The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1923-08-29
RETURN Millions
AS WHEAT BONUS

said Senator Stanfield, of Oregon, IN
a statement recently, replying to a
telegram from George C. Jewett,
Portland and Spokane, president Of
the Northwest Wheat Growers asso-
citation. Mr.. Jewett has asked the
senator to join with other senator's
from the northwest in calling upon
the president to urge a special session
of congress-.
Senator Stanfield announced that
ne would introduce a bill to dis
tribute as a bonus to actual wheat
growers the accrued profits of the
United States Grain corporation,
which now exceed $51 900 900.
Il believe" said the senator, "the
government can and should return to
the wheat growers as a bonus the
profits accrued by the United States
Grain corporation, which was in OPP
Grafton during the war and for a short
time thereafter, inasmuch as this Is
money that was made though the
wheat growers efforts.
ii shall introduce a bill at the
opening of the 68th congress provid-
ing for the payment of the accrued
profits of the United States Grain
corporation to the wheat growers of
the country, to be prorated on the
number of bushels of wheat sold out
of this years crop. This fund amounts
to ISL, O44, 1892, and IS there will prob
ably be sold 10000, 900 bushels out
of this years crop, it would provide a
bonus of about 1923 cents for each
bushel of wheat sold out of this years
production. This bonus would be paid
only to them original producers, not
to the spectators.
Before issuing his statement Sen
ator Stanfield discussed the wheat
situation with President Coolidge and
found, as have other senators, that
the president is not disposed to bring
congress together, nor does he believe
that a special session would afford
any particular relief.
Setting forth his own views re-
, garding the wheat growers and then
prospects for the future, Senator
Stanfield said:
Before the legislative machinery
:. could be put into action, the wheat
to a large extent, would have passed
out of the wheat farmers hands int
those of the spectators. Therefore
it would only be a waste of the tax
Z payers money and would not reliev'
the farmer. Then, to fix a minimum
I price, or provide government contro
of the surplus, would tend to en-
Il courage greater wheat production
when there can be no doubt that tn
u wheat growers present trouble of loV
price is the result of ov~erproductio
e of wheat.
"The wheat growers ultimate re
n covery depends upon a balancing @
production to the point of not ovel
supplying the demands of the marke
During the time of the war tn
wheat farmer periodically responC
ed to the slogan that food woul
win the war; and large areas of till;
B. BILE. land that had been used for tt
lie production of other crops were col
verted into wheat land, with the r
a suit that our production of wheat e,
lg panded from 636, 655, 900 bushels
at 1917 to S62,O91 900 bushels in 1872
r, an increased production of 225 ,436,0'
lg bushels.
I. "The expansion in production n
only applies to the United State
but also to many other countries
the world, and particularly to tho
ed in Europe which were engaged in t
as war.
IS, Senator Reed Smoot, who has ju
returned from Europe, stated to
IS. that he believed that Europe, with
at bounteous crops this year al ia
'r- care of its own needs without any
re sistance from the outside world,
IF. cause their first thoughts on the te
he mination of the strife entered in
the production of the necessary FOX
n stuffs, which was naturally the bre
Is, supply. This stimulation has aut
zee matically limited the United Stat
OF wheat growers market until it M
OF appears that for some years to col
the United States wheat grove
must depend upon home consumpti
for the utilization Of their product
IL. cit would be a future menace
wheat growers if congress were
in enact a law authorizing a purchs
ng Of this years wheat crop, for event
ng ally the government would be co
all PEELED to sell this accumulation
per competition with future product
wd or, if now sold in foreign markets,
on would tend to flood those marke
which would be the direct cause
ak lowering the wheat price of I
is world, thereby causing a flarebs
in on the American wheat farmer. A
be next year, with the granaries of
m world overlooking with the ov
sh- production of this year and the
LIS creased production resulting from
the artificial stimulation of this yea