The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-10-25
FARMERS ASKED
TO HOLD WHEAT
Proclamation of the Ma
tional Wheat Growers
Association.
SET FORTH REASONS
Claim Welfare of the Public
VIII Be Damaged by Any
Other Course Now.
uy = NJ. sARCHET.

pONCA CITY. Oct. 2i.--Au
ubeat growing farmers have been
,e1iio.t,d through "a proclamation
is,ned hy the officers and directors
~ thc National Wheat Growers as
sociati0n to suspend the delivery OF
nbeat from their farms TO market
Of q o'clock on october 23 and
continuc until such a time as the
nrico of good wheat has retraced It's
soNnvaid plunge and is stabilized
A. 50 per bushel at the growing ter
mlnal market" All local and coun-
~ wheat growers associations are
asked TO meet on the afternoon of
october 90 to ratify this action, and
ali farm ORGANIZATIONS OF all KINDS
/, tho United States and Canada are
urged TO cooperate. IL is alleged
mat SO per bushel ia "the cost of
nroduction on a 10 year average
yield per acre.
Local wheat growers. returning
from the national meeting where
ihis proclamation was issued, setting
october 20 as the date to suspend
wheat delivery, have brought back
copies OF tho proclamation--l 1t In
yites all agricultural colleges, agri-
cultural stations, state boards OF
agriculture, chambers of commerce,
state and county farm bureaus,
union labor and all organizations and
associations interested in the pub
lie welfare and prosperous times to
endorse and encourage this interna-
,ona effort of wheat growers to sta
blllze the worlds greatest food crop
at cost OF production to the end that
they be not banlSrupted and incapac-
hated TO continue the production of
wheat"
VIII Result I'm Panic.
The proclamation, as issued, de-
clarvs that the decline in the price
o, wheat below half the cost OF pro-
dnction, with the decline continuing
rapidly. affects all classes OF citi-
ems disastrously and will, IL not re-
stored. result in an Industrial and
financial panic equal to any OF the
preceding ones, for the Following
reasons:
l. The decline in wheat price
pulls down with 1t the price OF all
other farm products.
yx NEUTRALITY-SUSPICIOUS.
- q 1t will result in driving hum
dreds OF thousands Of farmers to
ind lstrial centers to compete with
union labor for Jobs that pay better
than farming.
3. Low prices for farm products
will XIII farmers consuming power
by rendering him unable to buy
high priced commodities he needs,
thus eliminating one half OF the con-
suming power OF the United States.
4. Low prices for products and
labor will result in high priced dol
lars with which to pay our debts,
Since the debt was made with cheap
dollars they should be kept cheap
Yuiil It is paid off.
9. Wheat growers expenses Tor
labor and equipment in raising tins
Years wheat was the highest average
In the last ten years. Now that the
price Is cut in two he stands to lose
one half his investment in labor ana
overhead expense in its production.
g. As the average consumer pays
only one and one-half cents day
10 the wheat grower for every dollar
per bushel of its price, or one-hAli
cent per meal, three dollar wheat
would cost the consumer only tour
and one-half cents a day or one ana
me-half cents a meal, as the wheat
Mowers share. That could not DC
hardship on anyone for his prl-
mary food.
l. Forcing down Nnc piIte
wheat now while the grower is sell,
ing is the board OF trade gamblers
device TO get possession OF It at the
lowest possible price regardless oil
: It's cot to the producer. Iheh'
after It gets in their possession they
will hold it off the market ana run
the urice upto an exhorbitant figure
nor bushei on the board of trade
and the consumer will get no benent
from the sacrifice now being made
by the wheat producer
II Is declared that this proclama
uon Is to stop this scheme OF the
gamblers in wheat TO hold up IN.
public for hundreds OF millions ol
dollars in tribute to profiteeriht
wheat dealers and to give ran
wage and overhead expense 10 tht
growers pf Nhpat