The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1919-09-26

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Washington, D. C.-By \ vote of
1oe to Z the house ON September 10
PASSED the bill amending certain SEC
lions Of the federal fam loan ack 50
Is b eliminate red t.pe in the work
Ag Of the farm loan association. Lit
Tie opposition to this hin is expected
il the senate and IN effort viii be
made to have it ready for the presi-
40es signature On his return 70
Wellington the end Of this moath.
As amended by the house the fed
e@ farm loan aet now carries The
f10winG changes:
l. The appointment of IN assist
81 registrar in each Land hank dis
tlict is provided, this Official 10 have
Ahodty to receive applications for
leans IN the absence of the registrar.
z It is provided that ON approval
It loan the applicant is automatic
~ made = member of the farm loan
association to which his application is
Dade- His name does not have to
BE voted ON by the association
:. The provision that al three
members Of The loa1 committee of 4
farm loan association shall be re-
4ired to make 4 joint appraisal Of
tie land of IN applicant is eliminated
The report of the land hank appraiser
i Ill that is necessary for this vala-
atom
L. It is provided that advance
amortization payments may be made
u denominations desired by the loan
holder.
& The minimum farm bond IS
Fixed at 500 denomination, ON the
ground that bonds of small denomi-
nation are regarded, not rs IN invest
Dent but practically rs currency.
PACKER WITNESSES EXPOSED
In = letter sent to Senator Grunna,
Chairman of the senate agriculture
Anmmittee, this week the Southern
Wholesale Grocers' association gives
. sharp reply to the statements of
ohe packer press agents in Washing
~ that out of 80 witnesses who have
testified before the agriculture COM
Hittee ON the K@yua and Kendrick
hnensinx bills, IS we're opposed to
1Aese measures
In this letter Lewis H. H.ney. di-
rector Of the research bureau of the
Wholesale GroeefS' association, as
edits that of the 50 witnesses unfav-
Ooble to the Kayun and Hendricks
- are of three classes:
I. The paid employees Of the bigl
aackerS
e The packer subsidized Wit
& The witnesses Who are afraid
Il the big packers-
Asserting that . majority of The
o have appeared before the senate
slnmittee ut packer expense, accord
~ to his information, Mr.. Haney,
requests that the committee "can Mr..
Crooks of Swift & Co., put him under
saGh. and ask him how much money
he Big Five packers have spent orr
Ave become obliged to pay to datei
u r.ilroad fares. hsta bills, etc. for
1he devoted 88 witnesses"
1lOCKAEN WANT REGULATION
A powerful and active propaganda!
.n1hine built up IN Washington byI
he packers has been trying to cre-I
see the impression that livestock pro-
11cers are opposed to the enactment
Il the Kenyon and Kendrick bills fori
Rncker control The fact in this case;
Is th.t the American National Eve-i
sock association. one Of the largest
organizations of Livestock producersI
u the country, has heartily indorsed
- packer Control legislation
Commenting ON the packer cam
Paign of misrepresentation as to the,
aod raiserS attitude. William KEN, !
formerly a member Of the United |
States tariff commission and nox