Great Falls daily tribune. [volume] (Great Falls, Mont.) 1895-1921, 1920-12-10
THIS No TIME
FOR MOP INC, IS
SPIRIT SHOWN
Agriculturalists Conf
dent That Future Holds
Greatest Prosperity.
Denounce Conditions In
ducing Low Prices and
Plan to Remedy Them.

Kansas City, Mo-, Dec. g.
Farmers of the United States
face new era, which will be
marked by a steady improve
ment in marketing conditions,
despite the present discouraging
low price of farm products,
speakers declared here today at
the opening session of the
Fifteenth annual international
Farm congress.
Confidence in the future Of the farm
ing industry was expressed and farm
ers were warned of the danger of cutting
production. Marketing of products on
hand, rather than future production
plans drew the principal discussion.
Condemnation Of the conditions which
brought about the decline in prices of
farm products was voiced by speakers.
Transportation was blamed by some for
inability to market their products when
prices were higher, and boards of trade
generally We're denounced as contribut-
ing to falling prices.
Sees Prosperity Ahead.
Despite calamitous low prices real
era for the farmer is at hand" declared
e. o. Lyman of Utah, vice president,
who directed the meeting in the abb
sence of Senator Arthur Capper of
Kansas, president. =
Il believe low price conditions are
temporary, and that out of the situation
viii emerge greater comprehension of
the nations extent and richness. In
stead of moping now, the farrser should
realize his virtual deiverance from iso-
lation."
He pointed to improved transportation
and communication which he declared
would result in a contact that means
advancement for the farmer and the
country"
Warning farmers of the danger of linn
iting production, DIR. H. J. Waters,
governor Of the congress and former head
Of the Kansas State agricultural college,
said the marketing situation as he saw
it was lone that would improve; not
go further in the mire." He declared
the present apparent surplus in Amer
ican farm products did not constitute q
real issue.
Need Credit System.
Europe and Asia will be served be
said. I'VE have the food and they the
appetites. Some system of credits or
demand will stabilize the market and
prices will be sestored to fair level"
This level, he said, would be lower
than in the peak of war time demand
A letter from Herbert Hoover, former
food administrator, was read to the
convention outlining what Mr.. Hoover
characterized as "the major needs of
American agriculture" which included:
Peace with Europe and participation
of the United States in preserving peace,
that the economic life there may revive
and again restore demand for our
surplus.
"The erection OF international credit
machinery by which we can enable
Europe to buy our surplus pending this
recuperation.
IAN abolition of consolidated buying,
and control Of our farm prices by
European governments
As Permanent Policies.
" These recommendations, Mr.. Hoover
classed as emergency measures. AS
permanent policies he suggested:
"A better marketing system, that all
impediments to the free flow of the law
of supply and demand may be removed
bv constructive and not destructive con-
troll of these agencies of distribution.
Better transportation systems.
Better adjustment of taxation, 50
that the burden may be better shifted
to nonessential expenditure.
Development of farm loan system
in remedy Of the tenant problem.
Sane development Of cooperative
buying and selling among farmers.
"a development of our credit system
to one that distinguishes between credits
for speculative purposes and those for
production and marketing of essentials,
in favor of the latter"