The Omaha morning bee. [volume] (Omaha [Neb.]) 1922-1927, 1922-10-23

Wheat shipments and credits to facilitate the purchase
Of our wheat and will be limited and controlled in
such not to raise but rather lower the price
Of flour here. The government has a power within
tain limits to regulate that"
The policy that President Wilson thus announced
August 1919 s plain enough for any understand
even though he doesn't know the meaning Of the word de
faton IL covered his plans not only for the reduction Of
the price OF wheat and flour but of meats and other
foods for plainly the reduction of the price of flour alone
would not relieve railroad labor in the Of living
President Wilson took immediate steps to carry out his
plan. In December, 1919, the Federal Reserve bank
nounced that would increase interest rates. and did
The rate in December. 1919 Az per cent. The in
crease in interest rate that followed in few weeks brought
the rate to 7a per cent. President Wilson making
good with railroad labor by breaking the farmer
The next step that followed Wilson's announcement
notice Januayl6, 1920 from the federal
board to the branch bankLoans from Federal Reserve
branch banks must be radically reduced"
This was the second step in defation. 1t was the last
straw that broke the farmer
Europe, in the meantime, the having been for
year. producing grain again and under the Underwood
tariff law, all farm products except and few other
southern products entered free And right at the time
when the farmers credit being cut off, the country
flooded with cheap and other farm products from
Europe.
II the attempt to break the farmer had been Intentional
ana deliberate coud not nave been effective. WINE
the single track mind Of Woodrow Wilson making good
with railroad labor the farmer being put out of business
Did Senator Hitchcock raise his voice in protest against
the announcement of Woodrow Wilson August 8, 1918?
Did Brother Charley his voice against this policy
in the Commoner?
Senator Hitchcock should have been back from the
shore and at Washington by December: 1919 Did he raise
his voice then against the increase in interest rate of the
federal board from Az to 7z per cent? Did he
object, at that time to President Wilson thus making good
his promise to railroad labor?
Did Brother Charley in the Commoner have anything
in protest against this debace to the farmer in De-
cember, 1919?
Again on January 16, 1920 when further following out
Wilson's promise to railroad labor the federal reserve ys-
tenn instructed all branch banks to radically reduce loans
was Senator Htchcocks voice raised in protest? Had he
not discovered that time what effect this would have
the Nebraska farmer?
Was there anything from Brother Charleys' takave
tongue in the Commoner January, 1920 against this an
nouncement of the federal system? Or he in
ignorance then of the effect this order would have the
Nebraska farmer he has proven ignorant recent
many things that candidate for of Ne
braska should know?
Other members OF Senator Hitchcock and Brother
Chareys party loyal members of the southern bloc as they
were were not discover the meaning of Woodrow
Wilson's announcements and policies. On January 3D. 1920
senator Owen democrat Oklahoma attacked the Wlsonian
pocy of raising rates Senator Simmons democrat
North Carolina did not hesitate to by restriction OF
credit al the wrong mecouped with the fact of taking the
lid practically off the interest rate the federal reserve board
is largely responsible for the condition in which the farmer
finds himself today
Since the beginning Of the campaign the senator and
grother Charley" tried TO blame the republican plat
form plank Of June 1920 for the deation which broke the
farmer and which was announced by Woodrow Wilson 20
railroad labor on August 1919 as shown by Senator Hitch
cocks own paper issue of August 1919 page two. quoted
at the beginning Of this editorial,
OF "what sort Of clay" Nebraska voters con-
sructeds Or rather Of what sort of clay do the senator
and Brother Charley think the Nebraska voters
strueted9
Senator Hitchcock may be rardoned on account Of his
long absence from the state for his ignorance Of the voter
and from the fact that for he has associated only
With people of his arsocrac tastes and only once dur
ug the ak years and then for few weeks only does he
make contact with the plain people of the Nebraska plains
Brother Charley" TOO, should not he Judged too
harshly for he an inside man. office man for The
most part Who sits a desk, garbed IN black cap and
edits hs sopy prepared hy his wsl'Anewn brother ns,
toe has lacked contact with the people 81 the plains except
ieF his campaign, A