davidaulloa/AmericanStories huggingface dataset:
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-01-06
More Bankruptcies in 1927
Than 1926 OldfieId Says

Washington, Jan. 3.-Taking ex-
ception to Secretary Melons review
of business conditions in 1927 and the
Outlook for 1928, Chairman Oldfield
of the democratic national congress
sional committee declared Sunday he
hoped the continued progress fore
seen by the treasury head would mot
be the sort that has been made in
several lines during the year just ex-
PRED"
Quoting from justice department
records, Mr.. Oldfield said that during
the last fiscal year there were $48,-
758 bankruptcies of 1886, 557 ,006, or
S00,000,000 more than during 1926
and half billion more than 10 years
ago.
Of the nearly $4,000 persons who
entered bankruptcy last year, he add
ed 5000 were farmers, $4,000 were
wage earners, 10000 were merchants
1900 were manufacturers, and 1,20(
| professional men.
Helena-Spring Hill mill beinl
lnOr,orIo4oJ foV. IN 4o,,o 49, d. Io-x
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-01-06
British Want Blood

Canton, Dec. 2S.-British business
men in Hongkong and number of
officials in the Canton government
are demanding the execution of the
Soviet consul general who is now be-
ing held.
The Soviet Union Vice Consul Has
sisi was shot when the troops of Gen.
eral Chang Fakwei recaptured the
city from the workers and peasants.
Troops of General Chang Fak-wel
are preparing to evacuate the city
General Ii Chai-sum, who is even
more reactionary than Chang Fak-wei
and who was ousted several times
from Canton several months ago, is
approaching the city with a large
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-01-06

three stepchildren, he having married
Mrs. Phieffer, Redstone widow, a
few years ago. He also leaves five
brothers living in Minnesota, one of
whom is sheriff of LeSueur county.
The deceased was AZ years of age
at the time of taking his life.
The body was shipped to LeSueur,
Minnesota, Thursday January 9Th, ac-
companied by his wife, Mrs. Minnie
r. Bolke and her oldest son, and Mrs.
Bert Daley of Redstone.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-01-06
SUNDAYS SON WEEDS

San Diego, Calf, Dec. 27.-Paul
Sunday the son of Billy Sunday the
evangelist and champion advocate Of
law and order, lodged the marriage
law of California which requires three
days notice for marriage license by
elopIng with Mrs. Elene Herbert to
Mexic0.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-01-06
Friday, January (
force of Kwaingsi trOoD,

:, M Moscow, Dec. aO.-Hus.
Of the Chinese s ceanfs,th s st,l g,
were eI held in omsk, K5s1r,evO ptiS1S..
ar, NijninOvgorod and aOarovsk ~.
according to despatcbss. other ~ ~
Resolution stating ipl'f tSl s,eessivaI v.
were solidly behind t tbe Soviet GSi'
peasants of China we've s,,e Workers !.
resolutions also demanSG.aad toptej. 4
ures be taken for the lO cut that ne.
the lives of U. s. 8 protection
China. = H. citizen,
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-01-06

Circle Alaska, Dec. 27.--Bravinp
the seyerest storm in twenty wears
with the thermometer So degrees he.
low zero, Mail Sled Driver Jewell s1c.
lcessfully delivered the mail on time
from Chatanika. - -
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-01-06
BLIZZARD HALTS OIL C,vD

Shelby, Dec. 29.-Again II. p.
Sunburst field is swepf bv S ! a AeVh.
which has retarded drilling. M Sal "A
curry drop was accompanies ' H. me- n |,
winds. 'u W hg
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-01-06
Change in Republican
Party Head Only
Means Another Cal

CONTINUED from page one)
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-01-06
RedstOne Farmer Takes
Own Life Wednesday

CONTINUED from page one)
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-01-06
BANK TELLER IS
KIDNAPPED; FORCED
TO OPEN VAULT

Continued from page onea
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-01-06
A. 9ngmalaun 4 Quntpat1y
GENERAL MERCHANDISE
FLEETWOOD, MONTANA
Notice to the Public

Due o the DDS
radical
nancal conditions find that
ycashb
Operating do doing find
which of
who and who buying Doing
strictly cash
collecting ossof
of our cash discount wholesale All
out of profits By doing
credit business losses and
ossandca
and still show fair
Ourng the months meth
DDS OF vih
the newest merchandise which buyers will in
will continue however handle high quality money
if an otsaisie
Watch for that
ever quoted Our change cash business will
well Come n ands the we MAKING
lakrng this opportunity of thanking
Yours sincerely
NGWALSON COMPANY, INC
c G CE1RISTANSON Manager
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-01-06

90
Putnam patriot., 1928-06-21
POMFRET

Miss Taintor of Princeton, New
Jersey is a visitor at Fox Hill Farm.
The annual meeting of the Pomfret
7 Library Association was held at the
I library on Tuesday at twelve o'clock,
noon.
+ The Rev. Frank II. Bigelow spent
the weekend in Bridgeport, Conn,
where he conducted the morning ser
vices at the Episcopal church, there.
Word was received Of the death
Of Mrs. Mary (Drury) Dougherty of
Providence and Pomfret. Mrs.
Dougherty was the only sister Of Mrs.
William Blackmore.
The Pomfret School had its closing
exercise and Prize Day on Friday.
Chapel services, addresses and prize
awarding in the gymnasium. follow
ed by buffet luncheon.
There will be a special meeting of
the Pomfret Neighborhood Asso. in
Pomfret hall June 25th at s o'clock
daylight time. All past and present
members are requested to attend.
Mrs. Henry B. Holt and her daugh-
ter, Margaret, motored to Water
bury on Monday where they spent the
night with friends, going on Tuesday
to New Haven to assist Mt the cele-
bration of Mr.. Hollis 25th reunion.
Mrs. NJ. L. Hanley of Fall River has
been visiting Mr.. and Mrs. G.. VIII
liam Johnson for a week. Mr.. and
Mrs. johnson had as guests on Sun
day, Mr.. George Johnson, Miss Hat
tie Johnson, Miss Florence Thompson
of Boston and Mr.. William Ross Of
Worcester.
Miss Dorothy Colt attended the
marriage of her brother, Robert Colt,
Jr., and Miss Amy Grannis of Brook
J line, Mass, on Saturday afternoon, at
J st. James church. Brookline, return
ing by motor on Tuesday with friends,
Mrs. Clarence Bishop Smith and her
daughters of Washington, Conn, who
are making a short stay at Fox Hill
Farm.
The hall was well filled for the
graduation exercises of the district
schools of the township of Pomfret
on Wednesday last. The entertain
ment was interesting and varied; the
children all taking their parts well.
Pomfret received a generous portion
of the medals and honor certificates
issued by the State Humane Society
for poster work.
Mrs. Howard Waterman Of Albany,
New York, spent last week with Miss
Elizabeth Bigelow at The Rectory
School. Miss Bigelow attended the
commencement exercises at Smith
College at Northampton on Saturday
and the first reunion of her class Of
1927, returning home on Tuesday.
Mr.. John Bigelow arrived home for
the summer vacation from Kent on
Thursday.
Putnam patriot., 1928-06-21
THE WRECK OF THE
HESPERUS" A SEA EPIC

Augmenting what is admitted TO be
one Of the most catchy titles ever
given a motion picture, Longfellow's
1.-THE Wreck of the Hesperus," is a
cast which is unusually strong and
well balanced.
Elmor Clifton, who directed the
production, as a DeMille special, Sc
lected for the romantic leading roles
Frank Marion and Virginia Brad
ford, a duo who first scored con-
spicuously in 1.-THE Country Doctor. ("
Marion and Miss Bradford, virtually
'sunknowns" until their appearance in
that production, by virtue of their
performances in this Story of the
trials Of the rural practitioner, have
won popular favor.
Assuring comedy for "The Wreck
Of the Hesperus," which comes TO
the Bradley theatre on Tuesday and
Wednesday next Alan Hale. erst-
while screen "bad man" essays q role
Of the Wallace Berry type. Sam
DECREASE, in the role of the skip
per-" renders a virile character role.
while Ethel Wales, Francis Ford,
Josephine Norman and Bud Fine also
figure conspicously in character por-
trayals. James Aldine and Milton
Holmes, in juvenile roles, complete
the cast
Putnam patriot., 1928-06-21
BORN

SOUTHEY=In Louisville, Kentucky,
June 8, a daughter TO DR.. and Mrs.
Charles l.. Southey. DR.. Southey
was former sub-master of Putnam
High school.
FORTIER-In Putnam, at the Day
Kimball Hospital, June Is, daugh-
ter to Mr.. and Mrs. Anthol Fortier
of Dayville.
SHARPLES--In Putnam, at the Day
Kimball Hospital, June i6, daugh-
ter to Mr.. and Mrs. George Sharples
of Goodyear.
BELL-In Putnam. at the Day Kim
ball Hospital, June 20, son, Rob
ert Thomas Bell, to Mr.. and Mrs.
Thomas Bell.
AVERILL - In Springfield, Mass,
June II, a daughter, Eleanor Janet
Averill, TO Mr.. and Mrs. Kenneth
Averill, formerly of Putnam.
EAMOTHE-In Putnam, at the Day
Kimball Hospital, June 10, son 10
Mr.. and Mrs. Walter Lamothe Of
Putnam.
CHAFFEE-In Putnam, at the Day
kimball Hospital, June Is, daugh-
ter to Mr.. and Mrs. Walter Chaffee
of Putnam.
BROOKS-In Wellesley, Mass, June
IL, son, Frank Allard, TO Mr.. and
Mrs. Edwin NJ. Brooks, son of the
late Rev. and Mrs. G. S. Brooks,
formerly of Putnam.
SMITH-In Putnam, at the Day Kim
ball Hospital, June 10, son, Cor
don Hatfield Smith, weighing lbs,
o., TO Mr.. and Mrs. Ohio F.
Smith Of East Providence formerly
Miss Ruth Hatheld), formerly Of
Putnam.
POPE-In Chimney Rock, North Car
olina, June IS, a son to Mr.. and
Mrs. Robert Pope formerly Miss
Mary Bradford Of Thompson).
Putnam patriot., 1928-06-21
EASY PUTNAM

Mrs. A. ID. Jenner visited relatives
in Putnam recently.
Mr.. and Mrs. f. G. Gibson called
on Mrs. Cora Shekleton Sunday.
Mrs. Fred Eddy and daughter Es-
Their spent the weekend with Mr.. and
Mrs. w. A. Houghton recently.
A pleasing Children's Day program
was given by pupils of the Clarkville
and East Putnam schools at the
church.
l.. A. Logee and family and Mrs. L.
E. Burrill and family attended the fu-
neral Of their niece, Mrs. Alice Her
sey, in Winchester, Mass, recently.
Mrs. A. +. Chapman attended the
commencement exercises in Danielson
High school, where her niece, Miss
Bertha Shekleton, was a graduate.
The July meeting of the Ladies'
Aid will be held at the home Of the
Misses Reynolds Wednesday, June "a.
At this meeting the committees will be
appointed for the annual clambake.
Putnam patriot., 1928-06-21
MARRIED

SCHLESINGER-wICKS - In Pom
fret, June 16, by Rev. Leonard
Richards, Mrs. Gladys Anne Wicks
and Barthold L. Schlesinger Of
Boston.
ACKNOWLEDGEMENTS Put
nam, June 10, by Justice Of the
Peace Irving II. Miron, Miss Louise
Huntington and George G. Bickford,
both of East Greenwich, r. /.
DION-RENSHAW-In Putnam, June
IS, by Rev. FIR. Casey, Miss Mildred
Renshaw and j. George Dion Of
Grosvenordale.
ROWE-RAYMOND - In Webster,
Mass, by Rev. F. G. Leahy, Miss
Eva Raymond and James Rowe Of
Putnam.
Putnam patriot., 1928-06-21

his part that he has been in constant
demand by producers everywhere.
The De Mile star felt that he would
like to repeat his dramatic success in
a comedy of feature size and so he
took the role in 1.-TWO Arabian
Knights" In that film, the private
and the sergeant are enemies as all
such were during the days Of cold,
rain and mud in France. They try
to stay enemies throughout the pic
ture, but il is difficult to do so since
each helps the other when they are
confronted by a common foe.
Putnam patriot., 1928-06-21
FIRE ALARMS FOR THE WEEK

Friday, June 18th. 5:45 p. M. an
alarm from box SO for a chimney
fire at 2s4 Church street, house own
ed by Farley estate.
June 18th, 5:45 p. m, an alarm
from box 43. Towels on back Of a
stove at "a Mill street, house owned
by Frank LeClair, started blazing.
We're extinguished before fire de-
partment arrived.
June 10, 1859 a. m, chimney fire
rs Bolles street. house owned by Asa
Ross.
Putnam patriot., 1928-06-21
WINS GRUEN WATCH

Miss Simonne Pauline LaRossS
member Of the graduating class of
the Putnam high school was awsr&s4
the Gruen watch offered by the PwAs
nam Music Shop Inc. The timspisss
was awarded without contest Of any
kind. A giant watch In the wintsw
Of the store had arranged upon N
dial the forty-one names OF the xrs4~
uating class. When the watch seGp-
ped the hand was pointing to M1s
LaRose's name and she was declared
the winner.
Putnam patriot., 1928-06-21
LOBSTER SUPPER NEXT
THURSDAY AFTERNOON

The annual garden party and lob
ster supper under the auspices Of the
Parish Guild Of st, Philips church
will be held on Thursday June 28th,
on the lawn at the home of Mr.. and
Mrs. Andrew Frost, 80 Sunnysbde
avenue, Putnam. A cordial welcome
is extended.--Adv.
Putnam patriot., 1928-06-21
HE6IHEA.TRESdas
WV MOVIES l

fully realizing it at the time, drew
one of the most beautiful love stories
in American literature when she PEN
ned this tale Of the half-Indian maid
en- who is in love with two men, one
of them the Indian, "Alessandro,
played on the screen by Warner Bax-
ter; the other, Felipe" the Spanish
Don, Roland Drew.
Miss Del Rios portrayal of the
Indian maiden is divine and in some
Putnam patriot., 1928-06-21
ELECTED STATE OFFICER

The twenty-eighth annual conven-
ton Of the Fraternal Order of Eagles
came to a close a Norwich, Monday.
Richard Dempsy, Hartford, was elect
ed state president. Captain John ].
McGarry of Putnam was elected con-
ductor.
Putnam patriot., 1928-06-21
WILLIAM BOYD IN
POST WAR COMEDY

The first chance to see William
Boyd in a major film production
since his work in "The Volga Boat
man" will be given Boyd fans when
1.-TWO Arabian Knights" postwar
comedy drama Of a pair of dough
boys, comes to the Bradley Theatre
on Friday and Saturday.
Mary Astor is his leading lady IN
this story Of the amusing expert
Putnam patriot., 1928-06-21
GRADUATES FROM YALE
WITH HIGH HoNORS

Roswell GiIpatric, son of Mr.. and
Mrs. Walter Gilpatrie Of White
Plains, n. Y. and a grandson Of Mrs.
George w. Gilpatric Of Putnam, is a
member Of the graduating class at
Yale this week. Mr.. Gilpatrie grad
yates with high honors and was re-
Gently elected to the Phi Delta Kappa
society Of the university. Mr.. Gil
patric's grandmother attended the
graduation exercises.
Putnam patriot., 1928-06-21

enees of two soldiers, a rich private
and hard-hoiled sergeant, who,
through using an Arab disguise to
escape from a German prison camp
Ind themselves in Arabia. Louis
Wolheim, who played the original
part Of Captain Flagg in What
Price Glory7" takes the role Of the
sergeant.
Boyd, who after only moderate op-
,ortunities received his big chance In
The Volga Boatman," did no well In
Putnam patriot., 1928-06-21
QUINEBAUC

The Well Child Clinic, held by the
Connecticut State Department Of Pub
lie Health, will be held at Quinebaug,
at the home Of Mrs. Paul NJ. Clifford,
on Thursday, from TO o'clock, day
light saving time, June 21st. Moth
ers are urged to bring all children, up
TO five years of age, to this clinic.
Putnam patriot., 1928-06-21
EAST THOMPSON

The Kings Daughters will hold a
strawberry shortcake supper and so
cial at their hall on Saturday evening,
June 23rd The first table viii be
served at 6 o'clock, DIST. Don't miss
a good hot supper and lovely ride
just at sunset on Saturday.-Adv.
Putnam patriot., 1928-06-21
DAUGHTER BORN

Word has been received of &c
birth In Louisville, Kentucky II q
daughter to DIR. and Mrs. Charles u.
Southey. DIR. Southey Is a formm
sub-master of the Putnam high sehesi
but since he left Putnam has txksx
his MD. degree.
Putnam patriot., 1928-06-21
dolores DEL RIO A
DELIGHT IN ramona"

The much heralded l"Ramona. y
from Helen Hunt Jaekson's novel of
the same name, has at last arrived in
our midst and will be seen at the
Bradley Theatre Sunday and Monday.
This film story brings Dolores Del
Rio, that beautiful Mexican star of
stars, to us in what may be classified
Putnam patriot., 1928-06-21
THOMPSON

The Children's Day exercises at the
Congregational church next Sunday
morning, which will take the place Of
the usual morning service, viii be
held at ~ o'clock, DIST.
Putnam patriot., 1928-06-21
DIED

CADY-In Worcester, at st. Vim
cents Hospital. June 10, Dennis
Cady Of Putnam.
WILLIS-In Putnam, June 1S, Hattie
M. Willis, formerly of Willimantic.
Putnam patriot., 1928-06-21

For sale a prison." Is the novel adj
vertisement displayed in Switzerland.
recently, after the building had been
empty for years.
Putnam patriot., 1928-06-21

Installation expense of a telephone
in Toxic ard Yokohama IL 1900 yen,
nearly x75e.
Putnam patriot., 1928-06-21

Near Houston, Texas, the bullfrogs
migrating from one swamp to another
caused traffic jam.
Putnam patriot., 1928-06-21

as her greatest screen triumph.
Edwin Carewe, the director of
Ramona" has given the story to
the screen in such a manner as might
be well termed "screen-classic."
Mrs. Jackson, while probably not
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1928-02-03
ATTENDS ELECTRICAL SCHOOL

R. H. Skill, district manager of the
Pacific Power-L Light company, wirh
headquarters at Kennewick, was a
visitor in White Bluffs on official
business day or two the first Of the
week. Mr.. Skill said he attended an
interesting electrical echool last wees,
conducted by the Oregon State Col
lege at Corvallis, Oregon, and at
tended by men in various phases Of
electrical work in both Oregon and
Washington. While the school cover
ed the general use of electricity, its
economical use on; the farm was
featured. To determine whether it
could be used economically for var
ious farm purposes, the electrical load
in each specific instance was likened
to a laborer who cost the farmer so
much per day or month as the case
might be. This cost was then COM
pared with the returns in dollars and
cents to the farmer, on each particular
job. Some of the results, Mr. Skill
said, were surprising. These tests
were all based on actual experiments
and in some cases where he had
been thought most pro-
fitable. the electrical servant had been
found to be hardly paying his way
while in other cases where his pro-
fitable use was doubtful, he rctted
a nice return to the farmer.
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1928-02-03
PARTY OF MILWAUKEE
OFFICIALS VISIT VALLEY

A party of Milwaukee officials in
cluding c. H. Burford, general man
ager, F. N. Hicks, assistant traffic mai.-
ager, and Harry Rowe, division freight
agent were visitors in the valley the
first of the week They came in a
special car attached to- the Monday
evening train and left with the train
Wednesday morning. During their
stay here the car was set in on the
siding at White Bluffs.
Their visit here, they said, had no
special significance but was in the
nature of periodical trip. They did
discuss with some OF the business men
matters of general railroad service to
the valley, particularly the matter of
freight rates. F. ]. Bonn of the Valley
Mercantile store placed before raem
figures showing that through stage
connections at Kennewick and Yaki-
ma, merchandise shipped from Seattle
or Spokane over the Northern Pacific
to those two points could be laid dowr.
in White Bluffs for less money than
when shipped over the Milwaukee.
The officials promised to look into
this and, if possible to make rate
that would eqaulize the freight
charges.
While they refused to be quoted. it
was apparent from their conversation
that the Wenatchee Southern is a live
issue with the Milwaukee railroad and
it is probable that something definite
in regard to the building of that pro-
posed road may be looked for in the
not too distant future.
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1928-02-03
AID PLAY CALLED OFF

The play, "Smilin' Through" by
the Won1an's Club, Of Grandview
which. was to have been shown in
the high school auditorium at White
Bluffs under the auspices of the
Ladies Aid on the evening Of jan
uary 81, but was postponed to Feb
uary on account of the death
of relative of one of the players,
has been called off altogether.
The receipts from the play here
were to have been divided $3.50 be-
tween the Aid and the players but
after it had agreed to sponsor the
production here the Aid learned
that a royalty of $35 to the author
and other incidental expenses amount
ing to perhaps $10 or SIS would first
have to be paid before there would
be any money to divide. Under those
circumstances, members of the Aid
did not believe that the show could
be made profitable here, either to them
selves or the players, and they noti-
fed the director at Sunnyside. that the
engagement was cancelled. ~
Tickets for the play had been print
ed and some sold, but the purchasers
have been or will be reimbursed by
the Aid. ifS
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1928-02-03
woMAN's CLUB NOTES

The next study meeting of the
club will be held at 2:30 Wednes.
day afternoon. February 8, at the
regular meeting place. The topic,
"Art in the Home and Garden. ;"
in charge Of Mrs. McFee, Mrs. Gill
huly and Mrs. McMurry, should
make a wide appeal, and women in
the valley who are interested in a
new home or an old one, a small
garden or large one, are cordially
invited to attend.
BY special stroke Of good for
tune the club will be enabled to
show at this meeting set of fifty
slides illustrating as many beauti-
full homes and gardens in Washing
ton. An explanatory lecture will
be given while the slides are shown.
Miss Gage of Kennewick will
also be present and give an appro-
pirate talk.
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1928-02-03
THE DEBENTURE PLAN
FOR FARM RELIEF

Enactment Of an export debenture
bill as substitute for the McNary-
Haugen farm relief plan is favored by
the executive committee of the ma
tional grange, according to press dis
patches from Washington.
"The time is ripe to give the export
debenture plan fair hearing on its
merits" said L. ]. Tabor. Master of
the National Grange in a formal
statement. "For more than seven
years the grange, along with other
farm organizations, has been seeking
methods to bring equality for agrl-
culture.
"The grange as an organization was
not committed to the Mem Nafy- H Haugen
bill and, in fact, objected to some of
its features. But it was in sympathy
with the purposes sought to be ac-
complished by the McNaryH Haugen
bill and never opposed the measure.
However, recent statements from
members of the House and senate
that they will not support legislation
that does not have some chance of
executive approval, prompts the
grange to believe that the time has
come to bring forward the export
debenture idea as sound method up
on which all can agree"
With reference to the bill which the
grange intends to support, a state
nent given out at the headquarters OF
the organization had this to say about
it:
Stated in the simplest terms, the
export debenture plan is an arrange
ment whereby exporters Of certain
agriculture products receive from the
treasury department certificates hav-
ing face value established by con-
gress and intended to represent the
difference in costs of production here
and abroad, such certificates being ne
Eotiable and good for their face value
in the payment Of import tariffs on
any articles later imported.
"Ths farmer, cooperative organiza-
ton or commercial exporter may not
desire to import directly, but the GER
tificates would be readily negotiable
to American importers at a slight dis
count. Naturally, the effect Of such
an arrangement would be Immediately
to raise, by the amount of export de-
,bentures tariff, the prices Of those
farm products now held down to the
foreign level.
"This plan is based primarily upon
the theory that since the farmer is
asked to support the protective tariff
high price level system, yet is unable
to realize the direct Benefits confen-
plated by that system, because crop
production is slightly in excess of our
hona needs, he should have some
compensation offset.
"If the farmer could buy his labor,
his taxes and his supplies in an open,
competitive market, he could readily
compete with the rest of the world.
This condition could be brought about
by the repeal of Our tariffs and the
lowering of our immigration barriers.
But these methods are impractical
and unthinkable. The logical plan is
to provide means of enabling the
farmer To meet the difference in cost
levels here aand abroad That is the
purpose of the export debenture."