The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-03-02

urlifpWdSM ~
Of Judiciary Committee,
, "A Give Him a Chance to Drop
H
v,rk-Colonel Smith W.
Nv ~ recently made ore Of the
'1 ll.n,.rkable speeches ever made
q q. l' Work before one Of the most
~ -sabIs audiences ever assem-
.,.seh was delivered at the
'P i the Council on Foreign
which was attended by
'1 IN New York milliOnaires.
,. tor those organizers Of the
,.tisan league Of Wall Street"
Z. the senator's own words
tined n the problem confronting
sinners and producers of.
y. today, and suggested an an
...tiorn - that is Senator
g ss.r,s remedy for the economic
= the day, and he described in
a..n Of a cooperative society in
a middle-men operating for pri-
.,iD should gradually be elimi-
~ farmer is producer, but he
n the greatest Of the consumers
4. Droducts Of labor" said Sen
p,,ookhart. Labor is a pro-
4, hut it is also the greatest con-
= Of the products of the farm.
Cont Of the dollar which the
sborng man pays for the prod
y, Of the farm, the farmer
!, 81 cents. That is the first
M Of the story. When revers-
/ tbs IabOring man claims that
n If the dollar which the farm
nsvs for the products of la
N the labOring man gets less
han IS cents.
THE COST OF PROCESSING
M DISTRIBUTION is 63 PER
nT ONE WAY AND 65 PER
'TI THE OTHER.
This is not a new condition de-
.sDsd BY the war. It existed prior
gs!O In 1912 the farmers got 81
m dollars for their crops which
q sold, but the consumers paid IL
lon dollars for them. Is this a
/ charge for the service between
producer and the consumer? Both |
farmer and the labOring man have
Aei the definite conclusion that
5 excessive.
labor and Farmer Face Common
Enemy
labor therefore refuses to
ight the farmer all forenoon in
q Effort to further reduce the
little 81 per cent the farmer is
low gettin and the farmer re-
Bs to fight labor in the after
non to reduce the IS per cent
Thid labor is getting.
Both have designated the middle
p as their common economic enc
and this includes the agencies of
'''sngi Of credit, Of transporter
r and Of marketing.
They point to the unconsGonable
sas Of oil, steel and coal and to
q stupendous stock dividends. /
check their income taxes and /
al added in and paid by the con-
ben
They view a valuation Of 10
-.'l dollars for the railroads
= then observe that all the
'eN and all the bonds repre-
@Ing all the value are selling
Tie market for II billion dol
y according to their own adj
.aey see a credit system, built
.i upon their own deposits, mo-
these deposits for every 9th
-aas'ry and initiating and deiat-
!. uncut their knowledge or con-
.a'' see their market made by
/. .l' Of the board Of trade or the
T.. Il exchange, and they call it the
" ~ Of the gambler.
j y laimer ships his grain or live
- .na after paying his freight |
/, 1'' have enough left to pay his
n !. wages Of labor are gone long
N I families are properly fed,
N, housed and educated.
~ y, have lost faith in the fnan-
/. ~ q They denounce the
A ~ OF princely salaries and
~, 'a ..aa by economic power as
4, Without representation. They
, found it. , yes and they
M s'ia'dy Is Provided By Labor
i ,snedy was invented by la
30 III d q poor flannel weavers
a -, apo saved their pennies for
: and a half ,,0A.1 =,