Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-12-06

Foreign markets to the products Of
american agriculture and Industry and
TO that end urge such legislative or
Sther actlon as may be expedient to
Dring about active trade relations with
the central as well as the other powers
of Europe
To the Honorable Secretary of the
treasury of the United States-The dele
gate representatives Of 100000 farmers,
members Of the American Farm Bureau
Federation In annual convention as
sembled at Indianapolis, Ind, on this
6th day of December, 1920, respectfully
and earnestly request such immediate
action by the Federal Reserve Board as
Will result in the extension and renewal
of farmers obligations which were re-
discounted through the Federal Reserve
bank, as seems necessary to relieve the
distressing financial situation in agri-
cultural America.
In his address Of welcome, Governor
Goodrich touched upon the organization
of the federation. For your own good
and the good Of the whole country" he
said, lit is well that you are extending
your organization so that finally 1t will
embrace all Of the farmers of America.
those who produce wealth from the soil,
The only real producers Of wealth in the
world. Every other class deals with
wealth that has been stored up by the
Creator in ages past or with the wealth
that you produce and by applying labor
to 1t add to its value"
He said that be was glad to welcome
the members of the federation to In
diana because It is one of the two States
100 per cent organized.
In touching upon the matter of prices
he said that "the farmer is subject to the
same law Of supply and demand, as all
other kinds Of business and the price Of
farm products was bound to shrink now
Just as other prices are shrinking. We
can, however, by legislation and organi-
zotion, do much to relieve the situation.
No people in the world ought to be
kept out Of the American markets II
their condition is financially sound and
they have the ability TO pay In the end
because Of lack OF credit, and the in
ability Of our country TO finance theif
needs"
After touching upon the interest Of the
farmer in the development Of waterways.
Governor Goodrich spoke of some other
legitimate ways In which their interests
can be advanced.
Regulation OF warehouses so that the
farmer may deposit his produce in
licensed warehouse and receive ware
house certificate Immediately available as
collateral for loans, would be great bene-
Mt to the farmers Of America" he said
The regulation Of the stockyards SO
that the farmers may be assured of any
particular class Is a subject Of first I'm
portance. I do not mean by this that
there is any necessarily conflicting in
terest between the great packing indus
tries Of the country and the farmers. 1
would not condemn the packers merely
on account Of their size.
IT, - T..
the scope OF its operation and widening
the variety Of the products with which
Its deals shorten the distance between
producer aud consumer and demonstrate
that It can manufacture and distribute
the products Of soil cheaper than the
segregated units then It Is sound and
ought TO be encouraged rather than dis
Outraged.
In a short address following that Of
the Governor. John G. Brown. president
OF the Indiana Farm Bureau Federation.
also welcomed the members Of the fed
Grafton. and referred 10 the convention
as the greatest gathering OF farmers ever
assembled In the world.
He said that the slogan OF the feder-
alton was "A Square Deal for All and
then touched upon some Of the pur
poses OF the organization.
He said that working singly would
never accomplish what concerted effort
would do toward putting agriculture on
the basis It should be.
Frank W. Murphy OF Minnesota, IN re-
spending to the addresses of welcome.
spoke OF things the federation hopes to
accomplish. and mentioned that among
these the organization wished to obtain
for the farmers the same consideration
industry has received in the development
OF the country.
The American farmer, he said. does
not ask for anything for himself that
be does not conccde to every man and
woman in every walk Of life; but does
demand that he receive his due considera-
tion.
J. Il. Howard, president Of the Amer
lean Farm Bureau Federation, spoka
briefly on some OF the things that the
federation hopes and expects to accom-
plish
The executive committee OF the fed
Grafton has taken favorable action on
$3.50