The Lubbock avalanche. (Lubbock, Tex.) 1909-1922, 1921-07-14

State Department of Agriculture,
and,
whereas. Governor Nef has stated
that he would submit this matter at
the special session Of the Legislature,
soon TO convene.
Therefore, be Il resolved by the
Farmers Union of Texas, in conven-
ton at Lubbock, Texas, July ~,
! 1921, that we are opposed TO the
consolidation Of these Departments.
We request the Legislature. TO
maintain the Markets and Ware
house Departments, as separate,
distinct and independent department
and that II be supported by adequate
appropriations.
Resolution No. 4.
Whereas, The unprecedented con-
traction of the national currency and
of Bank Credits, forced on the nation
by the arbitrary decision of the Fed
eral Reserve Board, has caused an
unprecedented slump in prices which
has ruined thousands of trades-reo-
pie. thrown millions of workmen out
of employment and produced IN a
! few short months, nation-wide
wave of crime, suicide and despair,
and,
Whereas, These are the logical and
inevitable results of rapidly falling
prices, which are invariably caused
by contraction of the currency and
Bank Credits, and,
Whereas. The people very gener-
ally believe this action of the Fed
eral Reserve Board was taken at the
instance and under the dictation of
the financial oligarchy conferred in
New York, which has so long con-
troled the finances of our country
and which has precipitated many
panics in former years, and,
Whereas, Our people had gener-
ally believed the establishment of the
Federal Reserve system had made
such manipulation of our finances
impossible, and,
Whereas, This terrible financial
paroxism has seriously impaired pub
lie confidence in the Federal Reserve
System, therefore,
Be it resolved that we ask Presi-
dent Harding to remove at once those
members Of the Federal Reserve
Board who are more largely respon-
]
and especially do we urge that the
Chairman be Immediately removed
as an administrative rebuke and as
an indication that future acts of this
character will not be tolerated.
Resolution No. 5.
National Legislation.
We heartily recommend our Ma
tional officials for their efforts 20
have Congress TO enact legislation
| tending TO relieve the present criti-
cal conditions affecting agriculture.
Our judgment is that the enactment
/ into law of those measures proposed
1 by our officials or endorsed by them
will materially aid so far as it is pos
sible for legislation 20 aid, in restor-
ing a market for surplus farm pro-
/ ducts, which If property utilized by
cooperative sales efforts will permit
the selling Of our products at figures
at least approaching their economic
worth.
Among the measures now pending
IN Congress which we desire 60 see
enacted speedily, are:
l. Packer control Legislation;
2 Regulation of Grain and Cot
7 ton Exchanges;
3. More ample provision for the
efficient operation Of the Land Loan
Bang Act;
4. Financing through government
loan and government control of an
export corporation TO aid in export
/ marketing
8. Legislation eliminating Farm
/ ers' Cooperative Organizations from
! the provision of any antitrust laws.
We are especially gratified that
through the efforts Of the National
/ Union, that Congress has created the
joint Agricultural Inquiry Commits
sion with power to subpoena witness
os and otherwise secure information
about conditions that have caused
such unwarrantcd deflation Of agTi-
cultural products, and TO make COM
parison between agriculture and other
great industries of our country, with
he object Of arriving at a solution Of
he agriculture problem.
We pledge our support to this
laudable effort, and urge that the
commission do not content itself with
a few short hearings in Washington,
but that they visit all sections of the
country and ascertain from actual
farmers at first hand just the true
condition affecting agriculture in its
various ramifications. and actually
discover jest what becomes of the
tremendous margin that now exists
between the farm price and the con-
sumers price Of our commodities.
Resolution No. 7.
War Risk Bureau.
In our judgment immediate relief
10 agriculture can come only when
adequate arrangements have been
made for the sale of commodities in
foreign markets. In order to facili-
tate as speedily as possible this much
to be desired end, We respectfully
petition Congress 20,
/. Broaden the power and scope
Of .he War Finance Corporation so
that they will be authorized TO extend
credit upon foreign bills of lading
properly secured;
2. That the War Risk Bureau, OF
a Bureau with purposes similar to
the War Risk Bureau, be re-establish-
"a With nouar broad anouCh IN he