The Tomahawk., 1921-09-08

for JOkerS, those who put 1t through
assure the public that it gives COOP
erative organizations the right to
function on the board of trade. We
find it hard to believe that the farm
ers have won this much of a victory
and will be looking to see what the
game is until we actually see COOP
eratives holding memberships in such
exchanges ard doing business.
DISARMAMENT CALL ISSUED
Secretary Hughes has issued the
formal invitation to the disarmament
congress to the several powers to be
called to Washington for that purpose,
in which he outlines the objects of the
meeting. 1t is conference On the
subject of limitation of armament in
connection with which Pacific and far
eastern questions should also be dis
cussed."
The reasons for the limitation of ar
maments are presented with consid-
cradle force. "The enormous weight
of armament" says Hughes, upon
enterprise and production is stand
ing menace to the peace of the world.
"There can be no final assurance Of
the peace of the world in the absence
of the desire for peace; and this desire
must find effect in practical effort to
remove the causes Of misunderstood
ing"
1t is interesting to note the differ
ences between the administrators
method of handling the matter and
that urged by Senator Borah Of Idaho.
The Idaho senator advises that the
great nations disarm first and then
meet around the table to settle their
differences. The atmosphere Of a
poker game is much changed when the
players have no guns.
Hughes and the administration he
speaks for, on the other hand, work on
the theory that there should be a
show down first on the different i'm
perialistic detectives of the different
nations before any pledge of disarma-
ment can be trusted. Thus if several
troublesome questions between the
powers can be settled first, we can pro-
coed with disarmament.
In the meantime armament will go
on apace.
SENATE PASSES McNARY BILL
After the Norris bill backed by
and independent farm or
CARNATIONS was turned down by the
the Kellogg substitute
was brought out. This in turn was re-
placed by the McNary bill because
Kellogg's attempt appeared little
too reactionary to get by.
The McNary bill has passed the
senate in such form that it provides
no domestic credit relief for farmers
Foreign export aid can
be given by the revived war finance
to associations as we'll as
to bankers and dealers. All Of which
means that farm market sharks will
get any advantages there are in the
bill after the farmer has parted with
his produce.
This McNary bill was linked up with
The bill to provide half billion dollars
for the railroads to make the railroad
go through with less public
protest.
Z
LADD ASKS INVESTIGATION
Senator Ladd Of North Dakota has
introduced a resolution directing the
federal trade commission to make
thorough investigation of the wheat
market beginning with the 1919 crop.
The new farmer member Of the senate
points out that although the conditions
If the export market were alleged to
be the reason for decline in domestic
prices, there was record volume Of
exports of grain from the United
States at prices showing a wide mar
gin over the price at the farm.
He also calls attention to the fact
hat throughout the marketing season
# 192O-1921 there was wide spread
If Is to 20 cents between cash wheat
md futures.
rADN r0AN D0Hnc Nnyu ~