The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1922-03-13

OF sale. Briefly told the story is as
follows:
purchased II head of feeders at In
dianapolis yards, on Nov. 5, 1920. Aver
age weight 421 pounds. Net cost of
the lot s56S.4O.
Cost of Feeding.
zoo blu. corn at Soc 500 90
tons clover at $40. .. 5000
Atom cotton seed meal 1890. 1900
! u ton bran 10 90
Io tons OF straw at $3.50. 1900
acres of silage at $40. 10000
100 blu. of oats at Soc. $500. 5000
Total cost of feed. $4,000
Cost OF cattle S56S 40
Grand total s97S 40
These cattle. which were bought on
November 8, 1920. at a gross weight
OF 'I4U pounds and at cost of
So6e.40, were sold here in Richmond
on June 10, 1921, at a gross weight of
Sl4.565 pounds and for the net sum of
$l,292.o5 1t will be observed that no
allowance is made for freighting from
Indianapolis, or for interest on the
investment. These two charges, ac-
cordlng to Mr.. Hunt, were more than
offset by the fact that for the feed
Dill charges made above he fed three
mllch cows during the whole feeding
period, from the supplies accounted
for
Commission to Mexico
1t is the opinion Of J. r. Howard,
president of the American farm bu-
reau, that Mexico needs literally
everything American farmers produce.
therefore he is deeply interested in
the promotion of trade with that coun-
try. He has accordingly accepted the
invitation of the Mexican government
to send commission to that country
| TO investigate the situation and will
personally head a commission of his
| own selection, which will start for
! Mexico late in March.
| AS an indication of the demand for
American live stock it may be said
that the Mexican government recently
| bought 10000 pure-bred pigs and more
| than 1000 head of dairy and beef
cattle in this country, for breeding
purposes. 1t is also a fact that our
business with Mexico has been in
creasing of late, and this has been rec
ogn1zed by the appointment of trade
committees by several of our large
cities. That organized agriculture
should fall into line for the promotion
OF the farmers business is in step
with progress.
Farmers Making Progress.
! PRESIDENT Harding, in a letter to
Eugene Meyer, Jr, director of the war
finance corporation, confesses aston
ishment at the scope of the loans for
| agricultural purposes He declared
that the country was making splendid
progress toward the dissipation of our
agricultural difficulties" The letter
was IN response to one from Director
F.! Meyer on the record of the corpora
ton. and relating to the rising prices
OF agricultural products. One para
graph in the presidents letter is espe-
cially worthy of full quotation: it
reads as follows:
There can be no restoration of gen
eral business stability without the es-
adjustment of an equitable RELATIVELY
between the producers selling price
and the cost to the consumer. These
facts which you cite are cheering
evidence that we are moving fast to-
ward establishing that necessary bal
ance"
F.! Some Astonishing Figures.
| The president quotes figures from
the finance corporation showing that
at the end of February the corpora
ton had approved more than 5000 ap-
| plications from banking and financing
institutions for loans aggregating $751;
| 500, 900; $5S,300,000 of applications for
loans to cooperative marketing or
CARNATIONS and advances totaling S37-
/ 100000 to finance the export of agri-
cultural commodities.
Farmers to Aid Assessors.
] The action taken by the directors
| Of the state farm federation advising
| that each county unit create a com
! mittee of five, and that each township
unit create committee to cooperate
with the county and township asses
/ sors, to insure an equitable valuation
of farm property, seems in line with
| practical good sense. Several coun-
| ties, and many more townships, it 1s
| likely, will ignore this advice, and the
more particularly so because the busy
season is just ahead. But the purpose
of this advice is right in spirit anG
essence, and, if followed out, would
result profitably to rural landowners
| The directors further agreed that
when any county is dissatisfied with
| the assessment finally reached on its
soil, it shall file with the federation
bill of particulars of the errors CT
injustices it alleges. On the basis of
this bill, the federation, if it finds
| justification for such step, will make
| formal complaint in the case to the
state board of tax commissioners.