Evening star., 1920-10-29
FARMERS URGED
TO MARKET ONLY
TOMEET DEMAND
Conference Recommends Co.
Operative Selling and Asks
Probe of Interest Rates.

Resolutions urging that all crops be
marketed as the demand requires and
that Congress conduct an investigation
of interest rates charged by banks were
adopted today by the farmers confer
ence, in session here.
All farmers were urged to join exist
ing cooperative marketing organiza-
tions or organize new ones. and Con-
gress was asked to give the federal
farm loan board authority to issue and
Sell in the open market short-term Sc
curities based on warehouse receipts is
sued under the federal warehouse act.
Resolution Interpreted.
Delegates to the conference inter
preted the resolution for market
ing as the demand requires" as au-
thoriZing holding movement of cot
ton, wheat and other great farm
staples.
The resolutions as adopted were
recommended by the policy com
mittee, which was appointed at the
opening session yesterday. Benjamin c.
Marsh, secretary of the Farmers Ma
tional Council, refused to sign the
nority one requesting the represen-
tatives of organized labor who have
expressed to US at this conference
their sympathy with farmers need
to secure short time credit, 80 they
may secure at least costs of produc-
President to ask for immediate credit
relief and to lay this matter before
the cabinet"
He also wanted the conference to go
on record to work for the restoration
| Of the railroads to government opera
ton. The representative of the Ma
tiona1 Grange on the committee also
announced that he did not sign the
| majority report, which was adopted
with little opposition.
Charles S. Barrett. president of the
National Farmers Union, urged that
cotton and wheat be held.
The time has now come for action"
said Mr.. Barrett 'Since the govern
ment has failed us we now ask that
government officials stop talking
price decline and give US chance to
help ourselves.
Our union officials interpret the
resolutions you have just passed as
authorizing general holding move
| ment on wheat and cotton. and pos
sibly other products; certainly on
wheat and cotton. for that only will
get us anywhere"
Other Recommendations.
Other recommendatio Of the policy
committee included: Rehabilitation of
the War Finance Corporation: that the
government take the lead in reopening
foreign markets and developing new
ones, and where necessary. financing
| them, and that a public relations com
mittee and a committee to coordinate
! the efforts of various farmers COM
| mittees now working on the question
| of marketing crops be appointed.
The last named committee would be
instructed under the resolutions to
consider the organization of q ma
tional agricultural bank to be financed
by the fAfhherS' 'co-operatfve organise
tionA. The directorate would be chosen
from all the important farm organ
izations Of the country.
Protection of Diaries Asked.
Resolutions asking for the enact
ment OF laws protecting the American
dairy industry from the importation
of foreign dairy products also were
adopted before the conference ad-
journed sine die.
Eugene Meyer, jr., Of New York.
former director of the War Finance
Corporation, addressed the confer
ence, urging rehabilitation of the
finance corporation.