The Nezperce herald. (Nezperce, Idaho) 1900-1957, 1923-08-23
amrRs STATE THEIR CASE.

>.tbwesteIn states SdthoAou at MUS
"a consider s'What' Is the Matter
w;,b VIZ Wheat and register their pro-
test.
man Iddings of the Idaho Agricul-
,.rol College presided and Senators
nar.b and Gooding, Congressman
propeh. W. NJ. Buckle, manager-of the
1..ormediate Credit Bank of this dis
.riot and President Upham of the
Idaho University were the principal
speakers
The work of this historical meeting
,ros summed up in the followin resolur
.;ons which were unanimously adopt
ed;
ave, one thousand representative
sormers and business men of the
.,otes Of Oregon, Washington, Mon
,ona and Idaho, assembled for special
.onaideration of wheat price stabiIi-
yation. call your attention to the fact
that the present price offered foIs
.beat is far below the cost of pro-
duction; that wheat, the most gener
aIly grown farm product IN America,
ms been marketed below the cost OF
0yodNction for five years in success
sion. that this continued loss and
drain on the farmers resources has
brought crisis that means disaster
q hoth farmeis and business men OF
these states unless immediate and
drastic measures may be adopted for
relief. We call attention to the fact
that two million people left the Amer
lean farm last year and it is estima-
ted three million viii leave next year.
This presents national problem in
which all, regardless of avocation or
profession, must be deeply concerned
This demands federal intervention in
this emergency to save the wheat
growing and related industries.
"since immediate action is neces-
sary we request with all the power at
our command that you Immediately |
call the congress of the United States |
into special session to take action to
meet this great emergency. While fed
eraI intervention is necessary as the
only method to meet this emergency
for immediate relief, we recommend
as a permanent solution that all farm
ers, business and professional men or
ganize national body for the purpose
of stabilizing the agricultural indus
try; that we may avoid for all future
times recurrence of the present criti-
cal situation; and that this organiza-
ton should be for the purpose of con
structive action and not for the pur-
pose of opposing any other Legitimate
industry.
"We recommend that congress shall
enact legislation establishing fed
eral corporation with $5O0,O00,000
capital stock, $5O,OO0,O0O paid in and
the balance subject to call; that it
shall have the power and authority to
purchase and sell wheat in any guam
tity at any time or place at basic
price of $1.75 per bushel at primary
points The fixed price shall be avail
able as of certain date and suffi-
eient variation may be announced
from time to time to provide for car
rying charges and to control distribu-
ton. The fixed price shall be on the
basis of clean wheat tested So pounds
per bushel, and the corporation shall
establish q schedule of discounts and
premiums in accordance with the mill
ing value of wheat of various sub
classes, test weights, mixtures, per
centage of moisture and foreign con-
tent, as embodied in the Gooding bill.
In order to take care of any loss
that might accrue in selling the ex-
port surplus, the corporation may re-
tain from the original sale price not
10 exceed ten cents per bushel in ad'
mtlon to the amount estimated to be
necessary to pay operating costs and
interest at rate of IL percent per
annum on capital stock actually used. {
Wheat may be purchased or re-soid
only by the corporation or by COM
Germs licensed by the corporation and
operating under rules, regulations ana
restrictions imposed by the corpora
non. Every licensed concern shall
make reports of its purchases, and re-
sales in such forms and at such time
as the corporation may direct.
We further request that all wheat
growers cooperate throughout the
united States in furthering- this unit
Cd effort by selling no wheat nor Of
ferlng none for future delivery until
'Ms or some other definite action IS '
taken for the handling of this crop
~ cost plus reasonable percentage
ABOVE expenses and also ask the bank-
ers and merchants and the public IN
general to give us their sympathy ana
support for a square deal that the
@neat growers may not be driven 10
'erfdom or leave the farm for other