Vilas County news. [volume] (Eagle River, Vilas County, Wis.) 1896-1927, 1924-06-25
AGRICULTURE

puD1Icdn party recognizes IndC we are
faced with a fundamental national
problem, and that the prosperity and
welfare Of the nation as whole is
dependent on the prosperity and well
fare of our agricultural population.
eve recognize our agricultural ac-
tivities are still struggling with adj
verse conditions that have brought
about distress. We pledge the party to
take whatever steps are necessary to
bring back a balanced condition be-
tween agriculture, industry and labor,
which was destroyed by the Demo
cratic party through an unfortunate
administration of legislation passed as
war time measures.
"We affirm that under the Repub-
lican administration the problems OF
the farmer have received more serious
consideration than ever before both by
definite Executive action and by con-
gressional action not only in the field
of general legislation but also in the
enactment of laws to meet emergency
situations.
More Being Consumed Now.
1.-THE restoration of general prosper
ity and the purchasing power Of our
people through tariff protection has re-
suited in an. increased domestic con-
sumption of food products while the
price of many agricultural commodi-
ties is above the war price level by
reason of direct tariff protection.
"Under the leadership of the Presi-
dent at the most critical time, a cor
poration was organized by private cap
ital making available $100000,000 to
assist the farmers of the Northwest.
"In realization of the disturbance
in the agricultural export market, the
result Of the financial depression in Eu-
rope, and approaching that the export
field would be enormously improved
by economic rehabilitation and the re-
sulting increased consuming power, a
sympathetic support and direction was
given to the work of the American rep
resentatives on the European repara-
lions commission.
1.-THE revivar in 1921 of the War
Finance corporation, with loans of over
plete collapse in the agricultural in
dustry.
Financial Help Provided.
ave have established new intermedi-
ate credit banks for agriculture, and
increased the capital of the federal
farm loan system. Emergency loans
have been granted to drought-stricken
areas. We have enacted into law the
cooperative marketing act, the grain
futures and packer control acts; given
to agriculture direct representation on
the federal reserve board and on the
federal aid commission.
1--WE have greatly strengthened our
foreign marketing service for the dis
posal of our agricultural products. The
crux of the problem from the stand
point Of the farmer is the net profit
he receives after his outlay. The proc
ess of bringing the average prices of
what he buys and what he sells closer
together can be promptly expedited by
reduction in taxes, steady employment
in industry and stability in business.
One Cure for Depression.
"This process can be expedited di-
rectly by lower freight rates, by bet
ter marketing through cooperative eff
forts, and a more scientific organiza-
ton of the physical human machinery
of distribution and by greater diver
] sification of farm products.
1--WE promise every assistance in the
| nf
on sounder and more economical lines,
and, where diversification is needed,
government assistance during the pc
Rod of transition.
vigorous efforts of this administra-
ton toward broadening our exports
market will be continued. The Repub-
| lican party pledges itself to the devel-
| opment and enactment of measures
which will place the agricultural inter-
ests of America on a basis of economic
equality with other industry to assure
its prosperity and success. We favor
adequate tariff protection to such Of
| our agricultural products as are threat
ened by competition. We favor, with
out putting the government into bust
ness, the establishment of a federal
system Of organization for cooperative
marketing of farm products.
1.-THE mining industry has expert
enced a period of depression as the re-
suit of the abnormal economic condi-
tons growing out of the war. This ad-
ministration has accomplished much in
improving the conditions affecting this
great fundamental industry, and
pledges itself to continue its efforts in
this direction.