The Parma herald. (Parma, Idaho) 1903-1917, 1916-09-14

have been increased TO 81, ,AUvvU. Inc (
more difficult problems of marketing
are being investigated and plans are
Ia operation for furnishing assistance
TO producers of perishables through a
market news service. A similar SER
vice for live stock interests Will be
inaugurated during the year.
9. The problems of securing the
uniform grading of staple crops, OF
regulating dealings and traffic in them,
of developing better system of ware
houses, and of providing more avail
able collateral for farm loans has been
successfully dealt with.
a. Under the Cotton Futures Act
standards for cotton have been estab=
lished, the operations Of the futures
exchanges have been put under super
vision, and the sale of cotton has been
placed on firmer basis.
8. The United States Grain Stand
ards Act will secure uniformity In the
grading of grain, enable the farmer
to obtain fairer prices for his product,
and afford him an incentive to raise
better grades of grain
8. The United States Warehouse
Act will enable the Department of
Agriculture to license bonded ware
houses in the various states. 1t will
lead to the development of better stor-
age facilities for staple crops and viii
make possible the issuance of reliable
warehouse receipts which will be wide
" and easily negotiable
10. of no less Importance for agrl-
culture and for the national develop
ment is the Federal Aid Rotd Act
This measure will conduce to the es-
tablishment Of more effective highway
machinery in each state, strongly In
fuence the development of good road
building along right lines. stimulate
larger production and better market
ing, promote a fuller and more attrac'
tive rural life. add greatly to the con
venience and economic welfare of al
the people and strengthen the national
foundations. The Act embodies sounS
principles of road legislation and vii
safeguard the expenditure of the fund:
arising under the Act not only, bu
will also result in the more esticien
use of the large additional sums mad
available by States and localities.
IL. The Federal Reserve Act bene
fits the farmer, as it does all the othe
people of the nation. by guaranteein
better banking, safeguarding the cred
1t structure of the country. and pre-
venting panics. II takes particula
!, note of the special needs of the farme
by making larger provision for loan
J through national banks on farm mori
cages and by giving farm paper ma
} turity period of six months.
II. 1t was essential, however, tina
: banking machinery be devised whicl
4 would reach intimately into the rura
= districts, that it should operate O
terms suited to the farmers need
D and should be under sympathetic mai
e agement. The need was for machiner
4 which would Introduce business metl
+ DDS into farm finance. bring order OF
!. of chaos, reduce the cost of handlir
{ farm loans, place upon the mark
+ mortgages which would be a safe Il
!. vestment for private funds, attract Il
Il to agricultural operations a fair shai
: of the capital of the nation, and LEI
= TO a reduction of interest. These nee'
i and these ideals have been met
n the enactment Of the Federal Far
d Loan Act.
n lam glad to have had an opportuni
a to take part in the execution of th
a large program, which, / believe, W
n result in making agriculture more pr
A. ftable and country life more confror
" able, and attractive, and. therefore.
"A sure the retention in rural districts
an efficient and contented populatiC
e Faithfully yours,
"A WOODROW WILSON.
y Hon. A f. Lever. C'h9irman,
+. Committee on Agriculture,
- House Of Representatives.