Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1921-09-22
CONGRESSMAN STRONG HERE
Talked Things Over With Friends
At Union Pacific Hotel

Congressman ]. g. Strong was IN
town last night and talked over ma
tional questions with his friends In
Dickinson, preparatory to his return
10 Washington In few days. The
agricultural problem was uppermost
in his consideration and he gave the
following interview to the Rehector'
setting forth his yicw OF the situa-
ton:
"My study of the agricultural sit
uation leads me to the conclusion
that the most important step we can
take to insure the farmers OF the
country a reasonable proht upon
their investment in labor, brains ana
capital, Is to provide proper machin-
ery for the orderly marketing OF the
things they produce" said Congress-
man Strong.
"It IA well known that the bulk OF
the products of the farm leave the
hands of the farmer In period OF
from three to four months, with the
result of the usual autumnal dip In
nrices which the statistics for
quarter of century will show, que
Of course to a gluttering OF the mar
ket." continued Mr.. Strong.
Credit Is Needed
"The lack of market machinery IL
due directly to lack Of organization
upon the part of the producers IN the
first place, but in the second place,
and more important, to lack OF any
svstem of furnishing the credit by
which to operate sane system OIL
marketing.
Presents a Solution
81 have been working on plan
which I believe is capable OF supply
ing this void in our credit machln-
cry.
"some years ago congress passed
what is known as the Federal Ware1
house Act, which provides Tor the
issuance of a warehouse or elevator
receipt upon very strict regulations
to the end that the verify OF the re-
ceipt is always unquestioned. we
have already the Federal Farm Loan
System with its farm loan banks
controlled by the Farm Loan Board
In Washing tOn, through which the
long term farm credits are now De-
ing handled. 1t is my belief thar the
Warehouse Act and the Federal
Farm Loan System can be utilized
ma n basis upon which credit sys-
tom can be built which will NIL the
long felt necessity Of agriculture. III
is my thought that by pooling the
personal credits of the farmer ana
! the stockman, secured by tue 10
farm products or livestock or guar
anteed by local banks, or using the
warehouse receipts, short time Agri-
culture Debentures could be issued
by the Farm Loan banks against
such credits and receipts, at such
rates of interest to the investing
public as the market would from
time to time require and that from
the proceeds OF the sales OF such
Agriculture Debentures we would be
able to furnish the producer with the
money necessary to enable MIN 10
market his products as the world de-
mands them from day to day, with
out fear or danger Of his being
caught by the maturity OF mort
time paper and forced to cell MS
products on a low market - so re-
Gently was the case.
Believes Plan Sound
| II believe this idea is basicly
sound and when put into practical
operation we shall then at last have
arrived at system Of marketing
the products of agriculture through
proper financing which shall insure
to the producer the maximum prices
and at the same time insure to the
consumers thereof those products al
the minimum cost, and this Is tne
ideal for which the agricultural
economist during the past half cen
fury has sought. Such a bill VIII DC
introduced by Senator Capper in the
senate and by myself in the house
early in the next session OF con-
gress."
There was considerable postofice
talk during his stay as eleven can
didates. are after the plate. These
have put in applications and in some
manner three will be ranked as
highest and one Of the three ap'
pointed. Mr.. Strong will probably
dac;de which one is to get the job