Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-01-26
DELI. GATES NOT
HAND Picked
ANDE RS0N SAYS
Marketing Is One of the
Problems Discussed at
the Agricultural Confer
enCe at Washington.
mr The Associated Press,

washington, Jan. 20.-FfoposdlS
looking to development of Ameri-
can agriculture as a self-sustaining
industry were considered today by
the national agricultural confer
ence while its committees continued
work on suggested measures to re-
lieve the acute situation and pro-
vide for general rehabilitation.
The program of addresses which
covered marketing problems IN
many phases was interrupted long
enough to permit Chairman Ander-
son to deny the charge voiced in
some quarters that the delegates
were "hand picked" He said that
Secretary Wallace, despite the
shortness of time in which to select
delegates, had consulted farm or
ganization leaders and others.
Other speakers today included G
Harold Powell Of California man
aging director of the California
Fruit Growers Exchange; Robert
McDougall of Chicago, president of
the Chicago Board of Trade and j..
NJ. Anderson, president CT the st.
Paul, Mimi, Equity COOPERATIVE
Exchange.
Commodity Financing.
A. proposal for establishment of
commodity financing through loans
to farmers running from six
months to three years was endorsed
by a subcommittee. The proposal
was said to provide for creation by
the government Of an agency for
discounting farmers notes based on
agricultural commodities and live
stock paper This was said to be
one of the important steps neces-
sary to ameliorate the present sit
uation.
A number Of informal confer
ences were held by delegates who
We're said to be considering the pro-
posal of a resolution endorsing the
farm bloc" in congress. Consider
able informal discussion of the
farm bloc" has followed President
Harding's address, it was said.
Governor Parker of Louisiana,
addressing the conference, proposed
as a means of combating the pres
ent farm depression, the opening of
export markets through extension
of long time credits to foreign buy
ers through the federal reserve sys-
tenn.
ENJOYS to Europe.
Have the federal reserve
banks" the Louisiana governor
suggested, "send their own repre-
sentatives to the capitals of Euro
pean nations sincerely desiring to
purchase our products and unable
to pay for them. Look up the
standing and character of these
purchasers as we'll as their finan-
cial status. Sell them not ON very
short time. as is customary now,
but on six, twelve and eighteen
months, taking their aceeptances,
with the endorsement of the local
bank and the cooperation of the
great banking institutions of each
nation and authorize the spinners,
manufacturers and dealers to sell
their products on equally long
time. all drafts, acceptances and
notes in payment to be deposited
In trust until the claim of the fed
eral reserve bank shall have been
paid in full"
Governor Parker told the con-
ference that this plan "would af-
ford almost instant relief, would
mean the employment OF many
American ships for carrying to
those nations the cotton to give
profitable employment and the
foodstuffs to keep many of them
from starving; would add to the
value and activity OF the merchant
marine, would put energy and
spirit into business and bring to
this country the good will of all of
the older nations"
Governor Parker departed from
his prepared address to take notice
of rumors which he said had been
heard in some quarters concerning
the conference that this is a hand |
picked, cut and dried perform
ance." lie added ths hope that
there was no foundation whatever
in the rumors.
Praises Harding.
Governor Parker praised Presi-
dent Harding and Secretary of Ag-
riculture Wallace for disregarding
politics and asking patriotic dem
ocrats from the south to sit Shout
der to shoulder with the patriotic |
republicans from the north"
The governor reused the con-
ference to great applause when
he called on them to put the well
fare of the nation above every
other consideration, and to work |