South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-09-12

Retail merchants have been
swai,Inr the development OF country
Srade. which is expected 70 be- large
this year. due 20 the abundant crops.
and mould rejuvenate an business.
The farmers buying power is the
keynote Of the arch Of trade It's
immediate release is contingent upon
the car supply and prices. IF the
farmer is dissatisfied with prices and
dOlcs out his grain. he viii have less
cash I'm hand 90 spend, although his
aggregate returns may be greater
than II ne poured his crop upon the
market Inability 20 get cars when
he Is ready 90 ship. will restrict his
purchasing power IN like manner.
Bankers are not anxious 20 finance
the operation OF withholding crops
from market except where condl-
lions make 30 highly desirable for
both producer and consumer
Through the National Board Of
Farm Organizations farmers are en-
deavOring 10 Increase their net re-
turn from each bushel OF grain. II
they succeeded in pro- ccting gi-
gantiC wheat marketing organization
AZ contemplated they will gain con-
troll OF elevators az every shipping
point and will distribute n large per
certage OF the total field stabilizins
and increasing profits. n is hoped,
and decreasing prices 20 the con-
sumner.
The plan put before the National
board IS highly ambitious and may
transcend the capacity at present Of
the farmers cooperative movement.
f.-r Of ~ "a tn q
ultimate solution OF the marketing
problem is more than probable. The
modern tendency is Enthusiastically
toward cooperative distribution.
The meeting Of stock raisers. rail-
road officials. bankers and others
called at the packers invitation 10
discuss means Of financing an in
crease production Of livestock is an
important effort 20 fix attention and
unite action upon this necessary
task The future Of the livestock in
.dustry has been tho subject OF much
~1n1 ment and the production Of live
stock during the next few years has
caused genuine concern 20 those
most interested in the livestock in
dustry No one can doubt that live
stock production Will continue The
ration must have meat. But the in
dustry needs stabiliZing. The grow
er and The public need protection
from the fluctuations which reveal
meat alternately as a drug on the
market and an article WOefully de-
fcient In supply. Farmers should
have the assistance OF all govern
ment and private agencies in regu-
Iaung wisely the production OF live
stock. Much depends upon the price
OF corn and hay. which this year
fortunately will be plentiful. Many
factors Complicatc the livestock sit
uation and require the most careful
study The packers meeting while
not held under ideal auspices. per
haps should mark the beginning OF
constructive action.
In the suit recommended against
the international Harvester Co. an
attack is made upon the high prices
- farm implements which have
been such an aggravation 10 the
farmer. Costs i'm the implement in
dustrN are high hut they are sub
fect 10 the same denationery intiu-
cuccs that affect costs and prices
lenCraIIv s. reduction in the price
IL implements and other farm neces
cities u due 20 compensate for price
dchauOn i'm the grain and livestock
markets The farmer entertains
5hc feeling that III foodstuffs are 10
remain at their present level or 10
10 lower. the cost OF all manutac
tured articles and the wages or al
service must decline IN harmony.