Morris tribune., 1921-07-29
R A depAxtr especa-
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The purpose of the corporation
would be to serve as a credit clearing
house, collecting and sending out in
formation as to credit resources and
needs, and helping to distribute
available agricultural credits where
most needed. It would distribute
lsort of farm credit pool, with view
to making available additional credit
for marketing of farm products and
to limited extent for production, as
well, particularly for the building up
of pedigreed herds.
Uniform Tax Laws Sought
The opening session of the Midwest
Farm Bureau conference was devoted
to study of tax, conditions as they
affect farmers in various parts of
the middle west. The discussion, lead
by presidents of the various bureaus
represented, developed the fact that
taxation methods vary widely in diff
ferent sections.
The conference passed a resolution
Icalling on the American Farm Bureau
federation to appoint a national in
vestigating committee, to study tax
methods in various states and sug
lgest uniform methods as basis for
changes in tax laws Of the states. The
aims of such a committee should be
Itwofold, the reduction said. 1t
should aim to bring about tax adjust
ments so that agriculture shall bear
it's share of taxes in relation to other
interests, and to obtain uniform laws
so that agriculture in one part of the
lcountry may not be penalized by
heavy taxes for the benefit of COM
peting producers in other sections.
Grain Growers Discussed
The afternoon session Of the first
day was devoted to discussion of the
relationship between the farm bureau
declarations and the U. S. Grain
Growers, Inc. C. II. Gustafson,
president of the grain growers, out
lined the ideas that are being incor-
porated in the preliminary drafts of
a contract between Grain Growers
and the Equity Cooperative ex-
change. The intention, he said, was
to provide fon use of the elevators
and terminal facilities of the Equity
for grain controlled by u. S. Grain
Growers, the grain to remain under
the direction and control of the ma
tional corporation while being mar
keted through the physical proper
ties Of the Equity. The tentative con-
tract, he said, would give the u. S.
Grain Growers an option to acquire
the properties of the Equity at the
expiration of a certain period of
time to be agreed on.
Tariff Bill Criticised
The morning session of the second
day was devoted to a discussion of
; agricultural legislation, lead by
Chester Gray, president of the Mis-
| souri, Farm Bureau federation.
, Two of the measures backed by the
; farmers through the bureau, he said,
. have passed congress Phipps-
Dowell act providing farm-to-market
road construction under state super
vision, rather than transcontinental
=, highways under federal commission
, supervision as provided in theTown-
send bill; and the act providing $685.
100000 working capital for the fed
= eral farm loan system, so that loans
! need not be delayed through lack of
:, funds while new bond issues of the
,, system are being floated. Packer
, regulation legislation has passed both
houses, he said, but is now in con-
ference. C. H. Gustafson, who is
chairman of the Committee of Fiji
teen investigating livestock market
= ing declared that amendments
attached to the bill as it passed the
= house would mean a severe blow tc
:, agriculture if finally passed. One
amendment, he said, would seriously
. cripple the federal trade commission
- The debate then developed into q
= pointed attack on certain provisions
of the permanent or Fordney tariff
= bill.
~ "It appears that there may be {
y great number of jokers in the bill,
Mr.. Gray said. "In many cases i
y absolutely fails to give the farmers
y the protection they must have; it il
not truly protective"
y Argentine can ship corn to tn,
y United States, pay the Is cents ;
- bushel duty and lay it down in tn
= United States market cheaper thai
y the corn producer of the central ives
can," Mr.. Gray said. "The situation
- seems to be similar on wheat. TIL
ad valorem duty on wool gives tn
\ wool grower of the northwest vir
tually no protection at all"
"The wool schedule gives the woo
~ grower only cents pound protec
70 ton in this part of the country,
:, said George McKerrow, president o
- the Wisconsin federation. "The for
:. eign producer can ship wool into tn
- United and sell at Is cents a pound
- that is only half of what we mus
~ have to make ends meet ~