The Holly chieftain., 1922-12-14
A V|R|LE ME5!ii5|AlGE FROM
A W|[lE-AWAKE PRESIDENT

/ provide Tor the re-discount of agri.
cultural production and marketing
paper with a maximum credit OF
three years and the creation of a
division in the farm bank system
To deal specifically with this class
OF credits. Provisions for the vOlun
tary creation OF livestock and agri-
cultural credit associations to deal
primarily with livestock loans also
| IS proposed.
| II is interesting to note that at
the Very same time :tat the m.
tsGnal government was active for
he farmer our incoming state ad-
l.ninistration were considering ways
a4d measures along little differ
ent line for the famrer's relief.
Governor Elect Sweet and little
sotcri eof agricultural represents
tives met IN Denver to frame
preliminary program for state sup.
eWision OF cooperative marketing.
Aaron sapiro. noted organizer OF CO.
operative marketing is to come to
ponver soon to work out the
problem foi our state. At another
meeting TO be he'll after Christmas
! definite plan iof proposed legisla-
lion will be completed.
Now with larger national credits
tor the farmer. and state cO-ope1a.
live marketing. only the matter OF
transportation needs to be settled
to sci lie farmer on his feet again.
The president spoke at length on
the 'transportatica problem in his
recent address. He advocated as II
remedy for our unfortunate eondt-
sion u merger of railroad lines. the
usa of common terminals. the pool.
ing OF freight ears and all around
consolidation of facilities. After
discussion OF the coal and railway
strikes. which he said had no, excuse
ior their beginning or delayed set
.Icment. he declared that the first
distress of readjustment came to
the fal1ner. and 1t will not be
readjustment fit to abide until he
is relieved" Said he I urther In
the last half of the year, now clos.
ing, the railways, broken in carry
ing capacity because of motive
power and rolling stock out of
order, tho insistently declaring to
the contrary, cmbargoes his ship
inonts or denied him ears " hen for.
tInatG markets were calling. Too
frequently transportation halted
while perishable products were turn
ing from possible profit to losses
counted in tens OF millions |
know OF no problem exceeding in
Importance this one of transporta'
ton He urged that freight rates
must be lowered before the farmer
will have relief.
However the matter is not an
affair of the railway executives
alone. Says the Topeka Daily Capi.
tai. an organ of Senator Capper:
Ihe railroad cannot fix its own
rates and charges, nor name the
rate OF wages it will pay. nor make
eapitalistic profits and dividends.
1t is an agency of the public. CON
trolled completely by the govern
mcnt.' The editorial further states
that rates cannot be reduced unless
costs ere reduced. Costs cannot be
reduced 50 long as the present scale
OF wages and the prices OF fuel,
materials and other supplies are
maintained, and in these matters
the hands OF the railroad are tied.
Several factors enter into the
problem of high freight rates and
erratic transportation and it is
comforting to know that the agen-
eies of federal relief are, at last.
addressing themselves to the prob
lem, and its solution.