The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1922-05-02

ISOLATION are now in effect and more
favorable weather and road condi-
lions will allow of extensive activities.
The new campaign more than Triples
the activities that have been carried
on in these five states since the first
of the year"
The state of Kansas evidently has
been districted as the letter goes on
to say: Fifteen Kansas grain grow
ers have been chosen to devote full
time to the, campaign for membership
IN that state, with each man in direct
charge of the district to which he is
assigned. A similar procedure will be
followed in Nebraska" The letter
! further states that the total member
| ship according to reports up to the
| end of April, exceeded $4,000, an in
| crease of 712 for the week. Indiana
stood first for the week, enrolling
total of 268 in six days.
We had expected to have been able
to have given our readers who have
signed on the dotted line fact or
two in relation to the Grain Growers
sales agency, capitalized to handle
/ the selling end. At last reports from
| headquarters the agency was to at
once put S250,000 worth of stock on
| the market to raise capital with which
to begin marketing operations. Meth
er the American farm bureau nor the
Grain Growers publicity men refer to
this matter in their week end letters.
Extension Of Loan Season
Eugene Meyer, managing director OF
the war finance corporation, advocates
a six months extension period of the
corporations authority to make loans
The power to make loans expires un
der the law on July 1.
] Mr. Meyer has been touring the agri
cultural and live stock states and re
ports at Washington that the agricul
tural outlook appears to be one OF
> unusual promise. He declares thai
; everywhere hope and confidence are
taking the place of the despair which
, six months ago was SO widely preva
lent
: Manager Meyer recommends the en-
actment of legislation specifically au
thorizing the organization of institu
: lions to rediscount the paper of live
. stock loan companies and the estab
lishment of a system for the more ade
lquate supervision and inspection of the
live stock which furnishes security
for the paper. He further recommends
! the extension of the powers of the fed
eral reserve banks to include the pur
| chase in the open market of eligible
| paper secured by nonperishable argi
! cultural commodities, properly ware
housed.
An Iowa Shipping Association
The report of the Hawarden l.. S
Shipping association of Sioux county
Iowa, contains the following meaty
statements: The total shipments fol
the two years since organization com
prised 1927 hogs and 513 cattle
which sold for a total of $25, 344.5
During the two-year period the com
missions of the manager amounted t.
; s2,532, and a sinking fund of 1884
} was established. Ten cents per CIV
is charged for handling live stock,
cents of which goes to the manage
and 2 cents to the sinking fund. Thu
: association does its own insaring Dur
T.. ing the two-year period Is hogs wer
killed and u crippled in transit, 70
which farmers received full compensa
!: ton in the sum of 1888. The associa
L ton now have 20S members and tn,
dues are 81 per year.