Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1922-01-26
Agriculture
Group Hears
Divers Plans

Washington, Jan. 25-Proposals
looking to development of American
agriculture as a self sustaining in
dustry were considered today by the
National Agricultural conference
while it's committees continued to
work on suggested, measures to re-
lieve the present acute situation and
provide for general rehabilitation.
The program of addresses which
covered marketing problems in many
phases was interrupted long enough
to permit Chairman Anderson to
deny the charge voiced in some quar-
tiers that the delegates to the confer
ence were hand picked
Mr.. Anderson said that Secretary
Wallace despite the shortness of the
time in which to select delegates
after the conference was called. had
consulted farm organization leaders
and others in making UP his list.
A proposal for establishment of
commodities financing through loans
to farmers running from six months
w tiflc ySdiS WdS SlluOt SSu iettc w.
day by a sub committee working on
| this phase of the rehabilitation pro-
gram. The proposal was said to pro-
wide for creation by the government
Of an agency for discounting farm
er's notes based on agricultural COM
modites and live stock paper.
A number of informal conferences
| were held today both before and dur
ing the conference session by dele
gates who We're said to be consider
ing the proposal of a resolution en-
dorsing the farm bloc in congress.
Considerable informal discussion of
the farm bloc" has followed Presi-
dent Harding's address Monday, it
was said and delegates favoring ac-
ton in support of it are understood
to be canvassing to determine what
reception such a resolution would be
likely to receive.
Reduction of wages paid railroad
labor and of freight rates was recon-
mended tonight by a sub committee
on costs, prices and REIMBURSEMENT.
The committee declared that prices
paid railroad labor and that of other
industries was much greater than
returns received by agricultural Ia
= Dor and that readtustment was nee
essary.
Another sub committee recon-
mended a tariff rate on sugar high
enough to put sugar production in
America on the same basis as during
the war.
The committee on agricultural
credit and insurance, also reported a
resolution urging congress to consider
the ACCESSIBILITY of plan for crop
insurance.
Considerable difference of opinion
developed in the sub committee on
waterways in its discussion of the
st. Lawrence, Great Lakes waterway,
!. opposition being evidenced by New
York interests. 1t was understood
however, that this proposal was en-
dorsed
The report of the committee pro-
Niding immediate credit for farmers
would have congress create an
agency of the government to discount
for any bank or incorporated live
| stock loan association paper on which
they. had made loans for agricultural
purposes.
Extension of the war finance cor
poration from July next until such
time IS may seem necessary and
proper was also recommended. The
committee also urged amendment of
the federal reserve act so as to give
federal reserve banks authority to
NlO9nS liropt for
without the endorsement of a men,
Der bank.
Due representation of agriculture
on the reserve board also was recon-
mcndcd.