The Bowbells tribune. [volume] (Bowbells, Ward Co., N.D.) 1899-1969, 1921-12-23
INTRODUCES BILL To REVV
PRICE CONTROL BY J.. S.

1DtOt OOU
Washington, Dec. 90. Congress
man ] II. Sinclair pf the Third
North. Dakota district has intro
duced fiji congress q bill for the re-
syiyal OF the United States grain cor
poration and the estab blishment of
q minimum wheat price Of $1.50
per bushel for No. northern spring
at CHICAGO ana $1.46 at Minneapo-
lis. The bill Also provides for =
,sn,iriimum price of SIS cents per
bushel for No. 3 yellow corn at Chi
scaro. 18 cents Der pound for cotton
at New Orleans. 5 cents per pound
Tor unWash6d wool at Boston or Do
cents at St. Louis. He proposes
that the government should contrOi
these prices for period OF Tour
years.
In commenting on his bill ,Con-
gressman Sinclair said
Foll0ws Precedent
There have been several plans
surgested for the stabilixati0n Of
farm prices but In my opinion there
are serious Iefeots In most OF them.
The bankrupt condition OF farmers
is 10 general over the United States
that IL we can in the sirnpiesL man
ner possible provide relief In q few
basic products other lines will nat
nrally be benefited. AT the same
time III think such a plan as have
III mind Will be more easy OF enact
nent IL it is possible TO get any ac-
ton &c All from the present congress.
I have used the grain corporation
because the c0nstitutionality of any
plan VIII be attacked unless it fol-
lows precedents already estao- ~
lfsl1ed r
Congressman sinclar's bill pro-
yigles that the United States govern
nent, thru the grain rporatlon,
shall purchase all the crops for
which the prices are TO be designab-
"a thru government control and to
sell II direct to manufacturers ana
consumers both at home and abroad
Al I & price which Includes the cost
of handlins. The text Of the piil
Text 81 Bill
.sna sft enacted BY the senate and
5horss t,f representatives Of the Unit
"a states 81 America ia congress as
srnhfed. That this act may be cit
Cd % the agricultural prices stab
ilaxstiop act, 81 !.
Section q aen uses s Gals
s. s.fay The term controlled agri-
cultural product. means wheat. shell
"a corn. raw cotton; and raw WOOL,
nroducod III the United States
(bl The term gran corpora
tiOns means the United States gram
corporatfon, q corporation OF the
state Of Delaware.
siSoction s.. Upon August d, 1yzz,
1898. 1924 and 1895 the secretary
of arricuitcre, the secretary Of & la-
Dor and the chairman of the inter- /,
state commerce commission snalI
Jointly establish and promuiga.e
minimum prices of controlled agrl.
cultural products OF the crops q
1923, 1924, 1925 and ls16, re- re-
sDectively. Such minimum prices
shall differefltiate between such OF
soificial grader of such controlled az
riculturAl products as nave been es-
tahllshed under authority Of any
law of the United States. and may
aiffere1i itiate, To sucn extent as such
oiiicers of The United States deem
Advisable. between grades to be es-
tahlished Nv ss1ch officers, Of any
cOntrollefl agricultural prod Tor
which 10 such official grades have
het,fi esfab blished. Such prices GnaAl
81 based upon the estt ttmated cost Of
snroducfion az the controlled agricuis
furaf nrofiucts to the producer In