The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1922-08-24

HeV1oW1ng the LEGISLATION and eXeCu.
tive action Of the present Congress In
aid of the farmer, Senator Kellogg
enumerated the following:
The emergency tariff law for
the benefit Of agriculture, which
placed a tariff duty on farm pro-
ducts.
The law extending the powers
Of the War Finance corporation 80
as to relieve the credit situation
among the farmers and provide a
foreign market for their products.
Law approprIatIng $35, 100000 to
aid the Federal Farm Loan banks
to sell bonds at 5N per cent with
out any increase In the rate Of in
terest to the farmer.
Cooperative marketing bill, au-
thorizlng the farmers to organize
cooperative marketing associa-
tions.
The packer control law.
The law regulating future trad
Ing In grain.
Bill authorizing the president to
appoint representative of aqrl-
culture on the Federal Reserve
board.
Federal aid in the construction
Of highways, from which MInne-
sofa has been benefited to the ex-
tent Of many millions Of dollars,
thus relieving rural taxpayers Of
a considerable burden.
The senator stated that he had in
troduced many Of the bills which con.
gross had adopted for the benefit OF
farmers and that he han supported
and voted for the entire agricultural
program.
MINI. Farmers Get $4,000, 900.
A year and half ago the Federal
Farm Loan Banks were practically at a
standstill. Congress appropriated
lS5,000,000 for their use and now he
said these banks are now loaning to
their fullest capacity. In Minnesota
alone since the banks resumed bust
ness in June 1921, s7,179,7o0 has been
loaned, and $3,597,7oo by the Joint
Stock Bank"
"The bill which l introduced" he
said, land which became a law, ex.
tended the life of the Finance Cor.
poration for one year, and provides
that in order to create a market for
farm products and to carry such pro
ducts until they are sold the corpora.
ton Is authorized to make loans. The
corporation has capital Of $5OO,00O,.
900, and is authorized to borrow bill.
lion dollars more. The total loans up
to the first of July in Minnesota
amounted to s11,912,73o."
Farm Bureaus Work Lauded.
lone of the most important bills
passed by the last congress in aid of
the farmers" he said, was the CO..
operative marketing bill. I had the
honor Of having charge of this bill
before the senate. In this and in 9th.
or work for the farmers, senator Kel-
logg co-operated with the various farm
bureaus and organizations, and he
spoke In terms Of the highest praise
regarding their efficiency and fairness.
Farmers Emergency Tariff Act.
The senator stated that a year and
a half ago practically all farm pro.
ducts were on the free list, and point.
ed out that when at the close of the
war the demands of the allies for food
ceased, Canada, Cuba and Argentine
dumped their products upon our I'm.
protected markets. The emergency
tariff stopped the food Of foreign farm
products and prevented the prices of
farm products falling to a still lower
level
Controlling Cattle and Grain Markets.
He referred to the fact that he had
supported legislation for the control
of the packing industry and the sta.
tute which forbids the trading in fu.
lures in the grain markets. These
regulatory laws we're a part of the
farm bloc program.
Saved $1,000, 900 Minnesota Road Fund
When the first appropriation for
road building was proposed by the
government, Minnesota's constitution
would not permit the acceptance OF
money from any source tor internal
improvements" A law fathered BY
Senator Kellogg, held Minnesota's
share OF this money, in the federal
treasury until our constitution had
been amended, and thus saved for our
taxpayers neary $1,000, 200. =.
Z. Lower Freight Rates. -
zone Of the vital needs OF the farmer
Is cheaper transportation Railroad
rates are too high" )
II therefore favor the development
OF the great Lakes to ocean canal for
water transportation is the cheapest
after all. Thirty-four miles Of cana,
win bring the ocean to Duluth and
add millions Of dollars to our farm
products every year." sss :SsszE= IT'D
Ono thing must be understood that
the law is above every man and that
every Individual must be protected IN
his right to, labor and TO enjoy tn
fruits Of his Industry Z