Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1922-01-13
Many Problems for
Stock Growers
Of United States

| SoiOTduO springs, COlO., Jan. L.
| Never before have the stockgrowers
of the country been confronted with
as many or as serious problems as
those being faced today, Senate,
John B. kendrick. of Wyoming told
the American Live Stock Association
in convention here today.
1.-THE solution of our task" said
Senator Kendrick, lies along the lire
OF patient and courageous co-opera
ton on the part of ALL Let it not be
said that the laborers are few OF
lacking in diligence"
Senator Kendrick voiced his ap-
prevail Of what is known as the Agri-
cultural Bloc in the Senate when he
said:
| The prospect of obtaining modifi-
cations in the tariff bill. favorable to
the wool growers and live stock pro-
ducers. is increased by the fact that
nearly every member of the so-called
Agricultural Bloc is in favor of such
changes. And 1 may say here that
the membership of this Bloc is COM
posed almost exclusively of senators
from the West and South, and in :
cludes something like an even number
OF members of both political parties.
! THE actions of this group Of men
/ arc not based upon an attitude either
Ill 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 the well
fare of the people for whom they as
sumo to speak, and they have been
particularly concerned in securing at
least limited recognition for agricul-
tural and livestock interests.
| Senator Kendrick praised Presi-
dent Harding's efforts TO secure some
measure of relief for the livestock
raisers and also paid a high tribute TO
| Secretary of Agriculture Henry c.
| Wallace.
IL - Nouptlui, liz SdIt, II III all
the land a man could be found more
worthy and well qualified Or one in
whom there is reposed more univer-
sal respect and confidence than our
present Secretary of Agriculture
Henry c. Wallace.
An important part Of our lcgisla
tive program is the enactment Of a
law that will prove a more perma-
! nent system of credits for producers
of live stock 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
tons. The Farm Loan Act has pro-
vided {, fairly satisfactory method of
making loans based upon landed Sc
| curitics, but 10 system of credits has
yet been provided that will afford to
| 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 raiscrs, Scna-
! tor Kendrick said: zone of the
| many causes that have contributed
so largely to the distress and dis
couraGement Of livestock producers
has been the unjust and as We fully
believe, the unnecessary increase in
freight rates.
In discussing market receipts,
Senator Kendrick said:
"OHe of the most serious questions
! demanding attention at our hands is
that of congested receipts in our
markets. 1t is reasonable to believe
that stabilized receipts would go far
toward stabilizing prices. 1t is becom =
ing more and more apparent that there
is an urgent need for some form of
concerted action by which receipts in
our markets may be more evenly dis
tributed. A conservative estimate
| would probably show that the heavi-
est losses sustained by stocimen are
occasioned through our present indis
Greet 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.
1T would seem imperative that we
promptly take such steps as
seem advisable toward bringing sucl,
| influences to bear as will tend to reg
ulate the volume of receipts in our
markets.
Through cooperation with allied
branches of our industry we must
exercise such legitimate influences as