Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-12-06
IMPLEMENT MEN SEE ROCKY
ROAD AHEAD FOR THEIR
LINE or BUSINESS.
MENACE IN ADVANCING
PRICES OF MACHINERY
sisaI Crop Corner Also Forcinst Ad-
vance in Binder rwine-Prces May
Soon Reach erehibisiVs Point
Iowa Dealers 70 Discuss High Prices
at Meeting Now in Session.

Des Moines, Dec. 6.-Steel and sisal,
two commodities of primary Importance
to the implement business, which have
been sent up to, prices that are rapidly
approaching the confiscatory limit, will
provide the chief subjects for discus
sion at the twenty first annual con-
vention and exposition of the>1owa I'm
plement Dealers association, which
opened at the Coliseum this afternoon
implement manufacturers use about
10 per cent Of all the steel produced
in this country, and the situation Is be-
coming so acute that farmers are going
to begin to cease buying If prices, go
any higher, and the effect is not going
to be most serious for the implement
men, but for the public in, general,
said I. F. Wherry, Of Hampton, sec
rotary of the state association.
Fears Price Embarao.\
THE dealers and manufacturers in
this line, as in all others, have to have
their profit to continue business, and
II the prices they must pay continue
to rise they must. add to their selling
price Then the farmers will stop buy
ing and agricultural business will i'm
mediately be either greatly curtailed or
stopped altogether. It is quite obvious
what that means to this country, which
Is dependent upon It's farmers and to
the starving peoples Of Europe, who are
dependent upon this country"
Mr. Wherry has already interviewed
thirteen congressman Of different states
upon the steel situation and is as
sured Of action by congress to insti-
tute some kind Of an investigation in
the near future. 1t is expected that
resolutions to be adopted by the Iowa
state association will have weight in
Influencing the demand for an investi-
CATION and will hasten the. activities
Of congress in that direction. William
peering Steward, President Of the In
dependent Harvester Company of
Plano Ill, will address the convention
al it's closing session Friday morning
on THE Steel Situation"
Controlled by Bankers.
/ The sisal monopoly will also be dis
eussed in the business session of the
Convention, tho 1t has no regular place
on the prepared program.
- I'VE nave naQ the business Oh tHe
Sisal companies in Yucatan, where
practically all Of the sisal in the
world is produced, investigated.
and we have traced their ownership
back to about fifteen bankers located m
different parts of the United States
There is no necessity OF war which has
boosted the price of sisal and monopoly
sis to blame for it.
Every congressman, every imple-
ment dealer and manufacturer and
every farmer In the United States Is
Interested In this subject and action
must be taken. The monopoly can be
smashed under the federal antitrust
laws because, tho it is doing business in
Yucatan. it's owners and operators are
located in the United States"
Is Resolutions calling for action
against the sisal monopoly will be
at the convention.
Many Exhibits in Place.
The Coliseum is filed with the ex-
hibits of the implement dealers Of Iowa
and other states. and includes all man
3ner of implements, from tractors and
windmills to washing machines and
mechanical mixers. More than fifty
exhibitors are showing their products
OF fha oynoSifiopr