Cottonwood chronicle. [volume] (Cottonwood, Idaho) 1917-current, 1923-02-23
GUARANTEE
PRICE URGED
TESTIMONY BEFORE AGRI-
CULTURE COMMITTEE
is ALSO GIVEN.

w I'LL OliC QlooCltlllS WIZ, 1AietI
of Attorney E. A. Cox of Lewis
ton, who too was the only speak
er of opposition, the mass meet
ing of inland empire farmers
who gathered at the Lewis
Clark hotel Tuesday afternoon
to the number of three hundred,
passed a resolution supporting
the Gooding wheat guarantee
bill which would provide price
of $1.75 at terminal markets for
the 1928 crop, this resolution be-
ing later forwarded to the Wash
ington and Idaho delegation to
the national congress at Wash
ington, D. G. says the Lewiston
Tribune.
The. resolution as adopted
reads:
The following resolution was
adopted by the delegation OF
over 300 business men and
wheat growers of the eight
counties of Idaho and Washing
ton, consisting Of Asotin, Gar
field, and Whitman in Wash
ington, and Nez Perce, Lewis,
Idaho, Clearwater and Latah
counties in Idaho, called toge-
ther by the Lewiston CONNER
cial club, beg leave to offer the
following resolution:
Resolved, that we endorse
senate bill No. 4478 introduced
by Senator Gooding in the SEN
ate of the. United States, and
unanimously passed on by the
agricultural committee, and
that we ask our representatives
in congress to use every means
at their command to bring about
the passage of this bill at the
present session.
We further express a view
that this bill will do more to
bring about the general pros
perity of the country than any
other piece of legislation offered
in the past, and as an emergency
exists, we offer every assistance
at our command to help in bring
ing about the speedy passage of
this measure.
Signed. Chas. Jansen, Pres.
A. A. Seaborg, Sec.
Digest of Provisions of the Bill
The following report of Sena-
tor Gooding, from the Commit.
tee on Agriculture and Forestry,
submitted the following report
to accompany Senate bill No.
4478 to the United Senate. The
bill was published in its entirety
in the Chronicle last week. The
report reads as follows:
The bill provides for the or
ganization of a corporation, with
a capital stock of $300,000,00C
all of which shall be subscribed
held, and paid for by the United
States. The management of the
corporation is vested in a boarc
of directors consisting of the
Secretary of Agriculture, who
shall be chairman of the board
and of two other persons to be
appointed by the President, by
and with the advice and consent
of the senate.
The corporation is authorized
and directed to purchase at tht
principal markets and for casl
at certain guaranteed price,
wheat which is of grade fixet
by the United States officia
grain standards and which il
produced in the United Statel
during the years 1928, 1924, ant
1925. The guaranteed price TO
No. l Northern spring wheat O
the crop of 1923 is fixed by tn
bill at $1.75 per bushel; but tn
guaranteed price for No. / Nor
thern spring wheat of the crop
of 1924 and 1925 and the guar
anteed prices of wheat of tn
other grades for the crops o
1928, 1924, and 1925 shall b
fixed by the corporation.
The bill requires warehouse o
elevators receiving or STORM
wheat purchased by or intende
for sale to the corporation to b
licensed. The corporation is at
thorized to fix just and reason
able storage charges, commits
sions, profits, or practices, an
may revoke the license of an
licensee who knowingly fails c
refuses to discontinue any III
just or unreasonable storae
charge, commission, profit,
practice, in accordance with a
order of the corporation.
Wheat purchased by the CO
poration may be resold by it