Norwich bulletin., 1922-01-25
A Bulletin To Let
Advertisement WIN Rent Il
PROCEEDINGS ar NATIONAL
AGRICULTURAL CoNFERENe1


Washington, Jan. 2z@The national
agricultural conference got down to work
on details today when the committees
appointed at the first session held their
first meetings The morning was given
over to an open session marked by sew
eraI addresses, including one by Herbert
Myrick Of Springfield. Mass, editor Of
Farm and Home
Some signs Of differences in the confer
ence appeare dafter the defeat today of
motion by J. S. Wannamsker OF South
Carolina for appointment Of a committee
on resolutions. This motion was defeat-
ed on the ground that the Committees al
ready appointed were expected to con-
slider resolutions.
Mr.. Wannamal0er issued a formal
statement later. attacking the conference
and declaring about all tht farmers and
farm leaders have to do in this confer
eice is to shake hands with the president,
meet some official dignitaries. partake of
little ice cream and cake, mad then go
home"
Selection OF committees has been
made IN such a manner" Mr.. Wanna
maker said. "as TO suggest that those re-
sponsible for such service are either to-
tally ignorant OF the qualifications OF the
| delegates or have lent themselves 10 cut
and well baked scheme to prevent the
forward looking farmer representa- ives
from bringing any good whatever from
out-of the conference"
He was confident he continued. tha.
It was the purpose OF those responsible
for the conference to destroy the farm
bloc"
The presidents address in opening the
| conference" he continued. indicated very
clearly that such was the purpose
One question in which the delegates
seem to be particularly interested in is
that Of commodity financing One mem
| Der Of the committee on agricultural
| credit and Insurance which has this sub
iect under consideration suggested today
that plan probably could he worked ont
to provide for commodity loans running
! from SIX months to three years. HIS
proposition would provide for the ware
housing, grading and inspection Of CON-
\ modities, endorsement by banks OF CON-
| modify paper presented by farmers and
/ the handling of this paper through ths
II federal farm loan bank system which
would either discount It through the fed.
eral reserve system or issue debentrres
against the loans in the form of certin.
cate Indebtedness to be sold on the oper
market.
n The committee also has at its dispose
The report Of the joint congressional agri
cultural inquiry commission recommend
ing an intermediate form Of credits which
would give the agricultural producer
working capital.
Proposals already put forward in III,
conference endorse Henry Ford's offer 70
Muscle Shoals and completion OF the S,
Lawrence-Great Lakes waterway proiec
are expected 10 be considered by a sub
committee Of the transportation commit
tee.
Representative Summers Of Texas TO
day submitted to the conferences con,
nittee on markets suggestions for estab
fishing the business Of agriculture upo.
basis Of relatively permanent economi
strength and Of bringing about econon
and uniformity in the sale and distribu
ton" of commodities His suggestion
included standardization Of agriculture
commodities with reference to their us
rather than for future board, transac
TONS" establishment of a warehous
! system under which commodities coul
be graded, stored and guaranteed in as
signable receipts. and sale through
marketing agency by grade classification
with delivery from warehouses OF oris
inal or secondary storage