Pueblo chieftain., 1921-02-28
American Farm Bureau
Committee of IL Reports.

The farmers grain marketing COM
mittee of seventeen on Feb. 16 voted
unanimously to recommend to the
farmers of America a Srain-marketinS
plan based essentially on the incor-
poration of n grain growers co-opcra-
tive national sales agency. 1t is pro-
posed to incorporate the national sales
agency in the form of n non-stock,
non-prort, ain-growers' cooperative
membership organization which VIII
provide for the marketing OF grain by
virtue of contracts with farmers CO.
operative elevators or with local
grazing growers cooperative associa-
tions.
Under this plan nearly all co-opera-
tive machinery now in use Will lit
into the new plan which includes ter
minal agencies. warehouse corpora
tions, export corporations and service
departments. all under one head and
owned and controlled by the grain
growers themselves thru their local,
state and national organizations.
Ample provision is made to take
care OF every detail of the grain mar
kctinS process and the plans are clas-
tic enough to be made applicable to
any section OF the United States.
4 lot OF work is yet to be done by
the committee of seventeen in work.
ing out details and getting n foun-
dation ready that will stand the test.
As soon as definite plan Is ready
it will be submitted to the organiza-
tions interested for approval. a more
complete report will be published In
the next issue OF the State Farm Bu-
reau News.
Livestock Marketing InvestiEntion
begins.
At 10 n. m. on Wednesday. Feb. %.
the farmers live stock marketing
committee OF fifteen. appointed by the
president of the American Farm Blu
reau Federation. VIII hold Its first
session in the Congressional hotel.
Chicago. The eyes of stockmen the
country over are on this committee.
Its recommendations are expected 10
furnish the basis for the most ad-
vanced steps ever taken in America
for the Improvement of live stock
marketing.
Transportation Department on the Job.
Tho department OF transportation
reports that the American Farm Bu-
rcau Federation was represented at
recent hearing on the rules and reEu-
lations covering the minimum
weight and the highest rate on any
kind of stock. A modification of this
rule, which causes excessive charges,
was asked.
The Federal Land Hank Decision.
Many communications are received
at the office of the American Farm
bureau Federation. asking II there
Is not some way in which the dcci-
sion or the supreme court Of the Unit
ed States regarding the federal land
bank act may be hastoned The
American Farm Bureau Federation Is
keeping very close watch on the de-
tails of this matter. There is no
way possible in which any supreme
court decision can be fastened and
no intimations OF what any decision
is to be are given out. There is
nothing to do but wait patiently.
The action against the federal land
bank act has called attention In n
very strong way to the entire mat
tor Of tax exempt bonds. II. G. Me-
dSenzic who has been investigating
Bureau Federation. states that tho
total amount of tax exempt bonds in
the United States, including state,
county, municipal, school, road and
special bonds, will total from $4,000
900, 900 to $4,000, 900, 900. These bonds
have been bought n large numbers in
the last two or three years by wealthy
classes. Because they are tax c0-
empt. there are enough OF them in
existence that, IL they were all PLACID
in the hands of men with $4,000 in
come and up, none OF these men would
nave To pay one cent OIL income lhN.
President Howard has had several
conferences recently with banks and
rc9l estate loan men, mt which he
pointed out the absurdity of attack
ing the federal loan bank act be-
ca,tso its bonds are tax exempt and
allowing to pass unChallcnged the
enormous amount of land and other
tax exempt bonds. Mr.. Howard has
served notice that If the federal land
bank act is declared unconstitutional. |
the formers of the country must in |
sist On all other bonds being sub |
ject to taxation.