New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1922-01-12
Defends BIOc

Senator ltendrick voiced his APP
proVal Of what IL known as the agri-
cultural bloc In the senate when he
said |.
THE prospect OF obtaining modih-
cations in the tariff BILL favorable to
the wool growers and livestock pro-
ducers, Is increased by the fact that
nearly every member OF the so-called
agricultural bloc is In favor OF such
changes, And ! may say here that
the membership of this bloc is com
posed almost exclusively of senator's
from the west ana south. and includes
something like an even number of
members OF both political parties,
Has Public At Heart
"The actions of this group of men
are not based upon an attitude either
In opposition to or in favor Of any
political party neither are they an
tagonistic to anything that speaks for
the welfare of any other industry or
any section of the nation. They are
less concerned as to party politics and
more concerned about tho welfare of
the people for whom they assume to
speak and they have been particular
~ concerned in securing at least linz
tied recognition for agricultural and
livestock interests.
Senator Kcndrck praised President
Tlarding's efforts TO secure some
measure of relief for the live stock
raisers and also paid high tribute
to Secretary of Agriculture Henry c.
Wallace.
1T is doubtful" he said, IF in all
the land a man could be found more
worthy and well qualified or one in
whom there is reposed more universal
respect and confidence than our pres
cnt secretary of agriculture, Henry c.
| Wallace.
AN important part of our leglsla-
| tive program is the enactment of a
law that will prove a more permanent
system OF credits for producers OF
livestock than are now available. We
have at this time one OF the most
effective systems of commercial cred
its enjoyed by any OF the great ma
lions. The farm loan act has provid-
ed a fairly satisfactory method of
making loans based upon landed Sc
curities, but no system of credits has
stockmen reasonable access to loan
able funds at low rates of interest and
covering the necessary period of time
required in the production of live
stock
In talking of the railroad situation
as it concerns livestock raisers Sena-
tor kendrick said: lone of the many
causes that have contributed so large
ly to the distress and encouragement
Of livestock producers has been the
unjust, and we fully believe, the IN
necessary increase in freight rates. y
Market Receipts
In discu ssing market receipts, Sen
ator Kendrick said;
zone of the most serious questions
demanding attention at our hands is
that of congested receipts in our mar
kets. It is reasonable to believe that
stabilized receipts would go far to-
ward stabilizing prices. 1t is becom-
ing more and more apparent thai
there is an urgent need for some form
of concerted action by which receipts
in our markets may be more evenly
distributed. A conservative estimate
WOuld pTODdDlN SHOW ludl Lie IltdN-
lest losses sustained by stockmen are
occasioned through our present in
discreet system of marketing.
Summarizing the problems which
are to be solved, we must first con-
| tend for and secure an adjustment
OF railroad rates that will be based
upon equity and fairness
| ut would seem imperative that we
promptly take such steps as seem ad-
visable toward bringing such inf1u-
ences to bear as will tend to regulate
the volume of receipts in our mar
kets.
Through cooperation with allied
branches of our industry we must ex-
ercise such legitimate influences as
we have toward increasing the con-
sumption and thus the demand for
our products.