The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1925-12-30

corn belt farmers for a Government
controlled grain export corporation
to handle SURPRISES.
State Fighting Mad"
Iowa is fighting mad" and will
brook no compromise or halfway
measures in the battle to bring the
State. and the corn belt out of the
economic collapse which has already
carried more than 200 banks to ruin,
forced scores OF farmers into bank.
ruptcy and spread suffering and dis
tress throughout Mississippi Valley.
With the conference Of Tuesday in
the background, these things were
evident.
For the first time in history the
farmers, bankers and business men
of Iowa are united behind a legisla-
tive program and win assume leader
ship in organizing a great protest
movement against the Administra-
tons farm policy throughout the
Middle West.
Tariff Faces Attack
Any farm legislation which does
not directly or indirectly fix the
prices Of farm products will not be
satisfactory to either the farmer,
bankers or business interests.
Continuation of the Presidents op-
position to q legislative enactment
which will provide for a Govern
ment controlled and a Government
financed export corporation, clothed
with powers to buy and sell agri.
cultural products at a fixed price,
will result in not only carrying the
war to the White House, but also
will be the signal for a concerted
Middle West attack on the Fordney.
McCumber tariff act.
There is substantial grounds we'll
throughout the corn belt and the
Northwest favorable to the candi.
dacy of Frank o. Lowden for the
presidency in 1928. It has already
reached considerable proportions,
ard is gaining at q rapid rate.
Economically Unsound"
AdSuAdlly SlSHlilCdnJ Is the tact
that Iowa. for years one of the stall
wart high tarii. States in the
Union, is ready, at the slightest ex-
cuse. to lead an assault on the
present tariff law. Farmers claim,
and the Iowa Republican congress
sional delegation now openly avows,
that it subsidies industry in much
the same manner as the Admins
tration refuses to aid the farmer.
Therefore, they argue, that il it Is
economically unsound,' as the
President AYERS, to fix prices on
farm products through an export
corporation would be, it is likewise
economically unsound" to fix the
prices OF manufactured articles
through a tariff.
Not since President Coolidge took
up quarters in the White House has
he been subjected to such bitter
criticism as characterized Tuesdays
conference, which was called by the
Iowa Bankers Association, and at
tended by almost 1000 Iowa bankers,
business men and farmers.
Bankers FIay Coolidge
Conservative bankers joined with
Republican public officials in de-
nouncing the administration for its
failure to give heed to the agricul-
tural emergency. Senator Cummins,
Congressman Dickinson and Cover
o Hammill, all Republicans, did not
hesitate to throw down the gauge Of
battle to the President.
Only a ripple OF applause greeted
the telegram sent to the conference
by Coolidge in which he emphasized
his opposition to any scheme which
would establish price-fixing or put
the Government in business, either
directly or indirectly.
But roars of applause greeted
speaker after speaker, none Of them
farmers, as they advocated a govern
ment controlled export body, fl
nanced with government funds and
the arbitrary fixing Of agricultural
prices. y