Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-05-25

~" UsIu6 h10e tOf 1ndN10uol1 At the lAMk moment
vhsn neither the resular nominee nor the public has any
reason to suppose that q contest was impesdtne.
FARM BUREAU
Mention mas besn nasde from time to. time Of the
auAsnaHnAire originating with the Farm Bureau Feder-
Mon. upon which all members OF the federation are
invited 70 record themselves in order that there NAV be
! dsnaonstraton Of the desire Of the orxautted farmera
ehs country on the subjects covered. The questions
ssked are:
i. Do you favor commodity financing baasd
On bonded warehouse receipts?
.. Do you favor the DEVELOPMENT 81 . ,ar-on.
q rural credits system with proper afexuards.
D. Do yss favor live stock financing based On
proper pledge Of animals ana feed?
Do you request that authority be granted
ehe Federal Reserve Board to clasxify rediscounts
as TO give prior consideration to loans for banc
production Of all kinds.
5. Do you favor Increasing the limit On Fed
ersl Land Bank mortgage loans from $40, 900 to
g. no you favor asking congress to submi, 10
the state a constitutional amendment. prohibiting
the issuance Of all taz.free securities.
profits tax. -
8. : Are you opposed to the enactnent Of = rem.
eral ales tax.
,. Will you be able to nove a materially ,arr-
Or amount Of Agricultural products II the American
Farm Bureau Federation secures an adequate re-
.ucucn in freight rates?
10. Do you favor tn. building Of farm to- mar
St ROADS prior to or concurrently with the con.
rtruefion Of trans-continental highways?
II. Do you favor the Great Lakes.sx. Law.
rsnee waterway for transportation and other pur-
roses?
H. Do you favor placing the packers under ~.
pervtaon by the government, and the ves6inr az
eueh authority in the Department Of Arrteuhure.
\ 10 Do you favor legislation making Illegal the
: practice OF shortsellinE in agricultural products?
II. Do you favor truth In. fabric Legislation.
Is. Do you favor enabling lesis,ation for co.
operative marketing?
Is, Do you favor other waterway development
for transportation, reelanauon ana power .t this
time?
In some localities there has already been an ex
pressaon on some or all Of these subjects. and 80 far a.
the record is available. the vote Ia fairly unanimous, A,
a rule an affirmative answer has been given to each O
these sixteen questions. 1t may be pointed out that man,
OF these subjects are OF such . character that an affirm
answer may indicate approval Of a general princi
pie and yet be In opposition to any one Of the man,
plans proposed for carrying out tha4 principle, Tbi. II
True Tor instance, OF the first four questions as we'll Il
several otherat The individual may be in favor of som.
plan for carrying out the idea suggested in the question
and stu be unable to find any plan which he he1ieve,
will be safe and usafui. =.
I 70 not clsar just why the federal land bank should
be expected to increase the maximum Of > single loa,
from $4,000 to $4,000. The understanding has no,
been that this federal land bank vas established for th1
purpose Of financing large individual operations. It hal
been understood. on the contrary, that its chief purposl
was 10 aid in financing the operations Of men Of com
raratfvely small means. The farmer who is in shane te
use effectively q loan Of $4,000 is able to obtain tina,
without difficulty through the ordinary channels
This is not always true with the man who needs q $1,000
loan; and to increase tbs maximum, would seem to be a
directly in the interest Of the so-calied bonanxs
farmer and no service whatever to the ordinary tillel
Of the soil.
The members Of the farm organizations generally
are In favor oe continuing the excess profits tax, al
though the facts seem to be decidedly against it. The,
are also opposed to . general sale TAI. although Their.
to be good reason to believe that some measure
embodylng this principle may be useful. Question four
teen, relating to truth in fabric legislation, is a sample
Of the vague form in which several Of these subject.
are presented. There seems to be excellent reason TO,
which will prevent fraud ii the description OF
offered for sale. 1t does not follow that the
pending truth in fabric bill or any other particular bill
will be- of service to the country. Nevertheless, an A.
answer to question fourteen would be inter.
preted a.. committing the individual to approval Of ths
bill which 10 now pendine. Z