Paragould soliphone. (Paragould, Ark.) 1918-1950, 1922-01-30
RETALIATION
IS ASKED BY
FARM FARLEY
Wants Produce Prices on a
Parity With Those of
Other Goods-Guarantee
Plan Fails.


Washington, Jan. 27.-Immediate
steps to re-establish the value OF
farm products on a parity with
those of other commodities asked
of Congress and President Harding
last night by the national agricul-
tural conference through the unani-
nous adoption Of a resolution to
that effect. The resolution was
contained in report from the Mar
keting Committee, and members said
its adoption meant something must
be done by the president and con-
gress Immediately"
The resolution follows: ct is the
sense of this committee that the
congress and the president Of the
United States should take such steps
as will Immediately re-establish a
fair exchange value for all farm
products with that of all other COM
modities"
The conference at the same time
IeJeCICu d ICSOIuliOL VI TIC -'atiOilStA
Farmers Union, offered by J. S.
Wannamaker of South Carolina,
which would have called for d gov
eminent minimum price guarantee
on farm products.
Some measure Of sterilization of
prices was advocated by ]. NJ. An
derson of St. Paul, Mimi, who said
some such step should be taken
until Europe is restored economical
ly. He favored participation of the
United States in European readjust-
ments, but said we don't want
to embarrass the president by ask
ing any more entanglements in for
eign affairs"
To Study Guarantee.
e. b. Page of North Dakota ask
ed for a minimum guarantee on
wheat for two years. The confer
ence previously had adopted 4 res
olution which read:
with respect to the question Of
governmental price guarantees we
feel that there should be compre-
hensivo study of this subject, there
fore we urge that Congress cause a
careful investigation of this whole
problem, to be made by some proper
authority which will report its find
ings as early as practicable"
Cooperation Of farm marketing
also was recommended and endorsed.
Senate Discusses Conference.
The conference yesterday entered
discussion in the senate, and at the
hearing Of the Senate Agriculture
Committee en- the Laid price stabili-
2ation bill.
Senator Heflin, Democrat Of Ala
bama, in tho senate expressed hope
that the conference would result in
some good, and criticised the 2elec-
| tion of its delegates. The whole
administration, he declared from
the president down" is losing no
opportunity Ito rap the cOngression-
al agricultural bloc" which was
unanimously endorsed yesterday by
the conference
Mr.. Heflin's speech followed a
declaration by Senator LaFollette,
Republican Of Wisconsin, that the
condition Of agriculture was the
'inevitable result" Of "frocible de-
flation" brought about through
control Of the nations credit by the
viii OF a few great financiers," and
could not be "cured by the resolu-
tions Of any conference"
Opposed by Wallace.
I'm conference with newspaper
men later in the day Secretary
Wallace voiced opposition to price
fixing, which he said would prove
ruinous to the farming industry.
lie favored plans 10 restore the pur-
chasing power of the farmers dol
lar to a parity with that in other
industries.
Other recommendations adopted
include:
That the government extend aid
to Europe for economic rehabilita-
lion;
Limitation of the acreage of GER
tain crops to balance production;
Approval of the program Of the
American delegation to the armc-
ment conference;
Commentator of the investiga
lions Of retail prices by the depart
mcnts of Justice and of Commerce;
Investigation by Congress of plans
TO stabilize the dollar;
Equalization of tariff protection;
Vigorous action to place agricul-
ture on a parity with other indus
tries;
Financing Of exports through
credits authorized by Congress;
Investigation by the Interstate
Commerce Commission to determine