Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-25
20 OPERATION WITH EUROPE IS 8.
4 NECESSARY TO BRING: ABOlU .... \
RELIEF IN U.s., SAYS ANDERSON
peakers Today Suggest Ex-
tension OF Credit To For
leign Nations And Perfec-
ton OF The Cooperative
| Marketing Idea As RENE
\ dies For Agricultural De-
! preston.

sss sss8 Washington, Jan. DISQUALIFICATION
stnsthe economic rehabilitation of Eu-
sFppe, extension of credit to foreign
buyers through the federal reserve
system and perfection of the coop
5efative marketing idea were among
the remedies for the existing agricul-
lnral depression recommended today
3GbEs speakers who were unanimous in
sstke opinion that a&sound marketing
pohcy was of equal importance and
asIone governing production.
20 -.;oll.mltlue approval also was
given the s.. Lawrence Great Lakes
sssssssNr" ay project.
.sasfSs; s.ssssa yernor .lchn M. Parker Of Louis
I 4m1ia, who proposed making . credits
h e 4. n,le 20 10. eign buyers through
tho federal reserve system aroused en-
Ihusia-sln, when he called upon "pa-
sISslopl- Democrats. Of the south to
stand shoulder to shoulder with pa
triotic Republicans of the north" III
&ssha tsSlvrL - t+JivG .he problems before
the conference. Governor Parker de-
Si;tsss.i I'd Lnel'a Vas no foundation for
tshe reports which he had heard tina,
stiisls 3,,i$. :. 4.aIa picked, cut and dried
performance"
Anderson Speaks.
.8j. M. Anderson OF the St. Paul,
aililn, Eq ,lLy Cooperative Exchange
ton with Europe in her efforts to re-
Cover could American economic dif-
ficulties be settled. :
lE,55, After having helped win the war, "
3he said, I'VE owe 1t to, them to help
$4li, v:.l.:..ns peace"
yRs Mr.. Anderson said the United States
Should be represented in the coming
5#internaiional economic conference at
8Genoa4 and should accept representa-
nc
55sSaa.c. ,ai,iil.ation Of Germany Is yneceg-
ESeary to restore Europe, he continued,
$ffs'.sbut this will not be done until she
Knows what she must pay" ~
}S.s sss, Would Enlarge Loan syacna. 4
#E Iie suggested enlargement of the
ssf fed eralt farm land bank system to, al
II low itsstps .tysie and sell debentures
Ssaay:si.st mortgages on elevators and to
%ssthus provide a. new form Of credit.
M &Extension of credit by the government
#.to Europe of one or two billion dol
TX. t s.-; ;,:ulture products, also was adv0-
Gated by Mr.. Anderson, who said the
advantages to be derived would reach
S.g4.. ! 1 cs.h producers and not be con-
sumed in intermediate agencies.
S Isla SPEAKER declared the govern
Y ment should be petitioned to establish
minimum price on certain staple
products through the war finance cor
i lpora ion or through the revival of the
United States Grain Corporation.
= Powell Speaks.
. American agriculture as a whole
Z could protl,aDiy study the factors that
have contributed to the welfare OF
California In the face of general bust
ness depression" G. Harold Powell
i general manager of the California
Fruit Growers Exchange declared.
Mr.. Powell declared the success OF
cooperative marketing depended 'up-
on the will of the farmer to cooper
ate" as1d on the development Of q
s.spirit OF mutual confidence and
trust" between those engaging in the
J. venture lt7