Belington progressive. [volume] (Belington, W. Va.) 1912-1927, 1927-01-20

farmers board in no way connected
with the corporation. This board
would be composed of the Secretary Of
Agriculture, as chairman, and repre-
sentatiyes Of the leading national farm
organizations.
A comparison Of the three proposals
will prove to any one that beyond
question OF doubt the Farmers Fed.
Grated Fertilizer Corporation offer is
the only one providing any genuine
prospect of relief to the farmers from
present exorbitant fertilizer prices
The Farmers corporation estimates it
can cut $40 ton from the commercial
price Of fertilizer. Individual farmers
could order the ingredients in concen-
trated form, if they desired, have them
laid down at the front door by parcel
post, and do their own mixing
From the Governments standpoint,
also, the Farmers corporation offer is
far superior to others in practically
every important particular. II the
lease is made on the basis of existing
water facilities, the Farmers proposal
would pay the Government total
of s156,546 .493 for the fifty-year pc
riod, as compared with S83,S00,000
under the bid of the associated power
companies. II headwater storage is
provided, the Farmers corporation
agrees to pay the Government $214,.
59T,693 as compared with $131, 900
offered by the power companies. For
no r. To-
bill offers the Government 1921, 226, 00o
income, as against S14S,72S, 900 under
the power bid, and S135, 1884 under
the Cyanamid bid. The Cyanamid cor
poration did not make a bid based ON
anything but the completed project
The rate Of interest offered the Gov
eminent by the Farmers corporation
is 6.771 per cent as compared with.
1882 per cent by The power companies
and 2.S28 by the Cyanamid corpora
ton.
Right In line with this wide ad-,
vantage offered the Government on
interest rates. is the provision in the
Farmers bill that if the Farmers Fed
Grated Fertilizer Corporation refuses
or fails to make good on its contract
the entire plant is to revert bag and
baggage, to the Government, with the
corporation standing the loss Of its
entire investment Thefother bidders
demand that in case they fall down
on their contract and the Government
takes over the plants, the Government
must reimburse them for the entire
amount of their investment. Not only
that, but the other bidders demand
bonuses as they go along for carry
ing out their eontractual duties These
bonuses take. the form Of a gradual
reduction in the price the bidders
must pay for electrical power, and
thus would amount in the end 10 an
increase in the price Of fertilizer and
penalty on fhet farmers while AZ
the same time constituting an ease.
ment in favor of sellers and users az
electric power These and other dir.
ferences show plainly that the Farm
ers Federated Fertilizer Corporation
proposal is the only one submitted in
the interests of the farmers.
The farmers, staggering under tba
necessity of raising larger and hettar
crops without any increase in tha cost
Of operating their farms, at last have
weapon with which they can fight in
their battle 70 secure the rights al
Muscle Shoals TO which they are en-
titled. The Government establishaa
me plant for the making Of cheap fer
tilizer, and now for the first time IA
sincere proposal for bringing tbiN
about has been presented The farm
ers OF America should see to Z. that
Congress delays no further. but t,kes
the proper action at the present SEES
sion.