jones at the same time proposed the appropriation of $300,000,000, of which $200,000,000 would go to parity payments and $100,000,000 to expand the farm markets.
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