The New York herald., 1922-01-26
FIX CROP PRICES,
RADICALS DEMAND
Farm C0nferees Split Over
Wheat, Corn and Cotton
GUARANTEES.
THREATEN TO USE BLOC
Backers of Treasury Raid
Outline Drastic Legis-
lative Program.
ALL JOIN ON MARKETING
Conservatives Agree That Co.
operative Selling Must Be
Legalized Fully.
ALL JOIN ON MARKETING

Special DispotcT to TIE New YORK HraALD
New York Herald Bureau.
Washington, ID. c., Jan. 25.
In the belief that the agricultural bloc
in Congress will do their bidding even
to the extreme of class legislation, the
radical elements in the Agricultural
Conference were quarreling among
themselves tonight over how big a
raid they should attempt on the Fed
eral Treasury.
The radical group, believing this is
the time to get everything in sight.
wants the conference to indorse per-
manent policy Of governmental price
guarantees on the three chief Ameri-
can farm products, wheat, cotton and
corn. If the conference refuses to do
this the radicals declare they will go
directly to the agricultural bloc in
Congress and get 1t done.
j. M. And erson. president OF the
| Equity Cooperative Exchange Of st.
Paul. caused a sensation at the open
meeting to-day by throwing away his
set speech and coming out determinedly
for participation by the United States
In the Genoa conference and also in the
German reparations committee delibera-
! lions.
IT have been advocating that the
Federal Government should extend one
or two billion dollars credit to Europe
to assist them in buying agricultural
products" Mr.. Anderson said. Il real
ize, however. that 1t is not fundamen-
| tally sound as a permanent policy.
Demands Peace Basis.
"Now, you must have peace before
you can expect people to go to work.
Nobody is going to work IL he is in
| doubt as to what his compensation will
be. or IL he Is not certain there is going
to be government which Will protect
his property and life.
"Those things can only be settled by
| the participation of this country In the
settlement--I do not care what others
may think. We were engaged in the
war to help win It. We should not
shrink the responsibilities OF restoring
peace. This Is not q criticism OF our
| President or our Congress. / am here
to state what believe to be the truth.
I'VE have been told by leading econo-
mists that Europe cannot be rehabili-
tated unlcss Germany is put on her
feet. and that Germany cannot be
placed on her feet commercially or
economically until she has been told
what her reparations will be. There Is
commission appointed to determine
| AZ. fzvxo ha %f tina ix,
which to pay. A seat has been reserved
for our nation, and believe we should
accept the invitation to participate Ly
appointing a representative on the
Reparations Commission
Many Subjects Discussed.
Other speeches We're delivered by Gov.
James NJ. Parker of Louisiana, who
discussed the marketing of co otton Will
lam l., Wagner, who discussed the ques-
tion of distributing farm products; G.
Harold Powell, general manager of the
California Fruit Growers Exchange,
who discussed cooperative marketing.
! and Carl williams. president OF the
| American Cotton Growers Exchange,
who discussed cooperative cotton mar
keting.
While the committees were struggling
with the recommendations to be brought
before the conference tomorrow the
radicals. chiefly the National Board Of
Farm Organizations. held a meeting, In
which they mapped out program
which they will seek as n minimum. The
main features are.
Affirmative legislation by Congress
/ making II legal. specifically for
farmers and those engaged i'm kin
dred lines, to work together In the
| marketing of their products-this
| commonly known as the policy OF CO.
operative marketing.
] Governmental guarantees on the
chief American products. wheat, cot
ton and corn. these prices fixed In
advance by Federal agencies which
take into consideration all costs of
production, including farm labor.
snecifc wages for the farmer him
SELF interest on investment ana
| reasonable profit. Under this scheme
the Government would buy surplus
stocks for foreign distribution. as
was the case during the war.
! The continuation OF the War
Finance Corporation as Federal In
strumentality for making commercial
loans to farmers, TO aid in the pro-
duction Of agricultural and allied
nroducts. Instead OF issuing bonds
10 raise the money lent the Govern
ment would have the Finance Cor
noration issue Treasury notes-slm-
ply n printing prees process.
Program of Conservatives.