The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1916-09-15

products stored and withdrawn, and of
receipts issued, returned, and can
celed. They must also make detailed
reports to the Secretary of Agricul
ture as often as required. Their books,
records, papers, and accounts are sub
Jcct to examination by the Department
OF Agriculture.
Revocation of Licenses.
The Secretary of Agriculture is re-
quired to publish the names, locations,
and addresses of all warehouses and
persons licensed under the act. with
lists of all licenses revoked and the
cause of termination. He may publish
his findings whenever he determines
that a licensed warehouseman is not
performing fully his duties under the
act. He may suspend or revoke any
license If the licensee fails to comply
with the act or the rules and regula-
tons. He may also suspend or re-
woke and license issued to a ware
houseman if unreasonable and exorbi-
tant charges have been made for ser
vices rendered.
The act expressly provides that
nothing contained in it shall be con
strued to interfere with state laws re-
weighcrs, graders and classifiers, or
with similar federal laws. On the
contrary, the Secretary of Agriculture
is authorized to cooperate with Off
Gals charged with the enforcement of
such state laws in order to carry out
the provisions of the United States
warehouse act.
Penalties.
Punishment by fine or imprison-
mcnt, or both, may be imposed on any
person who counterfeits, forgcs, or
uses without proper authority any Ii
: cense issued under this act, or who
J, issues or utters false or fraudulent
+ receipt or certificate, or who uses a
| name or description conveying the
impression that warehouse is desig-
mated as bonded under the act unless
9 the bond has actually been filed ant
approved or the license issued re-
. mains unsupported and unrevoked.
An appropriation of $4,000 is made
: for carrying out the provisions of thu
: act. The necessary rules and regula
y tons are now in course of preparation
t and will be published and widely dis
c tributed at the earliest PRACTICABLE
h date.
Objects of the Act.
Warehouse legislation, in its bear
$ ing upon the marketing and distribu
: ton of farm products, was discusse,
n by the Secretary of Agriculture in hi
Q annual report for 1915. in which h
S said:
investigations conducted by tn
Office of Markets and Rural Organ,
It zation indicate that there is seriou
n need of warehouse legislation.
II would seem that the most desirabI
II action on the part of the states woul
e be the passage of laws which woul
}, guarantee the integrity Of warehous
h receipts. These laws should be uni
re form, SO that the conditions govern
y ing such receipts may be the sam
e throughout the country. thereby grea
x ly increasing their availability as CO
r lateral for loans at distant bankin
y centers. The uniform warehouse r,
id ceipts act is now in force in 81 state
1t "In addition to the legislation TIL;
y has been or may be enacted by ii
states, it is believed that the enac
ment of a federal warehouse Ia
or would be of great benefit. The gel
in cral interest in the subject is we
N shown bv the inquiries the departmei
at constantly is receiving. In fact, man
e. warehousemen, under the misappr
is hension that a bill on the subject col
De sidered by the last congress actual
ID had been passed, have asked the d
ed partment to give them information
to how to comply with it. The pr,
is posed measure. which is permissive
is character. would enable the Depar
ey ment of Agriculture to license bondt
lie warehouses in the various states.
e; would promote the better storing
~ farm products, increase the desirabi
ed itv of receipts as collaterals for loan
or and therefore would be of definite a
e Sistance in financing crops. A fe,
e. nral statute on the subject also won
n promote the standardzing of storage
9 If warehouse receipts, and of marke
TO ing processes"