New Britain herald., 1926-06-12
COOLIDGE ES. DAWES ON FARM RELIEF

Vice President Dawes not only | happens 10 be man high in popu- !. lar esteem. but he is a man of out i standing calibcr among the wise men Of the world-those who have |, plumbed economies, weighed finance l and made of government science. i His name bears the plan which is solving the separations problem.
 Now when we read that there has come to be a schism in the re- Iations between the President and 1 the Vice President, exemplitied in disagreement oyer agricultural 1. economics. there are very many citizens who will hesitate before attempting 10 weigh the Coolidge common sense" with the uncom- mon perspicacity of Mir. Dawes
 The disagreement between the two no doubt started when Mir Dawes entered into correspondence with Sir Joshua Stamp, noted Eng fish economist. The two discussed American industry and American agriculture - the one prosperous, the other tottering. It was in this correspondence that MT Dawes in- dorsed the of repeated assertion that while American farmers buy in a protected market they sell in market whose prices are fixed by world conditions over which neither they nor their government had the slightest control.
 The dominant party for years has held the farmers pacitied by telling them that when consumers were prosperous the prosperity would trickle down to the producers; in other words. when the consumers were able 10 buy, the farmers would be able 10 sell profitably This song of siXpence has worked for 40 years, with only occasional erowls from the agrarian districts.
 Today the soil-tillers appear doubtful. They have learned that no matter how prosperous Inc in dustrialists are. they can scarcely eat more than their normal portion Of grains: and anyway, q varying demand in the United States does not affect the quotations fixed at Liverpool. upon which American grain prices are based.
 The agricultural scheme now de batcd. which is regarded as being favored by the Vice President. is the "eauaIizaion fee" with which farm organizations would assess themselves in order to bear thc losses incident 10 dumping surplus .rains in the world market while rhcir national farm board fixed prices in the United States. The eovcrnment of course. would be expected 10 furnish sufficient hun drrds Of millions of money with which 10 start the machinery,
 In this they have taken Ieaf from inc rule book Of American industry. which knows full we'll how 10 sell surplus goods at low figures in tho foreign market. This is tha way. in fact, that hish-priced American sools frequently com petc v.h lowpriced foreign goods. The difference between lh" farm scheme and the already existing in- dusulsf method is that the farmers wanr rha co,rrnmou, 10 help. NhiI- Inc industries bear their own dumping Ioss.e. although helped by rb, government to maintain their domestic market through opera lion or rho arjtr
 I'~.sid.ut Coolidge has always oppo-.d fbv farm soneme bidding tn,m 70 oo-owrrf' in marketing and pnn themselves out of tho d- nancial mire by more conservative methods than their leaders +uesest- od
 The iudusrial. east stands with the President on tho issue; but un- fortunately no government official not even a President - can de- rend upon the industrial "asl aIon" for a continuation Of political emi- nencc. Not even the Republican party. with it's great landsIid" only two years in tho rear, can afford to ignore the a-ricultnraIis's. NoM 10 prohibition discussion, the chief fopic in Washington is farm relief an4 scarcely anything of impor- fanes is being done while Congress