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

Reviewing the legislation and execu
tive action Of the present Congress IL
aid of the farmer, Senator Kellogg
enumerated the following:
The emergency tariff law for
the benefit Of agriculture, which
placed tariff duty on farm pro-
ducts.
The law extending the powers
Of the War Finance corporation so
as to relieve the credit situation
among the farmers and provide a
foreign market for their products.
Law approprlating $35, 100000 to
aid the Federal Farm Loan banks
to sell bonds at 5I2 per cent with
out any Increase In the rate Of in
terest to the farmer.
Cooperative marketing bill, au-
thorizIng the farmers to organize
cooperative marketing assoca-
tions.
The packer control law.
The law regulating future trad
Ing In grain.
Bill authorizing the president to
appoint a representative of agri-
culture on the Federal Reserve
board.
Federal aid in the construction
Of highways, from which Mime
sofa has been benefited to the ex-
tent Of many millions Of dollars,
thus relieving rural taxpayers Of
considerable burden.
The senator stated that he had in
troduced many Of the bills which con
gress had adopted for the benefit OF
farmers and that he ha1 supported
and voted for the entire agricultural
program.
MINI. Farmers Get $22,0o0,00o.
A year and a half ago the Federal
Farm Loan Banks were practically at a
standstill. Congress appropriated
1S5,000,0O0 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, $7,179,700 has been
loaned, and $3,597,7oo by the Joint
Stock Bank"
1.-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 fol-
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 $500, 900,
900, and is authorized to borrow a bill
lion dollars more. The total loans w
to the first Of July in Minnesota
amounted to $11,912,73o."
Farm Bureaus Work Lauded.
Zone of the most important bills
passed by the last congress in aid o.
the farmers" he said, was the co
operative marketing bill. l had the
honor Of having charge Of this bill
before the senate. In this and in 9th
er work for the farmers, senator Kel
logg co-operated with the various farm
bureaus and organizations, and hi
spoke in terms Of the highest praise
regarding their efficiency and fairness
Farmers Emergency Tariff Act.
The senator stated that q year an(
a halt ago practically all farm pro
ducts were on the free list, and point
ed out that when at the close of thu
war the demands of the allies for foot
ceased, Canada, Cuba and Argentin,
dumped their products upon our un
protected markets. The emergenc,
tariff stopped the food Of foreign farm
products and prevented the prices O
farm products falling to a still lowe
level
Controlling Cattle and Grain Markets
He referred to the fact that he hat
supported legislation for the contro
of the packing industry and the sta
tute which forbids the trading in fu
lures in the grain markets. Thes
regulatory laws were a part of tn
farm bloc program.
Saved $1,000, 900 Minnesota Road Fun,
When the first appropriation TO
road building was proposed by tn
government, Minnesota's constitution
would not permit the acceptance q
money from any source for "interna
improvements" A law fathered b.
Senator Kellogg, held Minnesota
share of this money in the fedora
treasury until our constitution ha
been amended, and thus saved for on
taxpayers neary $7,000,000.
Lower Freight Rates.
zone of the vital needs of the farme
is cheaper transportation. Railroa
rates are too high"
II therefore favor the developmeu
Of the great Lakes to ocean canal 70
water transportation is the cheapes
after all. Thirty-four miles of cana
Will bring the ocean to Duluth an
add millions Of dollars to our far,
products every year."
Zone thing must be understood-ths
the law is above every man and ths
every individual must be protected /
his right to labor and to enjoy til
! fruits Of his industry" >*r-. +.
VIE ~. 70 Z :. s.4 ! ~ a.