Arizona republican., 1921-02-09

consideration of the state land prob lem: the difficulties in the way of live stock sanitary board an examination of the relations existing between the cattlemen and sheepmen; taxes; wild animals and rodents, and miscellaneous items. In ending his address he pledged ! his whole effort to the welfare of the association.
 | Then came the appointment of the convention committees on resolutions, auditing. financing and nominations. l The appointments follow:
 Resolutions committee-C. B. Laird, chairman; J. D. Parks, E. W. Coker, Ed Horrell. J. M. Ronstadt, Charles l.. Rigden, l. NJ. George. P. H. Carr, C. E. 1 Stewart, William Coburn, J. H. Getz- weller, James Wingfield, Jr.; William Fourr F. H. Grabb, W. A. Saunders, T. F. Wilson, Elvin Ellsworth, James l Cashion, C. F.. Slaughter, Fen Hildreth, William Babbitt, c. E. Wiswall, Lou Charlebois, E. H. Diffield and E. A. | Sawyer.
 Auditing committee-E. w. Coker, chairman; W. H. Parks and E. G. | Clemans.
 Financing committee-E. H. Crabb, chairman; c. w. Davis, John W. Nor ton and I. M. George.
 l Nominations committee Frank P. Moore chairman; John Armer, James | Wingfield, Jr., E. w. Carrow, M. Twain | Clemans, c. w. Davis, S. c. Barrow, Leslie Clayton and E. Walter McKen- zie.
 The appointment of the committees brought the mornings session to a close. The delegates convened again at | 2 o'clock in the afternoon, when l.. H. Crabb, chairman of the Arizona live stock sanitary board, spoke on The Problems of Bowman" After a few | remarks concerning the difficulties be-
 setting the work of the livestock sani- | tary board, he explained that his sub ject was an inexhaustible one, for cat | tlemen have all the problems of the business man and then about 2,000 peculiarly their own.
 The lndustry's Needs "The needs of the cattlemen at this time." MT. Crabb said, 'are suitable credit, proper range, ample protection and stabilized markets Suitable cap itaI means that we should have loans extending over five-year period in stead of six months to which we are usually restricted. In this matter the 1 federal reserve banks have been. as far as we are concerned, true to their names, for they have been so reserved that we could not get to them.
 "The problem of ample range is pri- marily a problem of individual control of the range, and this is so vital to the cattle growing industry that in Arizona and the other states of the southwest 1 it will be a reality within 10 years. The third need of the cattleman is ample protection-and by this I mean particularly protection against the pro- 1 fessional squatters who are using the | United States land laws not to make homesteads but to force the cowman to buy them out.
 Proper markets are another of the I prime essentials of the success of the 1 industry. Much legislation has beer proposed, especially as far as the pack 1 CTS are concerned, in the attempt tc | furnish markets. am consistently op- l posed to legislation supervising the l packers, not because I love the Big | Five, but because believe such legis- | lation will react unfavorably upon your prosperity and mine. The surest way to curtail the development of a country is to lend our aid to the SUD- l port of the commission form of gov- | ernment.'
 Federal Reserve Official Speaks The next speaker was John U. Cal | kins, governor of the federal reserve bank at San Francisco, whose subject 1 was "The Federal Reserve System and l the Farmer" MT. Calkins took imme- diate exception to the remarks made by MT. Crabb concerning the federal banks and the stock grower and devoted his attention chiefly to discussion of the I lcutId ICSrING EJSlCLi e1itu eAll CA1At1A- ination of banking practice.
 ''In travelling over the territory in
 cluded in the twelfth federal reserve
 district and talking with men in every walk of life, I have come to the con clusion that the federal reserve bank ing system is extremely popular, except in this particular section of the south
 west" Calkins said. If as the pre-
 ceding speaker intimated, the prob
 lems of the cowmen cannot be solved should the business be dropped? Blu I do not believe that the problems ar ! insoluble
 Credit is matter in which yol are all vitally interested. and the busi ness of money is nothing more no
 less than the dealing in credit. A banl
 receives money from a depositor onl to loanit to a borrower, and they mus i, be faithful to the banker if they ex ! 1 pect the banker to be faithful to them. Bankers cannot loan money fo
 long terms without jeopardizing thei ability to take care of their regula r customers, for their usefulness con , sists in turning over his money a. , many times as possible in order [ , help as many borrowers as possibl, : Any disposition on the part of tn, , farmer or cattle growers to have tn [ l bankers of the country extend lon
 terms loans is iniquitous to the las
 degree.
 ? Now, to show you that the feders