The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-01-13
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I Wells Rahiu. Miss Marguerite Gohlke,
soIoist, offered three selections.
The federal reserve system was as
sailed this morning by Congressman
A c. Shallenbsrger. of Alma, Neb-- in
his address before the meeting, as dis
eliminating against the farmers as
. well as being useless to relieve their
credit troubles
knocks Federal Reserve System.
The federal reserve system lets tie
bankers profIteer in credit, under a
government monopoly, while loans have
been frightened UP for the agricultural
interests of the country. now badly in
need OF increased credit. Shalien-
( berger declared He urged more
scientific marketing system for farm
products. as one of the ways out of the
trouble for the farmer. OrganiZa ton
OF the farming interests 10 meet the
organization OF the distributors of
their produce. is the solution. Shallen-
berger declared. The picture he drew
OF the conditions Of the agrtculturists
Of the state. and the unfair deal they
are getting. was distinctly gloomy. and
ShalIeaberger took particular pains 70
arraizn the packers. who have all the
advantage Of the actual producers of
the livestock OF the country, and are
making unfair profits. he declared.
should Eat More Meat.
Livestock men IN the state should
start and carry through an eat more
meat campaign DR.. c. w. McCamp-
bell, head Of the department of animal
husbandry OF the state agricultural
college another speaker on the morn
ing program. declared
The people Of the state are not eat
ing as much meat as they once did,
Mr.. McCampbeIl declared The
American public are curtaiiing their
consumption OF meat and are not eat
ing as much as they should. either
food or from the standpoint of q
heaIthfuI. wholesome diet
This decrease in consumption Is
due in a very large measure to false
and unjust propaganda spread broad
cast thru the country by many
competing food interests against the
heaIthfulness and economy Of meat"
Urges Regulation of Packers
MeCampbelI declared for reasonable
regulation of the packing industry by
the government. more scientific meth
DDS of feeding for meat production.
protective tariff on meat imports from
foreign countries. and with ShalIen-
berger. for a thoro organization OF
the producers of livestock to solve
their marketing problems
JR- Burrow Speaks.
The adjustment which ueces-
sarfIy follows every war IL now taking
place J. R. Burrow. president or the
Central National bank, told the MEM
bers OF the board in the opening ad-
dress OF this afternoons session. on
hear that money is tight and that
IS true but why? Not because of lack
of money or the things it stands for.
but because production is catching up
IL had to come. Prices are failing not
Ta-r~ =fTar
every body produces There u no cause
for alarm IL we just keep our heads
and accept conditions as they are.
Let's don't get panicky. but go ahead
in a sane, sensible way, buying, selling,
prod cing and using
The farmer. BurrOw said. should sell
enough of his products. even at sac
rifice. to pay part OF his indebtedness,
and to buy he things he really needs,
and thus assist IN bringing things back
to a better condition Burrow pointed
out that the merchants are doing the
anne thi1g-selling goods at little or
no profit. and sometimes taking loss
on them. to get conditions back on
firm basis.
Burrow raped the tax exemption
feature OF the present income tax
asserting that Gin reality the tax eX-
emprion feature enable persons with
large incomes to escape practically
all taxation
Exemption Is Unjust. He Says
''The exemption OF federal farm
loan bank, to my mind. is absolutely
wrong and unjust to SO per cent of
our people for no governments can ex-
peet TO retain the support Of Its peo-
pie when it begins TO take money from
the most OF its citizens to overflow
the pocketbooks OF the rich
BurrOw declared that there is now
outstanding approximately $1,000
e0e. 600 OF municipal bonds. and some
s27. 600. 00o. 600 OF government securf-
| ties which are exempt from taxation
a f. Lever TaIks.
A. F. Lever. OF Washington. D c.,
member OF the federal farm loan
board and author OF the Lever anti
profiteering law. il scheduled for an
address Late this afternoon. George
Livingston. chief OF the bureau Of mar
kets of the United States department
Of agriculture. advised the board yes
terday that he would not be able to
appear on the program p o Wade.
OF the same bureau. is TO appear this
afternoon in his place
Helen 3. Thompson, dean Of the d.
vision OF ZONE economies Of the state
agricultural college. is to speak tonight
on The Farm Daughter Hope