Grand Forks herald., 1922-04-26

This Would Bring Higher
Prices to !, Farmers, He
Tells Association.

Kansas City. Mo-, April 2s.- sale Of
surplus agricuitrA products to for
eign countries was suggested as q
means of bringing higher prices to
farmers BY Carl SYrootnan, former aa-
sistant secretary Of agrtoultlrs III an
aent,an aeaIsss hsf 9aa Dsfofe v1,,.l con
Fociation. 'l5s ss1sI e IS nv !,
Fhe speaker urged hts auditors to
sfs SEQ SUPP suSplps crops blythe skillful use
'sThe splendid s and almost In
stantaneopS rise in the price Of corn
and wheat, Mr. yrponan asserted,
resulting from our gift or 10000
600 worth OF grain to Russia shows
unmistakably how nearly the bull
factors have come to overcoming the
bear factors in our terminal markets
and hence how easy it would have
been at any time during the past year
to raise the price OF our farm prod
ucts UP to the cost of production, by
percentage Of our surpluses abroad
on credits" -
III everybody, in tie corn belt woul,
boost corn, as every man, woman and
child in the south boosts cotton,> we
long SINCE. would have found way
to dis ourselves out Of the hole we
are In. Even the bollwevill is said to
have put his shoulder to the wheel in
the south last year and by reducing
the surplus to have done more than
any other single agency to help boost
the price Of cotton"
Cites Operation Law.
AS an illustration OF the way the
south pulls together" Mr.. Vrooman
cited the operation, OF the Edge bank
law WHICH helps to finance the expor..
that over fifteen hundred banks
Throughout the southern states In ad-
dition to numerous business men and
farmers, took stock III this New
Orleans Export bank, because they
realized that unless this surplus cotton
could be gotten, rid Of in! foreign
markets the south was headed for the
IF we could develop the corn belt
consciousness, it would be an easy
matter to pool the grain, the driving
power and the financial resources Of
this fertile region behind our: staple
crop in such a way rs to shove the
price of corn up at least to the cost
of production" he continued. For
example. we should organize a power.
| full Edge law export bank; We could
get needed waterway legislation and
other measures required, in order tc
lower freight rates on agricultural
products and we could boost laws de-
signed to perfect out present costly
| and cumbersome marketing system
These steps could raise the price OF
farm products on the farm while al
the same time lowering the cost ol
food to the consumer. - >
"But entirely practical and highly
desirable as these suggestions are they
cannot be put into effect soon enough
to enable us to meet our present tragic
economic crisis. The Fundamental
weakness in the recent national agri'
cultural conference at Washington
was the fact that it devoted most Of
its time and attention to working ou
an agricultural policy that it will take
q generation or more to carry int
effect, instead of focusing its attention
upon emergency measures required te
save the farmers and business mer
| from imminent disaster.
'"The only thing that I know Of thai
our government can do that will givt
| immediate relief to the farmer anC
business man in this crisis is to FIND
| foreign markets for the farmers sur
plus crops by skillful use of credits
!
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