Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1921-03-29
OBSERVATION-DISCLOSURES OF FARM
LOAN ASSOCIATIONS SHOULD Be
PAID FOR LABOR SAYS MR.. POTTS

To get the h,si results from the Ma
tiunal Farm Loan Association its gov
eminent In large measure should emf
nate from me communities served
rather than wholly from a bureau az
Washington, thinks !. Frank Potts.
president 81 the sccrc,aryir'asurcrs Of
ihe Panhandle district.
President Potts believes that 10 foster
.hv cU-oppritivo community spirit and
IA IN Keeping a measure ~ control
With the qBYyyatlon IN the various
stotos that uvfTo should ho AN organizn.
ion ~ tn c5rcurv.tre1smcrs \ meet.
'rg Tor the purpose 90 organizing has
bocn called by W W. Flanagan. four
wears secretary to the Farm Loan
ro1rd. 90 b. hold In Washington April
eoel and letter has been sent by
president Potts from his office IN Here.
'Hrd % The 500 associations boo TrVas.
calling attention a. tho importance 81
he meeting
The national organization ~ these
associations has not been as uniformly
supported hy the sCCr,tlry.trcasur'rs a.
u should" says the president. "aud We
wear its purpori Is not well understood,
being blinded by certain letters adverse.
We will not question their motive. They
may b. perfectly sincere. To say tho
least Of H. they have that RICH, NJ an
american citizen. ON the other hand
you have the same right Ia do little
independent thinking You have rccciv.
"a many letters pro- and con, and pos.
sihly arr fully convinced as 10 what
you should do. but we would like a. call
YOUR attention 90 the Supreme Court
dccislon n SAYS The administration II
this act a. placed under the direction
and control " Federal Farm Loan
Bureau established az tho seat ~ gov.
eminent IN the treasury department,
under tho general supervision of the
Federal Loln Board You see their pow.
ors are supervisory. and not 10 dictate"
In his letter President Potts points
out that Senator cnmcr and Senator
owen. az Vel ne senator Holr. en-.
dorsc the organization movement. and
w q. McAdoO has said the association
can use its funds to promote such or.
ganlztlon and senator Flctehor ad-
yises porfooting the organization nj an
'arly date.
Sleeping IN the Job.
you know full well says the prcsl.
dent. "the effect 81 complete rcprcscn.
alton and the power for good for you
and your association. We. az nssocla.
lions. have boon asleep on the job. the
effect of which We may not he able 70
entirely eradicate DID YOU know tho
Joint stock Banks have an organization
called The American Association ~
loiut Stock Land Banks Room sOi.
ii22 = ST. y. W. Washington. n. G.
10 YOU suppose these fellows consult.
"a 'ho Farm Loan Board about this or.
g'nlzntion and TINT they would have
hcon deferred one minute hy any such
ir'tor 1g you received under date ~
August -. i9?O?"
70 make n possible Tor tho secretary.
'roasurors 20 give the necessary ntton.
'ion a. their business. President Potts
believes 'hoy must be- paid "a reasonable
salary or commission for the services
rendered rather than permit all over.
head money 20 GO 20 swivolchnir Off.
oials IN Washington, who are ont ~
contact with the farmers themselves
Concerning tho my ~ officials tho Lot.
'rr ~ President Potts says,
Swivel Chair Officers.
"Tho momhors ~ the Farm Ionn
Board rot salary Of $40 0O0 a year.
whit is your salary? Under Section ..
Farm L0Iu Act your association may
retain oros.gh'h of I per cont semi.
annually ifr YOU getting ~ n not.
why roi7 Some ~ the associations arc
getting ~ ~ This time. As long o. YOU
win submit ~ doing this work Tor moth.
Ing tho lo7rl ~ Washington viii accent
n gladly. There Or ono and only one way
Tor you 20 rot this-ret together and
mike your wants known. Tho fellows
~No frawoi thie law Senator Hollis
and others. scented the supervisory
powers of Tho ho1rd-said you shall he
entitled 20 retain M commission So
q seems o. ho un "a YOU a. get n. The
"a