MEMPHIS (Special) – "Members of the National
Cotton Council appreciate the efforts of members and leaders of the
Senate to fashion new farm legislation that holds promise for
restoring economic viability to American agriculture," NCC Chairman
James E. Echols of Memphis said in a letter to Senate leaders Thomas
A. Daschle (D-SD) and Trent Lott (R-MS). "However, we are now
extremely discouraged that deliberations have stalled. Unless new
farm law is enacted promptly, many farmers simply will not be able
to secure production financing for the new season."
Echols’
comments came shortly after the Senate failed for a third time to
reach an agreement on a time limit for debate and final passage of
new farm legislation that could be sent to conference with the
House.
The Council’ members had urged the Senate to complete
its work on a farm bill before recessing for the holidays. Following
adjournment, the Senate will not return to session until Jan. 23.
"There has not been a time since the Great Depression when
American agriculture was under greater economic stress and in
greater need for new farm policy that provides a better income
safety net while facilitating international competitiveness,"
Echols’ letter stated.
"Our membership, from producer to
textile manufacturer, joins unanimously in urging the Senate to
resume deliberations as quickly as possible to finalize legislation
that is absolutely essential to the restoration of economic
viability for American
agriculture."
